Ampco-Pittsburgh (NYSE:AP) Posts Earnings Results

Ampco-Pittsburgh (NYSE:AP - Get Free Report) announced its quarterly earnings results on Monday. The industrial products company reported $0.06 earnings per share (EPS) for the quarter, Zacks reports. Ampco-Pittsburgh had a negative net margin of 10.46% and a negative return on equity of 63.13%.

Ampco-Pittsburgh Price Performance

Shares of AP stock traded up $0.18 during mid-day trading on Monday, reaching $2.87. The stock had a trading volume of 160,392 shares, compared to its average volume of 280,549. The company has a market cap of $57.67 million, a P/E ratio of -1.27 and a beta of 0.66. The company has a current ratio of 1.99, a quick ratio of 0.98 and a debt-to-equity ratio of 1.57. Ampco-Pittsburgh has a 12-month low of $0.74 and a 12-month high of $3.10. The business has a 50-day simple moving average of $2.06 and a 200 day simple moving average of $2.08.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on shares of Ampco-Pittsburgh in a research report on Tuesday, May 6th. They set a "hold" rating for the company.

Ampco-Pittsburgh Company Profile

Ampco-Pittsburgh Corporation, together with its subsidiaries, engages in manufacture and sale of specialty metal products and customized equipment to commercial and industrial users worldwide. The company operates through Forged and Cast Engineered Products (FCEP); and Air and Liquid Processing (ALP) segments.

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