Ampco-Pittsburgh Corporation (NYSE:AP - Get Free Report) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $2.67 and traded as high as $2.81. Ampco-Pittsburgh shares last traded at $2.73, with a volume of 52,851 shares changing hands.
Wall Street Analyst Weigh In
Separately, Wall Street Zen cut shares of Ampco-Pittsburgh from a "buy" rating to a "hold" rating in a research note on Monday, August 18th.
Read Our Latest Report on AP
Ampco-Pittsburgh Stock Down 0.7%
The firm has a market cap of $55.47 million, a PE ratio of -11.37 and a beta of 0.82. The business's 50 day moving average price is $3.12 and its 200 day moving average price is $2.67. The company has a debt-to-equity ratio of 1.52, a current ratio of 1.80 and a quick ratio of 0.91.
Ampco-Pittsburgh (NYSE:AP - Get Free Report) last released its earnings results on Tuesday, August 12th. The industrial products company reported ($0.06) EPS for the quarter. Ampco-Pittsburgh had a positive return on equity of 1.40% and a negative net margin of 1.22%.
Hedge Funds Weigh In On Ampco-Pittsburgh
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Geode Capital Management LLC boosted its position in Ampco-Pittsburgh by 2.8% during the second quarter. Geode Capital Management LLC now owns 162,066 shares of the industrial products company's stock worth $480,000 after acquiring an additional 4,339 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in Ampco-Pittsburgh by 0.5% in the 4th quarter. Ameriprise Financial Inc. now owns 1,084,403 shares of the industrial products company's stock valued at $2,266,000 after purchasing an additional 5,020 shares during the last quarter. Bailard Inc. boosted its holdings in Ampco-Pittsburgh by 59.5% in the 2nd quarter. Bailard Inc. now owns 19,934 shares of the industrial products company's stock valued at $59,000 after purchasing an additional 7,434 shares during the last quarter. Jane Street Group LLC acquired a new position in Ampco-Pittsburgh in the 2nd quarter valued at about $30,000. Finally, Wealth Enhancement Advisory Services LLC acquired a new position in Ampco-Pittsburgh in the 2nd quarter valued at about $32,000. 49.16% of the stock is currently owned by institutional investors and hedge funds.
Ampco-Pittsburgh Company Profile
(
Get Free Report)
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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