Ampco-Pittsburgh Corporation (NYSE:AP - Get Free Report) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $2.30 and traded as high as $3.28. Ampco-Pittsburgh shares last traded at $3.22, with a volume of 67,486 shares traded.
Analyst Ratings Changes
Separately, Wall Street Zen began coverage on shares of Ampco-Pittsburgh in a research report on Thursday, May 22nd. They set a "hold" rating for the company.
Get Our Latest Stock Analysis on Ampco-Pittsburgh
Ampco-Pittsburgh Stock Down 2.3%
The company has a 50-day moving average of $2.64 and a 200-day moving average of $2.32. The company has a current ratio of 1.86, a quick ratio of 0.92 and a debt-to-equity ratio of 1.48. The company has a market capitalization of $59.29 million, a price-to-earnings ratio of 13.41 and a beta of 0.86.
Ampco-Pittsburgh (NYSE:AP - Get Free Report) last posted its quarterly earnings data on Monday, May 12th. The industrial products company reported $0.06 earnings per share (EPS) for the quarter. The firm had revenue of $104.27 million for the quarter. Ampco-Pittsburgh had a net margin of 1.04% and a return on equity of 5.89%.
Institutional Investors Weigh In On Ampco-Pittsburgh
An institutional investor recently bought a new position in Ampco-Pittsburgh stock. Bailard Inc. acquired a new stake in Ampco-Pittsburgh Corporation (NYSE:AP - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 12,500 shares of the industrial products company's stock, valued at approximately $27,000. Bailard Inc. owned 0.06% of Ampco-Pittsburgh as of its most recent filing with the Securities and Exchange Commission (SEC). 49.16% of the stock is currently owned by institutional investors and hedge funds.
Ampco-Pittsburgh Company Profile
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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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