Shares of Ampco-Pittsburgh Co. (NYSE:AP - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $2.17 and traded as high as $3.13. Ampco-Pittsburgh shares last traded at $3.02, with a volume of 36,178 shares changing hands.
Wall Street Analyst Weigh In
Separately, Wall Street Zen began coverage on Ampco-Pittsburgh in a research report on Thursday, May 22nd. They issued a "hold" rating on the stock.
Check Out Our Latest Report on Ampco-Pittsburgh
Ampco-Pittsburgh Price Performance
The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.98 and a current ratio of 1.99. The company has a market cap of $70.07 million, a price-to-earnings ratio of -1.55 and a beta of 0.66. The company has a 50-day simple moving average of $2.28 and a 200-day simple moving average of $2.19.
Ampco-Pittsburgh (NYSE:AP - Get Free Report) last posted its quarterly earnings results on Monday, May 12th. The industrial products company reported $0.06 earnings per share for the quarter. The business had revenue of $104.27 million for the quarter. Ampco-Pittsburgh had a negative net margin of 10.46% and a negative return on equity of 63.13%.
Institutional Investors Weigh In On Ampco-Pittsburgh
An institutional investor recently bought a new position in Ampco-Pittsburgh stock. Bailard Inc. acquired a new position in shares of Ampco-Pittsburgh Co. (NYSE:AP - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 12,500 shares of the industrial products company's stock, valued at approximately $27,000. Bailard Inc. owned about 0.06% of Ampco-Pittsburgh as of its most recent SEC filing. 49.16% of the stock is currently owned by institutional investors and hedge funds.
Ampco-Pittsburgh Company Profile
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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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