Ampco-Pittsburgh Co. (NYSE:AP - Get Free Report)'s share price crossed 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.
Analysts Set New Price Targets
Separately, Wall Street Zen initiated coverage on Ampco-Pittsburgh in a research report on Thursday, May 22nd. They issued a "hold" rating on the stock.
View Our Latest Analysis on AP
Ampco-Pittsburgh Trading Down 0.3%
The firm has a market capitalization of $69.53 million, a P/E ratio of -1.53 and a beta of 0.66. 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 firm has a 50 day moving average price of $2.34 and a two-hundred day moving average price of $2.21.
Ampco-Pittsburgh (NYSE:AP - Get Free Report) last issued its earnings results on Monday, May 12th. The industrial products company reported $0.06 EPS for the quarter. Ampco-Pittsburgh had a negative return on equity of 63.13% and a negative net margin of 10.46%. The business had revenue of $104.27 million during the quarter.
Institutional Investors Weigh In On Ampco-Pittsburgh
A hedge fund recently bought a new stake in Ampco-Pittsburgh stock. Bailard Inc. acquired a new position in Ampco-Pittsburgh Co. (NYSE:AP - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund 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 at the end of the most recent reporting period. 49.16% of the stock is owned by institutional investors and hedge funds.
About Ampco-Pittsburgh
(
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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