Ampco-Pittsburgh (NYSE:AP - Get Free Report) was upgraded by investment analysts at Wall Street Zen to a "buy" rating in a research report issued to clients and investors on Saturday.
Ampco-Pittsburgh Price Performance
AP traded up $0.04 during midday trading on Friday, hitting $2.94. The stock had a trading volume of 43,198 shares, compared to its average volume of 278,291. Ampco-Pittsburgh has a 1 year low of $0.76 and a 1 year high of $3.99. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.92 and a current ratio of 1.86. The business has a fifty day moving average of $2.89 and a 200 day moving average of $2.40. The company has a market cap of $59.06 million, a P/E ratio of 13.36 and a beta of 0.85.
Ampco-Pittsburgh (NYSE:AP - Get Free Report) last announced its quarterly earnings data on Monday, May 12th. The industrial products company reported $0.06 earnings per share (EPS) for the quarter. Ampco-Pittsburgh had a net margin of 1.04% and a return on equity of 5.89%. The company had revenue of $104.27 million during the quarter.
Institutional Trading of Ampco-Pittsburgh
An institutional investor recently raised its position in Ampco-Pittsburgh stock. Ameriprise Financial Inc. boosted its holdings in Ampco-Pittsburgh Corporation (NYSE:AP - Free Report) by 0.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,084,403 shares of the industrial products company's stock after purchasing an additional 5,020 shares during the period. Ameriprise Financial Inc. owned approximately 5.40% of Ampco-Pittsburgh worth $2,266,000 at the end of the most recent reporting period. Institutional investors own 49.16% of the company's stock.
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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