Ampco-Pittsburgh Corp. Director Sells $230,500 in Stock (AP)
Ampco-Pittsburgh Corp. (NYSE:AP) Director Paul A. Gould sold 10,000 shares of the company’s stock in a transaction dated Wednesday, June 18th. The shares were sold at an average price of $23.05, for a total value of $230,500.00. Following the completion of the transaction, the director now directly owns 6,115 shares of the company’s stock, valued at approximately $140,951. The sale was disclosed in a filing with the SEC, which is available at this link.
Several analysts have recently commented on the stock. Analysts at TheStreet upgraded shares of Ampco-Pittsburgh Corp. to a “buy” rating in a research note on Monday.
Ampco-Pittsburgh Corp. (NYSE:AP) traded down 0.72% on Thursday, hitting $23.40. The stock had a trading volume of 9,510 shares. Ampco-Pittsburgh Corp. has a one year low of $16.24 and a one year high of $23.63. The stock’s 50-day moving average is $21.12 and its 200-day moving average is $19.55. The company has a market cap of $243.3 million and a price-to-earnings ratio of 19.72.
Ampco-Pittsburgh Corp. (NYSE:AP) last released its earnings data on Wednesday, April 23rd. The company reported $0.01 earnings per share (EPS) for the quarter. The company had revenue of $62.91 million for the quarter, compared to the consensus estimate of $69.62 million.
Ampco-Pittsburgh Corporation operates in two segments: Forged and Cast Rolls, and Air and Liquid Processing.
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