Stock analysts at StockNews.com assumed coverage on shares of Ampco-Pittsburgh (NYSE:AP – Get Free Report) in a report released on Thursday. The brokerage set a “buy” rating on the industrial products company’s stock.
Ampco-Pittsburgh Price Performance
Ampco-Pittsburgh stock opened at $2.05 on Thursday. The business’s 50-day simple moving average is $2.35 and its 200 day simple moving average is $2.53. The stock has a market cap of $40.73 million, a price-to-earnings ratio of -1.01 and a beta of 0.66. Ampco-Pittsburgh has a 12-month low of $2.03 and a 12-month high of $4.00. The company has a quick ratio of 0.96, a current ratio of 2.02 and a debt-to-equity ratio of 1.63.
Ampco-Pittsburgh (NYSE:AP – Get Free Report) last issued its earnings results on Monday, March 25th. The industrial products company reported ($2.12) earnings per share (EPS) for the quarter. The company had revenue of $108.11 million for the quarter. Ampco-Pittsburgh had a negative return on equity of 38.27% and a negative net margin of 9.45%.
Ampco-Pittsburgh Company Profile
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 (FCEG); and Air and Liquid Processing (ALP) segments.
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