Ampco-Pittsburgh (NYSE:AP) Coverage Initiated at StockNews.com

Posted by ABMN Staff on May 16th, 2025

Stock analysts at StockNews.com started coverage on shares of Ampco-Pittsburgh (NYSE:AP – Get Free Report) in a report released on Wednesday. The brokerage set a “hold” rating on the industrial products company’s stock.

Ampco-Pittsburgh Stock Up 1.8%

Ampco-Pittsburgh stock opened at $2.29 on Wednesday. The business’s 50-day simple moving average is $2.10 and its two-hundred day simple moving average is $2.09. 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 $46.02 million, a PE ratio of -1.01 and a beta of 0.66. Ampco-Pittsburgh has a fifty-two week low of $0.74 and a fifty-two week high of $3.12.

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 firm had revenue of $104.27 million for the quarter.

Institutional Investors Weigh In On Ampco-Pittsburgh

An institutional investor recently raised its position in Ampco-Pittsburgh stock. Ameriprise Financial Inc. lifted its position in shares of Ampco-Pittsburgh Co. (NYSE:AP – Free Report) by 0.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,084,403 shares of the industrial products company’s stock after purchasing an additional 5,020 shares during the quarter. Ameriprise Financial Inc. owned 5.40% of Ampco-Pittsburgh worth $2,266,000 as of its most recent SEC filing. Institutional investors and hedge funds 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.