Analysts at StockNews.com began coverage on shares of Ampco-Pittsburgh (NYSE:AP – Get Free Report) in a note issued to investors on Wednesday. The brokerage set a “buy” rating on the industrial products company’s stock.
Ampco-Pittsburgh Stock Up 1.4 %
Shares of Ampco-Pittsburgh stock opened at $2.12 on Wednesday. The firm has a market cap of $42.12 million, a price-to-earnings ratio of -1.04 and a beta of 0.66. The company has a debt-to-equity ratio of 1.63, a current ratio of 2.02 and a quick ratio of 0.96. Ampco-Pittsburgh has a 52-week low of $2.09 and a 52-week high of $4.00. The stock has a 50-day simple moving average of $2.38 and a 200-day simple moving average of $2.55.
Ampco-Pittsburgh (NYSE:AP – Get Free Report) last announced its quarterly earnings results on Monday, March 25th. The industrial products company reported ($2.12) earnings per share (EPS) for the quarter. Ampco-Pittsburgh had a negative net margin of 9.45% and a negative return on equity of 38.27%. The firm had revenue of $108.11 million for the quarter.
About Ampco-Pittsburgh
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.
Further Reading
- Five stocks we like better than Ampco-Pittsburgh
- What Are Dividend Challengers?
- Hasbro’s Management Made All the Right Calls This Quarter
- What is the Hang Seng index?
- Caterpillar’s Market Reset Isn’t Over: Get Ready for Lower Prices
- How to Calculate Return on Investment (ROI)
- Power Surge: Utilities Sector’s Resilience Shines
Receive News & Ratings for Ampco-Pittsburgh Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ampco-Pittsburgh and related companies with MarketBeat.com's FREE daily email newsletter.
