Ampco-Pittsburgh (NYSE:AP) Now Covered by StockNews.com

StockNews.com began coverage on shares of Ampco-Pittsburgh (NYSE:AP) in a research report released on Thursday. The brokerage issued a buy rating on the industrial products company’s stock.

Ampco-Pittsburgh Price Performance

Shares of NYSE AP opened at $0.77 on Thursday. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.96 and a current ratio of 1.94. Ampco-Pittsburgh has a one year low of $0.75 and a one year high of $4.00. The firm has a market capitalization of $15.30 million, a P/E ratio of -0.35 and a beta of 0.83. The company’s fifty day moving average is $1.48 and its two-hundred day moving average is $2.14.

Ampco-Pittsburgh (NYSE:AP) last released its quarterly earnings data on Monday, May 13th. The industrial products company reported ($0.14) EPS for the quarter. Ampco-Pittsburgh had a negative return on equity of 47.00% and a negative net margin of 10.13%. The company had revenue of $110.22 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 (FCEP); and Air and Liquid Processing (ALP) segments.