Analysts at StockNews.com assumed coverage on shares of Ampco-Pittsburgh (NYSE:AP – Get Free Report) in a research report issued to clients and investors on Monday. The brokerage set a “buy” rating on the industrial products company’s stock.
Ampco-Pittsburgh Price Performance
Shares of AP stock opened at $1.54 on Monday. The firm has a market cap of $30.60 million, a P/E ratio of -0.70 and a beta of 0.84. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.94 and a quick ratio of 0.96. Ampco-Pittsburgh has a 1-year low of $0.74 and a 1-year high of $3.97. The firm has a fifty day moving average of $1.21 and a two-hundred day moving average of $1.92.
Ampco-Pittsburgh (NYSE:AP – Get Free Report) last issued its quarterly earnings data on Monday, May 13th. The industrial products company reported ($0.14) earnings per share for the quarter. Ampco-Pittsburgh had a negative net margin of 10.13% and a negative return on equity of 47.00%. The firm had revenue of $110.22 million during the quarter.
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 (FCEP); and Air and Liquid Processing (ALP) segments.
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