Alpha Pro Tech (NYSE:APT) Trading 0.2% Higher – What’s Next?

Alpha Pro Tech, Ltd. (NYSE:APT)’s stock price rose 0.2% on Tuesday . The stock traded as high as $5.35 and last traded at $5.28. Approximately 15,492 shares were traded during trading, a decline of 67% from the average daily volume of 47,561 shares. The stock had previously closed at $5.27.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on shares of Alpha Pro Tech in a report on Wednesday. They set a “buy” rating on the stock.

Alpha Pro Tech Trading Up 0.2 %

The firm has a market capitalization of $58.07 million, a P/E ratio of 14.27 and a beta of -0.73. The stock’s 50-day simple moving average is $5.43 and its 200-day simple moving average is $5.61.

Institutional Investors Weigh In On Alpha Pro Tech

Several large investors have recently made changes to their positions in the business. Inspire Advisors LLC bought a new position in Alpha Pro Tech during the third quarter worth about $326,000. Dimensional Fund Advisors LP raised its stake in shares of Alpha Pro Tech by 37.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 125,018 shares of the company’s stock valued at $688,000 after purchasing an additional 33,782 shares during the period. Acadian Asset Management LLC lifted its holdings in Alpha Pro Tech by 32.9% during the 2nd quarter. Acadian Asset Management LLC now owns 159,825 shares of the company’s stock worth $877,000 after purchasing an additional 39,529 shares in the last quarter. Needham Investment Management LLC boosted its stake in Alpha Pro Tech by 1.2% in the 3rd quarter. Needham Investment Management LLC now owns 610,000 shares of the company’s stock worth $3,477,000 after purchasing an additional 7,500 shares during the period. Finally, Renaissance Technologies LLC increased its position in shares of Alpha Pro Tech by 1.3% during the second quarter. Renaissance Technologies LLC now owns 632,375 shares of the company’s stock valued at $3,478,000 after buying an additional 8,316 shares during the period. 22.69% of the stock is owned by hedge funds and other institutional investors.

About Alpha Pro Tech

Alpha Pro Tech, Ltd., together with its subsidiaries, develops, manufactures, and markets a range of disposable protective apparel, infection control, and building supply products in the United States and internationally. The company operates through Disposable Protective Apparel and Building Supply segments.