American Biltrite Inc. (OTCMKTS:ABLT – Get Free Report)’s share price dropped 7.6% during trading on Tuesday . The company traded as low as $78.50 and last traded at $78.50. Approximately 35 shares were traded during trading, a decline of 66% from the average daily volume of 104 shares. The stock had previously closed at $85.00.
American Biltrite Price Performance
The company has a current ratio of 1.35, a quick ratio of 0.58 and a debt-to-equity ratio of 0.09. The firm has a market capitalization of $2.51 million, a price-to-earnings ratio of -1.99 and a beta of 0.26. The stock’s fifty day moving average price is $87.54 and its two-hundred day moving average price is $98.48.
About American Biltrite
American Biltrite Inc, together with its subsidiaries, provides tape, jewelry, flooring, and rubber products worldwide. The company produces and offers pressure sensitive tapes, films, and protective sheeting under the American Biltrite and Ideal brands, which are used in various markets, such as automotive and transportation; construction; shoe/footwear; graphic arts, print, and signage; and various other industrial and consumer applications.
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