StockNews.com initiated coverage on shares of Ampco-Pittsburgh (NYSE:AP – Free Report) in a research note released on Saturday morning. The brokerage issued a buy rating on the industrial products company’s stock.
Ampco-Pittsburgh Stock Performance
Ampco-Pittsburgh stock opened at $1.50 on Friday. The firm has a 50 day simple moving average of $1.24 and a 200-day simple moving average of $2.01. Ampco-Pittsburgh has a 1-year low of $0.74 and a 1-year high of $4.00. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.94 and a quick ratio of 0.96. The stock has a market cap of $29.81 million, a price-to-earnings ratio of -0.68 and a beta of 0.84.
Ampco-Pittsburgh (NYSE:AP – Get Free Report) last posted its quarterly earnings results 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.
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.
Recommended Stories
- Five stocks we like better than Ampco-Pittsburgh
- Biggest Stock Losers – Today’s Biggest Percentage Decliners
- Automaker’s Bold Move to an EV Future: Is It Time to Buy Stock?
- What is the Hang Seng index?
- Massive Breakout: This ETF Signals Big Gains for Small-Cap Stocks
- Utilities Stocks Explained – How and Why to Invest in Utilities
- Major Gaming Stock to Watch: Why It’s a Safe Bet Now
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.