Stock analysts at StockNews.com began coverage on shares of Ampco-Pittsburgh (NYSE:AP – Get Free Report) in a research report issued to clients and investors on Thursday. The firm set a “buy” rating on the industrial products company’s stock.
Ampco-Pittsburgh Price Performance
AP opened at $0.78 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 52-week low of $0.76 and a 52-week high of $4.00. The stock has a market capitalization of $15.51 million, a PE ratio of -0.35 and a beta of 0.83. The stock’s 50 day moving average price is $1.53 and its 200-day moving average price is $2.16.
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 return on equity of 47.00% and a negative net margin of 10.13%. The business 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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