Alpha Pro Tech (NYSE:APT) Coverage Initiated by Analysts at StockNews.com

Stock analysts at StockNews.com began coverage on shares of Alpha Pro Tech (NYSE:APT) in a research note issued to investors on Sunday. The firm set a “buy” rating on the stock.

Alpha Pro Tech Price Performance

Shares of Alpha Pro Tech stock opened at $5.36 on Friday. The firm’s 50-day moving average is $5.40 and its two-hundred day moving average is $5.57. The stock has a market cap of $58.96 million, a price-to-earnings ratio of 14.49 and a beta of -0.64. Alpha Pro Tech has a 1 year low of $4.64 and a 1 year high of $6.92.

Institutional Trading of Alpha Pro Tech

A hedge fund recently bought a new stake in Alpha Pro Tech stock. Inspire Advisors LLC bought a new stake in shares of Alpha Pro Tech, Ltd. (NYSE:APT) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 57,273 shares of the company’s stock, valued at approximately $326,000. Inspire Advisors LLC owned approximately 0.49% of Alpha Pro Tech at the end of the most recent reporting period. Institutional investors own 22.69% of the company’s stock.

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.