State Street Corp Has $148,000 Position in Ampco-Pittsburgh Co. (NYSE:AP)

State Street Corp boosted its holdings in shares of Ampco-Pittsburgh Co. (NYSE:AP) by 92.7% in the third quarter, according to its most recent filing with the SEC. The firm owned 74,216 shares of the industrial products company’s stock after acquiring an additional 35,700 shares during the period. State Street Corp owned 0.37% of Ampco-Pittsburgh worth $148,000 as of its most recent filing with the SEC.

Separately, Renaissance Technologies LLC increased its stake in shares of Ampco-Pittsburgh by 12.7% in the 2nd quarter. Renaissance Technologies LLC now owns 556,396 shares of the industrial products company’s stock valued at $428,000 after acquiring an additional 62,593 shares during the last quarter. 49.16% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on Ampco-Pittsburgh in a research note on Sunday, December 29th. They issued a “hold” rating for the company.

Ampco-Pittsburgh Stock Performance

AP opened at $2.35 on Friday. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.98 and a current ratio of 1.99. The business’s 50-day simple moving average is $1.95 and its 200 day simple moving average is $1.74. The firm has a market capitalization of $47.22 million, a PE ratio of -1.04 and a beta of 0.95. Ampco-Pittsburgh Co. has a 52-week low of $0.74 and a 52-week high of $2.80.

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.