Alpha Pro Tech (NYSE:APT) Research Coverage Started at StockNews.com

StockNews.com assumed coverage on shares of Alpha Pro Tech (NYSE:APT) in a report published on Wednesday. The firm issued a buy rating on the stock.

Alpha Pro Tech Price Performance

APT opened at $4.68 on Wednesday. The company’s 50 day simple moving average is $4.68 and its 200-day simple moving average is $5.16. The stock has a market capitalization of $50.84 million, a P/E ratio of 12.65 and a beta of 0.30. Alpha Pro Tech has a one year low of $4.06 and a one year high of $6.44.

Institutional Trading of Alpha Pro Tech

An institutional investor recently raised its position in Alpha Pro Tech stock. Linden Thomas Advisory Services LLC raised its holdings in shares of Alpha Pro Tech, Ltd. (NYSE:APT) by 17.1% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 187,610 shares of the company’s stock after acquiring an additional 27,457 shares during the quarter. Linden Thomas Advisory Services LLC owned approximately 1.73% of Alpha Pro Tech worth $938,000 at the end of the most recent reporting period. 22.69% of the stock is currently owned by hedge funds and other institutional investors.

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.