Ampco-Pittsburgh Corporation (AP) Receives News Sentiment Rating of 0.05
News coverage about Ampco-Pittsburgh Corporation (NYSE:AP) has trended somewhat positive on Friday, Accern Sentiment reports. The research firm identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ampco-Pittsburgh Corporation earned a media sentiment score of 0.05 on Accern’s scale. Accern also gave media headlines about the industrial products company an impact score of 45.1123787166064 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Ampco-Pittsburgh Corporation (NYSE:AP) opened at 15.40 on Friday. The company’s 50 day moving average price is $14.03 and its 200-day moving average price is $14.65. Ampco-Pittsburgh Corporation has a 12-month low of $9.34 and a 12-month high of $18.25. The stock’s market cap is $190.34 million.
Ampco-Pittsburgh Corporation (NYSE:AP) last released its quarterly earnings data on Tuesday, August 8th. The industrial products company reported ($0.16) earnings per share for the quarter, topping the consensus estimate of ($0.20) by $0.04. The firm had revenue of $110.55 million for the quarter, compared to analyst estimates of $108 million. Ampco-Pittsburgh Corporation had a negative net margin of 18.73% and a negative return on equity of 25.72%. On average, analysts forecast that Ampco-Pittsburgh Corporation will post ($0.48) EPS for the current year.
A number of equities analysts recently issued reports on AP shares. Janney Montgomery Scott raised Ampco-Pittsburgh Corporation from a “neutral” rating to a “buy” rating and raised their price target for the stock from $16.00 to $22.00 in a report on Wednesday, August 9th. Zacks Investment Research lowered Ampco-Pittsburgh Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, May 10th. Finally, ValuEngine raised Ampco-Pittsburgh Corporation from a “strong sell” rating to a “sell” rating in a report on Saturday, May 20th.
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About Ampco-Pittsburgh Corporation
Ampco-Pittsburgh Corporation is engaged in manufacturing and selling specialty metal products and customized equipment utilized by industry throughout the world. The Company operates through two segments: the Forged and Cast Engineered Products segment, and the Air and Liquid Processing segment. The Forged and Cast Engineered Products segment consists of Union Electric Steel Corporation (Union Electric Steel or UES) and Union Electric Steel UK Limited (UES-UK).
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