StockNews.com initiated coverage on shares of Ampco-Pittsburgh (NYSE:AP – Free Report) in a report published on Monday. The firm issued a buy rating on the industrial products company’s stock.
Ampco-Pittsburgh Stock Performance
NYSE AP opened at $1.29 on Monday. The company has a quick ratio of 0.96, a current ratio of 1.94 and a debt-to-equity ratio of 1.73. Ampco-Pittsburgh has a 52 week low of $1.25 and a 52 week high of $4.00. The stock has a market capitalization of $25.63 million, a PE ratio of -0.59 and a beta of 0.83. The firm has a 50 day moving average of $1.93 and a two-hundred day moving average of $2.35.
Ampco-Pittsburgh (NYSE:AP – Get Free Report) last issued its earnings results on Monday, May 13th. The industrial products company reported ($0.14) earnings per share (EPS) for the quarter. Ampco-Pittsburgh had a negative net margin of 10.13% and a negative return on equity of 47.00%. The company had revenue of $110.22 million during the quarter.
About Ampco-Pittsburgh
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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