StockNews.com began coverage on shares of Ampco-Pittsburgh (NYSE:AP – Free Report) in a research report report published on Thursday morning. The brokerage issued a buy rating on the industrial products company’s stock.
Ampco-Pittsburgh Price Performance
Shares of AP opened at $2.03 on Thursday. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.96 and a current ratio of 2.02. Ampco-Pittsburgh has a 52-week low of $1.99 and a 52-week high of $4.00. The business has a fifty day moving average of $2.33 and a 200 day moving average of $2.52.
Ampco-Pittsburgh (NYSE:AP – Get Free Report) last released its earnings results on Monday, March 25th. The industrial products company reported ($2.12) earnings per share (EPS) for the quarter. The firm had revenue of $108.11 million during the quarter. Ampco-Pittsburgh had a negative return on equity of 38.27% and a negative net margin of 9.45%.
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 (FCEG); and Air and Liquid Processing (ALP) segments.
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