Alpha Pro Tech (NYSE:APT) Upgraded at StockNews.com

StockNews.com upgraded shares of Alpha Pro Tech (NYSE:APT) from a buy rating to a strong-buy rating in a report released on Wednesday.

Alpha Pro Tech Trading Down 6.0 %

Shares of NYSE:APT opened at $5.48 on Wednesday. The firm has a 50 day moving average of $5.49 and a 200-day moving average of $5.59. Alpha Pro Tech has a 12 month low of $3.82 and a 12 month high of $6.92. The stock has a market capitalization of $64.06 million, a PE ratio of 15.22 and a beta of -0.72.

Alpha Pro Tech (NYSE:APT) last announced its quarterly earnings data on Wednesday, May 8th. The company reported $0.05 EPS for the quarter. Alpha Pro Tech had a net margin of 6.92% and a return on equity of 6.86%. The business had revenue of $13.48 million during the quarter.

Institutional Trading of Alpha Pro Tech

Several large investors have recently bought and sold shares of APT. Ritholtz Wealth Management acquired a new position in Alpha Pro Tech during the 4th quarter worth approximately $69,000. Hillsdale Investment Management Inc. acquired a new position in shares of Alpha Pro Tech during the first quarter worth $91,000. O Shaughnessy Asset Management LLC increased its holdings in shares of Alpha Pro Tech by 226.4% during the first quarter. O Shaughnessy Asset Management LLC now owns 90,015 shares of the company’s stock worth $562,000 after buying an additional 62,437 shares in the last quarter. Acadian Asset Management LLC lifted its stake in shares of Alpha Pro Tech by 893.0% in the 1st quarter. Acadian Asset Management LLC now owns 120,296 shares of the company’s stock valued at $750,000 after acquiring an additional 108,181 shares during the last quarter. Finally, Linden Thomas Advisory Services LLC boosted its holdings in shares of Alpha Pro Tech by 2.2% during the 2nd quarter. Linden Thomas Advisory Services LLC now owns 163,644 shares of the company’s stock valued at $900,000 after acquiring an additional 3,511 shares in the last quarter. 22.69% of the stock is owned by institutional investors and hedge funds.

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.