Ampco-Pittsburgh (NYSE:AP) Now Covered by StockNews.com

StockNews.com began coverage on shares of Ampco-Pittsburgh (NYSE:AP) in a note issued to investors on Thursday. The brokerage set a “buy” rating on the industrial products company’s stock.

Ampco-Pittsburgh Stock Performance

AP opened at $2.03 on Thursday. Ampco-Pittsburgh has a 1-year low of $1.99 and a 1-year high of $4.00. The stock has a market cap of $40.34 million, a P/E ratio of -1.00 and a beta of 0.67. The stock’s 50 day simple moving average is $2.33 and its 200 day simple moving average is $2.53. The company has a debt-to-equity ratio of 1.63, a current ratio of 2.02 and a quick ratio of 0.96.

Ampco-Pittsburgh (NYSE:AP) last issued its quarterly earnings data on Monday, March 25th. The industrial products company reported ($2.12) earnings per share (EPS) for the quarter. The company had revenue of $108.11 million for the quarter. Ampco-Pittsburgh had a negative return on equity of 38.27% and a negative net margin of 9.45%.

Ampco-Pittsburgh Company Profile

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.