Ampco-Pittsburgh (NYSE:AP) Receives New Coverage from Analysts at StockNews.com

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

Ampco-Pittsburgh Price Performance

Shares of AP opened at $1.51 on Friday. Ampco-Pittsburgh has a twelve month low of $1.47 and a twelve month high of $4.00. The stock’s 50 day moving average is $2.09 and its two-hundred day moving average is $2.42. The firm has a market capitalization of $30.00 million, a PE ratio of -0.69 and a beta of 0.67. The company has a current ratio of 1.94, a quick ratio of 0.96 and a debt-to-equity ratio of 1.73.

Ampco-Pittsburgh (NYSE:AP) last announced its quarterly earnings data on Monday, March 25th. The industrial products company reported ($2.12) earnings per share for the quarter. Ampco-Pittsburgh had a negative net margin of 10.13% and a negative return on equity of 47.00%. The business had revenue of $108.11 million during the quarter.

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 (FCEP); and Air and Liquid Processing (ALP) segments.