StockNews.com assumed coverage on shares of Ampco-Pittsburgh (NYSE:AP – Free Report) in a research report report published on Monday morning. The firm issued a buy rating on the industrial products company’s stock.
Ampco-Pittsburgh Stock Down 3.8 %
NYSE:AP opened at $1.52 on Monday. The company has a market cap of $30.20 million, a price-to-earnings ratio of -0.69 and a beta of 0.83. 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 has a twelve month low of $0.74 and a twelve month high of $3.97. The stock has a fifty day simple moving average of $1.21 and a 200-day simple moving average of $1.92.
Ampco-Pittsburgh (NYSE:AP – Get Free Report) last announced its quarterly earnings results on Monday, May 13th. The industrial products company reported ($0.14) EPS for the quarter. The firm had revenue of $110.22 million for the quarter. Ampco-Pittsburgh had a negative net margin of 10.13% and a negative return on equity of 47.00%.
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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