Ampco-Pittsburgh (NYSE:AP) Releases Earnings Results

Ampco-Pittsburgh (NYSE:AP) announced its quarterly earnings data on Wednesday. The industrial products company reported $0.16 EPS for the quarter, Zacks reports. Ampco-Pittsburgh had a negative net margin of 10.46% and a negative return on equity of 63.13%.

Ampco-Pittsburgh Price Performance

Shares of AP stock traded down $0.05 during mid-day trading on Wednesday, hitting $1.80. The company had a trading volume of 35,815 shares, compared to its average volume of 31,656. The company has a market capitalization of $36.07 million, a P/E ratio of -0.79 and a beta of 1.00. The stock’s 50 day moving average price is $2.24 and its 200-day moving average price is $2.04. Ampco-Pittsburgh has a 52-week low of $0.74 and a 52-week high of $2.79. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.99 and a quick ratio of 0.98.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on Ampco-Pittsburgh in a research report on Tuesday. They issued a “hold” rating on the stock.

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.