1 day Ago By ABMN Staff
Ampco-Pittsburgh Co. ( NYSE:AP – Get Free Report ) was the recipient of a large decline in short interest in August. As of August 31st, there was short interest totalling 849,400 shares, a decline of 12.
7% from the August 15th total of 973,500 shares. Based on an average daily trading volume, of 951,700 shares, the days-to-cover ratio is presently 0.9 days.
Currently, 5.8% of the company’s stock are sold short. Wall Street Analysts Forecast Growth Separately, StockNews.
com upgraded Ampco-Pittsburgh from a “sell” rating to a “hold” rating in a research note on Tuesday, August 13th. Get Our Latest Stock Analysis on Ampco-Pittsburgh Institutional Trading of Ampco-Pittsburgh Ampco-Pittsburgh Stock Up 6.9 % AP stock traded up $0.
14 during mid-day trading on Wednesday, hitting $2.17. 90,956 shares of the company were exchanged, compared to its average volume of 369,691.
The firm has a fifty day simple moving average of $1.72 and a 200 day simple moving average of $1.75.
The company has a market capitalization of $43.11 million, a PE ratio of -0.99 and a beta of 0.
84. Ampco-Pittsburgh has a twelve month low of $0.74 and a twelve month high of $3.
02. The company has a current ratio of 1.98, a quick ratio of 1.
02 and a debt-to-equity ratio of 1.72. Ampco-Pittsburgh ( NYSE:AP – Get Free Report ) last posted its quarterly earnings results on Monday, August 12th.
The industrial products company reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of $0.08 by $0.
02. Ampco-Pittsburgh had a negative return on equity of 51.75% and a negative net margin of 9.
67%. The business had revenue of $110.99 million during the quarter.
Ampco-Pittsburgh Company Profile ( Get Free Report ) 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. Featured Articles Receive News & Ratings for Ampco-Pittsburgh Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ampco-Pittsburgh and related companies with MarketBeat.
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