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

Equities research analysts at StockNews.com began coverage on shares of Ampco-Pittsburgh (NYSE:AP) in a research report issued on Wednesday. The firm set a “buy” rating on the industrial products company’s stock.

Ampco-Pittsburgh Price Performance

Shares of Ampco-Pittsburgh stock opened at $2.15 on Wednesday. The company has a debt-to-equity ratio of 1.63, a current ratio of 2.02 and a quick ratio of 0.96. The business’s 50 day simple moving average is $2.39 and its two-hundred day simple moving average is $2.56. The stock has a market capitalization of $42.72 million, a P/E ratio of -1.06 and a beta of 0.66. Ampco-Pittsburgh has a one year low of $2.09 and a one year high of $4.00.

Ampco-Pittsburgh (NYSE:AP) last announced its quarterly earnings results on Monday, March 25th. The industrial products company reported ($2.12) EPS for the quarter. The company had revenue of $108.11 million during 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.