Alpha Pro Tech (NYSE:APT) Trading 2.8% Higher – Should You Buy?

Alpha Pro Tech, Ltd. (NYSE:APT) was up 2.8% on Thursday . The company traded as high as $4.80 and last traded at $4.71. Approximately 64,401 shares changed hands during trading, an increase of 114% from the average daily volume of 30,072 shares. The stock had previously closed at $4.58.

Alpha Pro Tech Stock Up 2.8%

The firm’s 50-day simple moving average is $4.57 and its 200-day simple moving average is $4.69. The firm has a market capitalization of $48.80 million, a PE ratio of 12.73 and a beta of 0.59.

Institutional Trading of Alpha Pro Tech

Large investors have recently bought and sold shares of the company. Inspire Advisors LLC purchased a new stake in Alpha Pro Tech during the 2nd quarter valued at about $274,000. James Investment Research Inc. purchased a new position in Alpha Pro Tech in the second quarter worth about $52,000. Jane Street Group LLC bought a new position in shares of Alpha Pro Tech in the first quarter worth approximately $117,000. NewEdge Advisors LLC purchased a new stake in shares of Alpha Pro Tech during the second quarter valued at approximately $74,000. Finally, Synovus Financial Corp bought a new stake in shares of Alpha Pro Tech during the third quarter valued at approximately $120,000. 22.69% of the stock is owned by institutional investors.

Alpha Pro Tech Company Profile

Alpha Pro Tech Ltd is a Canada‐based specialty manufacturer of engineered polymer products that serve construction and healthcare markets. Through its two operating segments, the company develops, produces and markets synthetic materials used in residential and commercial construction as well as personal protective equipment and respiratory protection for industrial and medical applications.

In its Building Products segment, Alpha Pro Tech offers synthetic roofing underlayment, housewrap and related weatherproofing accessories designed to enhance moisture and air control in roof and wall assemblies.