Ampco-Pittsburgh (NYSE:AP) Now Covered by Analysts at StockNews.com

StockNews.com initiated coverage on shares of Ampco-Pittsburgh (NYSE:AP) in a research note published on Wednesday morning. The brokerage issued a buy rating on the industrial products company’s stock.

Ampco-Pittsburgh Price Performance

NYSE:AP opened at $2.11 on Wednesday. The firm’s fifty day moving average is $2.39 and its two-hundred day moving average is $2.56. The firm has a market cap of $41.92 million, a price-to-earnings ratio of -1.04 and a beta of 0.66. Ampco-Pittsburgh has a one year low of $2.09 and a one year high of $4.00. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.96 and a current ratio of 2.02.

Ampco-Pittsburgh (NYSE:AP) last released its quarterly earnings data 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.