Ampco-Pittsburgh (NYSE:AP – Get Free Report) announced its quarterly earnings data on Wednesday. The industrial products company reported $0.16 earnings per share for the quarter, Zacks reports. Ampco-Pittsburgh had a negative return on equity of 63.13% and a negative net margin of 10.46%.
Ampco-Pittsburgh Stock Performance
Shares of AP stock opened at $1.80 on Thursday. The company has a market capitalization of $36.07 million, a P/E ratio of -0.79 and a beta of 1.00. The business’s 50 day moving average is $2.23 and its two-hundred day moving average is $2.03. The company has a current ratio of 1.99, a quick ratio of 0.98 and a debt-to-equity ratio of 1.57. Ampco-Pittsburgh has a 12-month low of $0.74 and a 12-month high of $2.79.
Analyst Upgrades and Downgrades
Separately, StockNews.com assumed coverage on Ampco-Pittsburgh in a report on Tuesday. They set 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.
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