Ampco-Pittsburgh (NYSE:AP – Get Free Report) announced its quarterly earnings results on Monday. The industrial products company reported $0.06 earnings per share (EPS) 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 Up 6.7%
AP stock opened at $2.87 on Tuesday. The company has a market cap of $57.67 million, a price-to-earnings ratio of -1.27 and a beta of 0.66. Ampco-Pittsburgh has a twelve month low of $0.74 and a twelve month high of $3.12. The business has a 50 day moving average price of $2.08 and a two-hundred day moving average price of $2.09. The company has a quick ratio of 0.98, a current ratio of 1.99 and a debt-to-equity ratio of 1.57.
Analyst Ratings Changes
Separately, StockNews.com assumed coverage on Ampco-Pittsburgh in a research note on Tuesday, May 6th. They set a “hold” rating for the company.
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 (FCEP); and Air and Liquid Processing (ALP) segments.
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