StockNews.com assumed coverage on shares of Alpha Pro Tech (NYSE:APT - Free Report) in a research report sent to investors on Saturday morning. The brokerage issued a buy rating on the stock.
Alpha Pro Tech Price Performance
Shares of NYSE:APT traded up $0.13 during trading on Friday, hitting $4.38. The company's stock had a trading volume of 28,549 shares, compared to its average volume of 36,332. The firm has a market cap of $47.62 million, a price-to-earnings ratio of 11.84 and a beta of 0.33. The company has a 50-day moving average of $5.12 and a 200-day moving average of $5.37. Alpha Pro Tech has a 12 month low of $4.21 and a 12 month high of $6.50.
Hedge Funds Weigh In On Alpha Pro Tech
An institutional investor recently raised its position in Alpha Pro Tech stock. Needham Investment Management LLC raised its holdings in shares of Alpha Pro Tech, Ltd. (NYSE:APT - Free Report) by 0.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 612,500 shares of the company's stock after acquiring an additional 2,500 shares during the quarter. Needham Investment Management LLC owned approximately 5.57% of Alpha Pro Tech worth $3,240,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 22.69% of the company's stock.
Alpha Pro Tech Company Profile
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Alpha Pro Tech, Ltd., together with its subsidiaries, develops, manufactures, and markets a range of disposable protective apparel, infection control, and building supply products in the United States and internationally. The company operates through Disposable Protective Apparel and Building Supply segments.
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