StockNews.com started coverage on shares of Alpha Pro Tech (NYSE:APT - Free Report) in a report issued on Thursday morning. The brokerage issued a buy rating on the stock.
Alpha Pro Tech Stock Performance
Alpha Pro Tech stock remained flat at $5.40 during mid-day trading on Thursday. The company's stock had a trading volume of 22,292 shares, compared to its average volume of 40,157. Alpha Pro Tech has a one year low of $4.64 and a one year high of $6.92. The firm's 50-day moving average is $5.37 and its two-hundred day moving average is $5.63. The firm has a market cap of $59.40 million, a price-to-earnings ratio of 14.59 and a beta of -0.71.
Alpha Pro Tech (NYSE:APT - Get Free Report) last announced its earnings results on Wednesday, November 6th. The company reported $0.08 earnings per share for the quarter. The firm had revenue of $14.25 million for the quarter. Alpha Pro Tech had a return on equity of 6.70% and a net margin of 6.99%.
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the company. Needham Investment Management LLC increased its holdings in shares of Alpha Pro Tech by 1.2% during the 3rd quarter. Needham Investment Management LLC now owns 610,000 shares of the company's stock valued at $3,477,000 after purchasing an additional 7,500 shares in the last quarter. Renaissance Technologies LLC lifted its position in shares of Alpha Pro Tech by 1.3% in the second quarter. Renaissance Technologies LLC now owns 632,375 shares of the company's stock valued at $3,478,000 after acquiring an additional 8,316 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Alpha Pro Tech by 37.0% in the second quarter. Dimensional Fund Advisors LP now owns 125,018 shares of the company's stock valued at $688,000 after buying an additional 33,782 shares during the last quarter. Finally, Inspire Advisors LLC acquired a new stake in shares of Alpha Pro Tech during the 3rd quarter worth about $326,000. 22.69% of the stock is currently owned by hedge funds and other institutional investors.
Alpha Pro Tech Company Profile
(
Get Free Report)
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.
Further Reading
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