Equities researchers at StockNews.com initiated coverage on shares of Alpha Pro Tech (NYSE:APT - Get Free Report) in a note issued to investors on Wednesday. The firm set a "buy" rating on the stock.
Alpha Pro Tech Price Performance
APT stock opened at $5.08 on Wednesday. The company has a market capitalization of $55.87 million, a PE ratio of 13.73 and a beta of 0.64. Alpha Pro Tech has a 12 month low of $4.64 and a 12 month high of $6.92. The firm's 50-day moving average is $5.43 and its 200 day moving average is $5.52.
Institutional Inflows and Outflows
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 1.2% during the third quarter, according to its most recent filing with the SEC. The firm owned 610,000 shares of the company's stock after purchasing an additional 7,500 shares during the period. Needham Investment Management LLC owned 5.55% of Alpha Pro Tech worth $3,477,000 at the end of the most recent reporting period. 22.69% of the stock is 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
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Alpha Pro Tech, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Alpha Pro Tech wasn't on the list.
While Alpha Pro Tech currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are hedge funds and endowments buying in today's market? Enter your email address and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying now.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
