StockNews.com began 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 Trading Down 1.2 %
Shares of Alpha Pro Tech stock traded down $0.06 during trading hours on Thursday, hitting $5.02. 20,945 shares of the company were exchanged, compared to its average volume of 38,992. The business has a 50-day moving average of $5.34 and a 200-day moving average of $5.47. Alpha Pro Tech has a 1 year low of $4.64 and a 1 year high of $6.92. The stock has a market capitalization of $54.58 million, a price-to-earnings ratio of 13.57 and a beta of 0.64.
Institutional Investors Weigh In On Alpha Pro Tech
An institutional investor recently raised its position in Alpha Pro Tech stock. Needham Investment Management LLC lifted its stake in Alpha Pro Tech, Ltd. (NYSE:APT - Free Report) by 0.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 612,500 shares of the company's stock after purchasing an additional 2,500 shares during the period. 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.
About Alpha Pro Tech
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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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