News coverage about Ampco-Pittsburgh Corporation (NYSE:AP) has trended somewhat positive this week, according to Accern Sentiment. The research group ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ampco-Pittsburgh Corporation earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned headlines about the industrial products company an impact score of 44.7628212777892 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Ampco-Pittsburgh Corporation (NYSE:AP) traded up 0.423% on Friday, hitting $17.825. The stock had a trading volume of 1,103 shares. The company’s 50 day moving average is $16.68 and its 200-day moving average is $15.17. Ampco-Pittsburgh Corporation has a 12 month low of $10.25 and a 12 month high of $18.25. The stock’s market cap is $220.32 million.
Ampco-Pittsburgh Corporation (NYSE:AP) last posted its earnings results on Tuesday, August 8th. The industrial products company reported ($0.16) EPS for the quarter, topping the consensus estimate of ($0.20) by $0.04. The firm had revenue of $110.55 million for the quarter, compared to analyst estimates of $108.00 million. Ampco-Pittsburgh Corporation had a negative return on equity of 25.72% and a negative net margin of 18.73%. Analysts forecast that Ampco-Pittsburgh Corporation will post ($0.48) EPS for the current year.
AP has been the topic of a number of analyst reports. Janney Montgomery Scott raised Ampco-Pittsburgh Corporation from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $16.00 to $22.00 in a research report on Wednesday, August 9th. ValuEngine raised Ampco-Pittsburgh Corporation from a “sell” rating to a “hold” rating in a research report on Friday, September 1st. Finally, Zacks Investment Research raised Ampco-Pittsburgh Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, July 11th.
About Ampco-Pittsburgh Corporation
Ampco-Pittsburgh Corporation is engaged in manufacturing and selling specialty metal products and customized equipment utilized by industry throughout the world. The Company operates through two segments: the Forged and Cast Engineered Products segment, and the Air and Liquid Processing segment. The Forged and Cast Engineered Products segment consists of Union Electric Steel Corporation (Union Electric Steel or UES) and Union Electric Steel UK Limited (UES-UK).
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