The stock has a 36-month beta value of 0.69. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for AP is 14.61M, and at present, short sellers hold a 3.70% of that float. On March 27, 2024, the average trading volume of AP was 35.72K shares.
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AP) stock’s latest price update
Ampco-Pittsburgh Corp. (NYSE: AP) has experienced a decline in its stock price by -20.29 compared to its previous closing price of 2.76. However, the company has seen a fall of -9.84% in its stock price over the last five trading days. Seeking Alpha reported 2024-03-26 that Ampco-Pittsburgh Corporation (AP) Q4 2023 Earnings Call Transcript
AP’s Market Performance
AP’s stock has fallen by -9.84% in the past week, with a monthly drop of -12.35% and a quarterly drop of -16.35%. The volatility ratio for the week is 9.50% while the volatility levels for the last 30 days are 5.88% for Ampco-Pittsburgh Corp. The simple moving average for the past 20 days is -12.59% for AP’s stock, with a -22.94% simple moving average for the past 200 days.
AP Trading at -12.21% from the 50-Day Moving Average
After a stumble in the market that brought AP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -45.00% of loss for the given period.
Volatility was left at 5.88%, however, over the last 30 days, the volatility rate increased by 9.50%, as shares sank -14.73% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -14.06% lower at present.
During the last 5 trading sessions, AP fell by -9.84%, which changed the moving average for the period of 200-days by -32.31% in comparison to the 20-day moving average, which settled at $2.50. In addition, Ampco-Pittsburgh Corp. saw -19.41% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AP starting from McNair Darrell L, who purchase 3,000 shares at the price of $3.12 back on Sep 13 ’23. After this action, McNair Darrell L now owns 6,640 shares of Ampco-Pittsburgh Corp., valued at $9,360 using the latest closing price.
DiSanto Frederick D., the Director of Ampco-Pittsburgh Corp., purchase 7,399 shares at $2.99 during a trade that took place back on Jun 29 ’23, which means that DiSanto Frederick D. is holding 47,177 shares at $22,123 based on the most recent closing price.
Stock Fundamentals for AP
Current profitability levels for the company are sitting at:
- 0.02 for the present operating margin
- 0.18 for the gross margin
The net margin for Ampco-Pittsburgh Corp. stands at 0.01. The total capital return value is set at 0.03. Equity return is now at value -48.32, with -7.47 for asset returns.
Based on Ampco-Pittsburgh Corp. (AP), the company’s capital structure generated 0.56 points at debt to capital in total, while cash flow to debt ratio is standing at -0.13. The debt to equity ratio resting at 1.27. The interest coverage ratio of the stock is 1.16.
Currently, EBITDA for the company is 299.66 million with net debt to EBITDA at 4.26. When we switch over and look at the enterprise to sales, we see a ratio of 0.42. The receivables turnover for the company is 4.15for trailing twelve months and the total asset turnover is 0.81. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.02.
Conclusion
To sum up, Ampco-Pittsburgh Corp. (AP) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
