The stock of Alpha Pro Tech Ltd. (AMEX: APT) has decreased by -9.04 when compared to last closing price of 5.75.Despite this, the company has seen a loss of -13.70% in its stock price over the last five trading days. Seeking Alpha reported 2023-06-16 that Alpha Pro Tech is financially secure for the long term, due to accumulating large cash balances as a result of high demand for its products during the COVID pandemic. However, as well as falling demand for COVID related products, its Building Supply segment is now under pressure due a reduction in new building starts that is forecast to worsen. After due consideration, the previous Buy recommendation is now downgraded to Hold.
Is It Worth Investing in Alpha Pro Tech Ltd. (AMEX: APT) Right Now?
The price-to-earnings ratio for Alpha Pro Tech Ltd. (AMEX: APT) is above average at 14.57x, Company’s 36-month beta value is -0.72.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for APT is 9.84M, and currently, short sellers hold a 1.22% ratio of that floaft. The average trading volume of APT on May 10, 2024 was 62.94K shares.
APT’s Market Performance
The stock of Alpha Pro Tech Ltd. (APT) has seen a -13.70% decrease in the past week, with a -16.85% drop in the past month, and a 4.60% gain in the past quarter. The volatility ratio for the week is 5.32%, and the volatility levels for the past 30 days are at 4.88% for APT. The simple moving average for the last 20 days is -13.46% for APT’s stock, with a simple moving average of 4.70% for the last 200 days.
Analysts’ Opinion of APT
Many brokerage firms have already submitted their reports for APT stocks, with Dougherty & Company repeating the rating for APT by listing it as a “Neutral.” The predicted price for APT in the upcoming period, according to Dougherty & Company is $2.50 based on the research report published on March 30, 2010 of the previous year 2010.
Dougherty & Company, on the other hand, stated in their research note that they expect to see APT reach a price target of $10. The rating they have provided for APT stocks is “Buy” according to the report published on October 16th, 2009.
APT Trading at -14.24% from the 50-Day Moving Average
After a stumble in the market that brought APT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -24.42% of loss for the given period.
Volatility was left at 4.88%, however, over the last 30 days, the volatility rate increased by 5.32%, as shares sank -16.32% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.43% lower at present.
During the last 5 trading sessions, APT fell by -13.70%, which changed the moving average for the period of 200-days by +34.10% in comparison to the 20-day moving average, which settled at $5.99. In addition, Alpha Pro Tech Ltd. saw -1.13% 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 APT starting from MCDONALD COLLEEN J, who sale 20,000 shares at the price of $6.16 back on Mar 21 ’24. After this action, MCDONALD COLLEEN J now owns 55,833 shares of Alpha Pro Tech Ltd., valued at $123,100 using the latest closing price.
RITOTA JOHN, the Director of Alpha Pro Tech Ltd., sale 819 shares at $5.94 during a trade that took place back on Mar 21 ’24, which means that RITOTA JOHN is holding 54,463 shares at $4,865 based on the most recent closing price.
Stock Fundamentals for APT
Current profitability levels for the company are sitting at:
- 0.07 for the present operating margin
- 0.38 for the gross margin
The net margin for Alpha Pro Tech Ltd. stands at 0.07. The total capital return value is set at 0.06. Equity return is now at value 6.87, with 6.16 for asset returns.
Based on Alpha Pro Tech Ltd. (APT), the company’s capital structure generated 0.13 points at debt to capital in total, while cash flow to debt ratio is standing at 0.88. The debt to equity ratio resting at 0.15. The interest coverage ratio of the stock is 15.1.
Currently, EBITDA for the company is 5.06 million with net debt to EBITDA at -0.69. When we switch over and look at the enterprise to sales, we see a ratio of 0.86. The receivables turnover for the company is 9.48for trailing twelve months and the total asset turnover is 0.84. The liquidity ratio also appears to be rather interesting for investors as it stands at 25.37.
Conclusion
In a nutshell, Alpha Pro Tech Ltd. (APT) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
