StockNews.com cut shares of Alpha Pro Tech (NYSE:APT – Free Report) from a strong-buy rating to a buy rating in a research report released on Tuesday.
Alpha Pro Tech Stock Down 0.2 %
NYSE:APT opened at $5.07 on Tuesday. The company has a market cap of $59.27 million, a P/E ratio of 14.08 and a beta of -0.67. Alpha Pro Tech has a twelve month low of $3.68 and a twelve month high of $6.92. The business has a 50 day moving average price of $5.92 and a two-hundred day moving average price of $5.43.
Alpha Pro Tech (NYSE:APT – Get Free Report) last released its earnings results on Wednesday, May 8th. The company reported $0.05 earnings per share for the quarter. Alpha Pro Tech had a net margin of 6.92% and a return on equity of 6.86%. The business had revenue of $13.48 million during the quarter.
Insider Transactions at Alpha Pro Tech
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Ritholtz Wealth Management bought a new stake in shares of Alpha Pro Tech in the fourth quarter valued at about $69,000. Acadian Asset Management LLC boosted its holdings in Alpha Pro Tech by 893.0% in the 1st quarter. Acadian Asset Management LLC now owns 120,296 shares of the company’s stock valued at $750,000 after purchasing an additional 108,181 shares during the period. Hillsdale Investment Management Inc. bought a new position in shares of Alpha Pro Tech during the first quarter worth approximately $91,000. Finally, O Shaughnessy Asset Management LLC increased its holdings in shares of Alpha Pro Tech by 226.4% during the first quarter. O Shaughnessy Asset Management LLC now owns 90,015 shares of the company’s stock worth $562,000 after purchasing an additional 62,437 shares during the period. Institutional investors and hedge funds own 22.69% of the company’s stock.
About Alpha Pro Tech
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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