American Biltrite (OTCMKTS:ABLT) Issues Quarterly Earnings Results

American Biltrite (OTCMKTS:ABLT) issued its earnings results on Friday. The company reported ($38.94) earnings per share for the quarter, Zacks reports. American Biltrite had a negative return on equity of 28.92% and a negative net margin of 3.66%.The business had revenue of $42.94 million for the quarter.

American Biltrite Price Performance

ABLT opened at $78.00 on Friday. The company has a quick ratio of 0.52, a current ratio of 1.19 and a debt-to-equity ratio of 0.09. The company’s 50-day moving average price is $75.74 and its 200 day moving average price is $78.14. American Biltrite has a fifty-two week low of $70.05 and a fifty-two week high of $140.00. The firm has a market cap of $2.50 million, a price-to-earnings ratio of -0.38 and a beta of -0.12.

American Biltrite Company Profile

American Biltrite Inc, together with its subsidiaries, provides tape, jewelry, flooring, and rubber products worldwide. The company produces and offers pressure sensitive tapes, films, and protective sheeting under the American Biltrite and Ideal brands, which are used in various markets, such as automotive and transportation; construction; shoe/footwear; graphic arts, print, and signage; and various other industrial and consumer applications.