Alpha Pro Tech, Ltd. (NYSE:APT) is set to announce its earnings results on Tuesday, August 1st.
Alpha Pro Tech, Ltd. (NYSE:APT) opened at 3.35 on Tuesday. Alpha Pro Tech, Ltd. has a 52 week low of $2.45 and a 52 week high of $3.80. The stock has a 50 day moving average price of $3.02 and a 200-day moving average price of $2.97. The stock has a market cap of $50.41 million and a P/E ratio of 16.92.
Alpha Pro Tech announced that its Board of Directors has initiated a stock buyback program on Thursday, June 22nd that authorizes the company to repurchase $2.00 million in outstanding shares. This repurchase authorization authorizes the company to buy up to 4.8% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s management believes its stock is undervalued.
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Alpha Pro Tech Company Profile
ALPHA PRO TECH, LTD. (Alpha Pro Tech) is in the business of protecting people, products and environments. The Company is engaged in developing, manufacturing and marketing a line of disposable protective apparel and infection control products for the cleanroom, industrial, pharmaceutical, medical and dental markets through its subsidiary, Alpha Pro Tech, Inc Its products are grouped into three segments: Building Supply, which consists of construction weatherization products, such as housewrap and synthetic roof underlayment, as well as other woven material; Disposable Protective Apparel, which consists of disposable protective apparel, such as shoecovers, bouffant caps, gowns, coveralls, lab coats, frocks and other miscellaneous products, and Infection Control, which consists of face masks and eye shields.
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