Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Ampco-Pittsburgh Corporation (AP) Stock Price

Media headlines about Ampco-Pittsburgh Corporation (NYSE:AP) have trended somewhat positive recently, according to Accern Sentiment. The research group scores the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ampco-Pittsburgh Corporation earned a news impact score of 0.13 on Accern’s scale. Accern also assigned press coverage about the industrial products company an impact score of 45.7907031136411 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

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These are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:

Canadian Real Estate Stocks under Review CT REIT Boardwalk REIT Allied Properties REIT and Dream Hard Asset Alternatives Trust (finance.yahoo.com)
Ampco Pittsburgh : Second Quarter Results Conference Call (4-traders.com)
UBS sees massive pent-up demand for the upcoming iPhone 8 (finance.yahoo.com)
Ampco-Pittsburgh Corporation (AP) Scheduled to Post Earnings on Tuesday (americanbankingnews.com)
Ampco-Pittsburgh Second Quarter Results Conference Call (finance.yahoo.com)

Ampco-Pittsburgh Corporation (NYSE AP) opened at 14.20 on Friday. The company’s market capitalization is $174.23 million. The company’s 50-day moving average price is $14.49 and its 200 day moving average price is $14.87. Ampco-Pittsburgh Corporation has a 52-week low of $9.34 and a 52-week high of $18.25.

Ampco-Pittsburgh Corporation (NYSE:AP) last announced its earnings results on Tuesday, May 9th. The industrial products company reported ($0.39) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by $0.33. The company had revenue of $103.52 million for the quarter, compared to the consensus estimate of $106 million. Ampco-Pittsburgh Corporation had a negative net margin of 20.83% and a negative return on equity of 24.28%. On average, equities analysts expect that Ampco-Pittsburgh Corporation will post ($0.47) EPS for the current fiscal year.

AP has been the topic of a number of research reports. ValuEngine raised Ampco-Pittsburgh Corporation from a “strong sell” rating to a “sell” rating in a report on Saturday, May 20th. Zacks Investment Research cut Ampco-Pittsburgh Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, May 10th.

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Ampco-Pittsburgh Corporation Company Profile

Ampco-Pittsburgh Corporation is engaged in manufacturing and selling specialty metal products and customized equipment utilized by industry throughout the world. The Company operates through two segments: the Forged and Cast Engineered Products segment, and the Air and Liquid Processing segment. The Forged and Cast Engineered Products segment consists of Union Electric Steel Corporation (Union Electric Steel or UES) and Union Electric Steel UK Limited (UES-UK).