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

Media coverage about Ampco-Pittsburgh (NYSE:AP) has trended somewhat positive on Friday, Accern reports. The research group scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ampco-Pittsburgh earned a coverage optimism score of 0.06 on Accern’s scale. Accern also assigned news coverage about the industrial products company an impact score of 44.5029690588541 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Several analysts recently commented on AP shares. ValuEngine cut shares of Ampco-Pittsburgh from a “hold” rating to a “sell” rating in a report on Saturday, February 3rd. Zacks Investment Research upgraded shares of Ampco-Pittsburgh from a “sell” rating to a “hold” rating in a report on Friday, February 16th. Two research analysts have rated the stock with a sell rating and two have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $22.00.

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NYSE AP traded down $0.05 during trading on Friday, reaching $10.35. The company’s stock had a trading volume of 41,447 shares, compared to its average volume of 37,365. The company has a quick ratio of 0.92, a current ratio of 1.66 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $124.23, a PE ratio of -12.18 and a beta of 1.85. Ampco-Pittsburgh has a 1-year low of $8.49 and a 1-year high of $18.59.



In other Ampco-Pittsburgh news, major shareholder Louis Berkman Investment Co sold 4,716 shares of Ampco-Pittsburgh stock in a transaction that occurred on Monday, April 9th. The shares were sold at an average price of $11.00, for a total value of $51,876.00. Following the completion of the sale, the insider now directly owns 1,313,329 shares in the company, valued at $14,446,619. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold 91,276 shares of company stock valued at $1,031,759 over the last quarter. Corporate insiders own 29.90% of the company’s stock.

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Ampco-Pittsburgh Company Profile

Ampco-Pittsburgh Corporation, together with its subsidiaries, manufactures and sells custom designed engineering products to commercial and industrial users worldwide. The company operates in two segments, Forged and Cast Engineered Products; and Air and Liquid Processing. The Forged and Cast Engineered Products segment produces forged hardened steel rolls that are used in cold rolling by producers of steel, aluminum, and other metals; ingot and open-die forged products for use in the oil and gas, and the aluminum and plastic extrusion industries; and cast rolls for hot and cold strip mills, medium/heavy section mills, hot strip finishing, roughing mills, and plate mills in various iron and steel qualities.

Insider Buying and Selling by Quarter for Ampco-Pittsburgh (NYSE:AP)

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