Prepare Yourself for Liftoff: Ampco-Pittsburgh Corp. (AP)

With 36.3 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.14 million shares. During the session, the Metal Fabrication company that operates in wider Industrials sector, reached to the highest price of $1.37 whereas the lowest price it dropped to was $1.03. The 52-week range on AP shows that it touched its highest point at $4.00 and its lowest point at $0.74 during that stretch. It currently has a 1-year price target of $5.00. Beta for the stock currently stands at 0.84.

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Price Performance and Earnings:

Three-month performance dropped to -46.75% while six-month performance fell -54.61%. The stock lost -61.56% in the past year, while it has lost -54.95% so far this year.

Float and Shares Shorts:

At present, 19.73 million AP shares are outstanding with a float of 14.42 million shares on hand for trading. On 2024-06-14, short shares totaled 0.55 million, which was 279.0 higher than short shares on 1715731200. In addition to Mr. J. Brett McBrayer as the firm’s CEO & Director, Mr. Michael G. McAuley serves as its Senior VP, CFO & Treasurer.

Institutional Ownership:

Through their ownership of 0.45942003 of AP’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, AP reported revenue of $110215000.0 and operating income of $1261000.0. The EBITDA in the recently reported quarter was $5926000.0 and diluted EPS was -$0.14.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AP since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.