Media stories about Alpha Pro Tech (NYSE:APT) have trended somewhat negative on Tuesday, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by monitoring more than 20 million blog and news 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. Alpha Pro Tech earned a news sentiment score of -0.16 on Accern’s scale. Accern also gave media headlines about the company an impact score of 0 out of 100, indicating that recent news coverage is extremely unlikely to have an impact on the stock’s share price in the next several days.

Shares of Alpha Pro Tech (NYSE:APT) traded up 2.94% on Tuesday, hitting $3.50. The stock had a trading volume of 14,110 shares. The firm has a 50 day moving average price of $3.19 and a 200 day moving average price of $3.00. Alpha Pro Tech has a one year low of $2.55 and a one year high of $3.80. The company has a market capitalization of $52.67 million and a P/E ratio of 17.68.

Alpha Pro Tech announced that its Board of Directors has approved a stock buyback program on Thursday, June 22nd that allows the company to buyback $2.00 million in outstanding shares. This buyback authorization allows the company to buy up to 4.8% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s management believes its stock is undervalued.

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About Alpha Pro Tech

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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