Somewhat Positive Press Coverage Somewhat Unlikely to Affect Ampco-Pittsburgh Corporation (AP) Stock Price
Headlines about Ampco-Pittsburgh Corporation (NYSE:AP) have been trending somewhat positive on Sunday, according to Accern Sentiment. The research group identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Ampco-Pittsburgh Corporation earned a media sentiment score of 0.06 on Accern’s scale. Accern also gave headlines about the industrial products company an impact score of 44.7123517581149 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
A number of equities analysts recently weighed in on the company. ValuEngine upgraded Ampco-Pittsburgh Corporation from a “sell” rating to a “hold” rating in a research report on Friday, September 1st. Janney Montgomery Scott upgraded Ampco-Pittsburgh Corporation from a “neutral” rating to a “buy” rating and increased their price target for the company from $16.00 to $22.00 in a research report on Wednesday, August 9th. Zacks Investment Research lowered Ampco-Pittsburgh Corporation from a “hold” rating to a “sell” rating in a research report on Thursday, November 9th. Finally, Desjardins reiterated a “buy” rating on shares of Ampco-Pittsburgh Corporation in a research report on Thursday, August 17th. Two equities 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 a consensus price target of $22.00.
Ampco-Pittsburgh Corporation (NYSE:AP) remained flat at $$13.55 during trading hours on Friday. 11,149 shares of the company’s stock traded hands, compared to its average volume of 22,044. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.68 and a quick ratio of 0.98. Ampco-Pittsburgh Corporation has a 12 month low of $12.40 and a 12 month high of $18.59.
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).
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