American Biltrite (OTCMKTS:ABLT) Posts Quarterly Earnings Results

American Biltrite (OTCMKTS:ABLT) issued its quarterly earnings results on Friday. The company reported ($38.94) earnings per share (EPS) for the quarter, Zacks reports. American Biltrite had a negative net margin of 3.66% and a negative return on equity of 28.92%.

American Biltrite Price Performance

Shares of OTCMKTS ABLT remained flat at $78.00 during trading hours on Friday. The business’s 50 day simple moving average is $75.65 and its 200-day simple moving average is $78.31. The firm has a market cap of $2.50 million, a PE ratio of -0.38 and a beta of -0.12. American Biltrite has a twelve month low of $70.05 and a twelve month high of $140.00. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.52 and a current ratio of 1.19.

American Biltrite Company Profile

American Biltrite Inc, together with its subsidiaries, provides tape, jewelry, flooring, and rubber products worldwide. The company produces and offers pressure sensitive tapes, films, and protective sheeting under the American Biltrite and Ideal brands, which are used in various markets, such as automotive and transportation; construction; shoe/footwear; graphic arts, print, and signage; and various other industrial and consumer applications.