Ampco-Pittsburgh Corporation (AP) Earning Somewhat Favorable Media Coverage, Accern Reports

News articles about Ampco-Pittsburgh Corporation (NYSE:AP) have trended somewhat positive this week, Accern reports. The research group rates the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ampco-Pittsburgh Corporation earned a daily sentiment score of 0.15 on Accern’s scale. Accern also gave media coverage about the industrial products company an impact score of 31 out of 100, indicating that recent news coverage is unlikely to have an impact on the company’s share price in the near future.

A number of brokerages have recently issued reports on AP. Zacks Investment Research lowered Ampco-Pittsburgh Corporation from a “hold” rating to a “sell” rating in a research note on Tuesday, May 16th. ValuEngine raised Ampco-Pittsburgh Corporation from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 20th.

Shares of Ampco-Pittsburgh Corporation (AP) opened at 14.55 on Monday. The stock has a 50 day moving average price of $15.26 and a 200-day moving average price of $15.16. The firm’s market capitalization is $178.53 million. Ampco-Pittsburgh Corporation has a 52 week low of $9.34 and a 52 week high of $18.25.

Ampco-Pittsburgh Corporation (NYSE:AP) last released its quarterly earnings data on Tuesday, May 9th. The industrial products company reported ($0.39) earnings per share for the quarter, missing the consensus estimate of ($0.06) by $0.33. Ampco-Pittsburgh Corporation had a negative net margin of 20.83% and a negative return on equity of 24.28%. The firm had revenue of $103.52 million during the quarter, compared to analysts’ expectations of $106 million. On average, analysts anticipate that Ampco-Pittsburgh Corporation will post ($0.47) EPS for the current year.

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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).

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

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