Ampco-Pittsburgh Corp (NYSE:AP) major shareholder Louis Berkman Investment Co acquired 10,000 shares of Ampco-Pittsburgh stock in a transaction dated Tuesday, May 21st. The stock was purchased at an average price of $4.31 per share, with a total value of $43,100.00. Following the completion of the purchase, the insider now owns 1,307,017 shares of the company’s stock, valued at $5,633,243.27. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.
Shares of NYSE:AP traded up $0.02 during trading on Thursday, hitting $4.34. The stock had a trading volume of 1,195 shares, compared to its average volume of 61,323. Ampco-Pittsburgh Corp has a 12-month low of $2.79 and a 12-month high of $11.10. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.93 and a current ratio of 1.56.
Ampco-Pittsburgh (NYSE:AP) last announced its quarterly earnings data on Thursday, March 14th. The industrial products company reported ($0.73) earnings per share (EPS) for the quarter. The firm had revenue of $95.82 million during the quarter. Ampco-Pittsburgh had a negative return on equity of 17.80% and a negative net margin of 19.28%.
Ampco-Pittsburgh Corporation, together with its subsidiaries, manufactures and sells custom designed engineering products to commercial and industrial users in the United States and internationally. The company operates in two segments, Forged and Cast Engineered Products; and Air and Liquid Processing.
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