Alpha Pro Tech (NYSE:APT) Coverage Initiated by Analysts at StockNews.com

StockNews.com started coverage on shares of Alpha Pro Tech (NYSE:APT) in a research note issued to investors on Sunday. The firm issued a buy rating on the stock.

Alpha Pro Tech Stock Performance

APT stock opened at $4.29 on Friday. The company has a market capitalization of $46.65 million, a P/E ratio of 11.59 and a beta of 0.33. Alpha Pro Tech has a 52-week low of $4.06 and a 52-week high of $6.44. The business has a 50-day simple moving average of $5.02 and a two-hundred day simple moving average of $5.33.

Institutional Trading of Alpha Pro Tech

An institutional investor recently raised its position in Alpha Pro Tech stock. Needham Investment Management LLC lifted its position in shares of Alpha Pro Tech, Ltd. (NYSE:APT) by 0.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 612,500 shares of the company’s stock after purchasing an additional 2,500 shares during the period. Needham Investment Management LLC owned 5.57% of Alpha Pro Tech worth $3,240,000 at the end of the most recent quarter. Institutional investors own 22.69% of the company’s stock.

Alpha Pro Tech Company Profile

Alpha Pro Tech, Ltd., together with its subsidiaries, develops, manufactures, and markets a range of disposable protective apparel, infection control, and building supply products in the United States and internationally. The company operates through Disposable Protective Apparel and Building Supply segments.