Alpha Pro Tech (NYSE:APT) Trading 1.8% Higher

Alpha Pro Tech, Ltd. (NYSE:APT)’s share price shot up 1.8% during trading on Wednesday . The company traded as high as $4.65 and last traded at $4.56. 48,311 shares were traded during mid-day trading, an increase of 29% from the average session volume of 37,437 shares. The stock had previously closed at $4.48.

Analyst Ratings Changes

Separately, StockNews.com upgraded Alpha Pro Tech from a “buy” rating to a “strong-buy” rating in a research note on Friday, November 10th.

Alpha Pro Tech Stock Up 2.9 %

The business’s fifty day moving average is $4.18 and its two-hundred day moving average is $4.07. The firm has a market cap of $53.82 million, a price-to-earnings ratio of 14.19 and a beta of -0.77.

Alpha Pro Tech (NYSE:APT) last announced its quarterly earnings data on Tuesday, November 7th. The company reported $0.12 EPS for the quarter. The firm had revenue of $16.05 million during the quarter. Alpha Pro Tech had a return on equity of 6.05% and a net margin of 6.34%.

Insider Activity at Alpha Pro Tech

In other news, Director James Buchan sold 10,000 shares of the business’s stock in a transaction dated Friday, September 8th. The stock was sold at an average price of $4.46, for a total transaction of $44,600.00. Following the completion of the transaction, the director now directly owns 6,013 shares in the company, valued at approximately $26,817.98. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 13.60% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Alpha Pro Tech

Institutional investors and hedge funds have recently made changes to their positions in the company. Renaissance Technologies LLC increased its holdings in shares of Alpha Pro Tech by 6.4% in the first quarter. Renaissance Technologies LLC now owns 650,063 shares of the company’s stock worth $2,730,000 after acquiring an additional 38,900 shares in the last quarter. Vanguard Group Inc. raised its position in Alpha Pro Tech by 10.1% in the 1st quarter. Vanguard Group Inc. now owns 579,446 shares of the company’s stock valued at $2,434,000 after buying an additional 53,003 shares during the last quarter. State Street Corp boosted its position in Alpha Pro Tech by 7.5% during the 1st quarter. State Street Corp now owns 50,028 shares of the company’s stock worth $210,000 after acquiring an additional 3,487 shares during the last quarter. Acadian Asset Management LLC lifted its position in Alpha Pro Tech by 154.4% during the 1st quarter. Acadian Asset Management LLC now owns 35,319 shares of the company’s stock worth $146,000 after buying an additional 21,435 shares in the last quarter. Finally, PDT Partners LLC lifted its holdings in Alpha Pro Tech by 48.7% during the 2nd quarter. PDT Partners LLC now owns 20,918 shares of the company’s stock valued at $93,000 after purchasing an additional 6,850 shares during the last quarter. Institutional investors and hedge funds own 20.22% 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 two segments, Disposable Protective Apparel and Building Supply.