Hillsdale Investment Management Inc. Invests $91,000 in Alpha Pro Tech, Ltd. (NYSE:APT)

Hillsdale Investment Management Inc. purchased a new stake in Alpha Pro Tech, Ltd. (NYSE:APT) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 14,646 shares of the company’s stock, valued at approximately $91,000. Hillsdale Investment Management Inc. owned 0.13% of Alpha Pro Tech as of its most recent filing with the Securities & Exchange Commission.

Separately, Acadian Asset Management LLC grew its stake in Alpha Pro Tech by 893.0% in the first quarter. Acadian Asset Management LLC now owns 120,296 shares of the company’s stock valued at $750,000 after acquiring an additional 108,181 shares during the period. Institutional investors own 22.69% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of Alpha Pro Tech from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 7th.

Alpha Pro Tech Trading Up 0.8 %

NYSE APT traded up $0.05 during trading hours on Monday, hitting $6.00. The company’s stock had a trading volume of 22,771 shares, compared to its average volume of 62,413. Alpha Pro Tech, Ltd. has a 52 week low of $3.82 and a 52 week high of $6.92. The company’s 50-day simple moving average is $5.32 and its two-hundred day simple moving average is $5.56. The company has a market capitalization of $70.14 million, a PE ratio of 16.67 and a beta of -0.72.

Alpha Pro Tech (NYSE:APT) last released its quarterly earnings results on Wednesday, May 8th. The company reported $0.05 earnings per share for the quarter. Alpha Pro Tech had a net margin of 6.92% and a return on equity of 6.86%. The company had revenue of $13.48 million for the quarter.

Alpha Pro Tech 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.