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

StockNews.com began coverage on shares of Alpha Pro Tech (NYSE:APT) in a report released on Thursday. The firm issued a buy rating on the stock.

Alpha Pro Tech Price Performance

Shares of APT stock opened at $5.66 on Thursday. The stock has a market capitalization of $62.25 million, a PE ratio of 15.30 and a beta of -0.73. The business’s 50 day simple moving average is $5.35 and its 200 day simple moving average is $5.61. Alpha Pro Tech has a one year low of $4.64 and a one year high of $6.92.

Institutional Trading of Alpha Pro Tech

A number of large investors have recently bought and sold shares of the business. Inspire Advisors LLC acquired a new position in shares of Alpha Pro Tech in the 3rd quarter valued at about $326,000. Dimensional Fund Advisors LP increased its holdings in Alpha Pro Tech by 37.0% in the second quarter. Dimensional Fund Advisors LP now owns 125,018 shares of the company’s stock worth $688,000 after purchasing an additional 33,782 shares in the last quarter. Acadian Asset Management LLC increased its holdings in Alpha Pro Tech by 32.9% in the second quarter. Acadian Asset Management LLC now owns 159,825 shares of the company’s stock worth $877,000 after purchasing an additional 39,529 shares in the last quarter. Needham Investment Management LLC lifted its stake in Alpha Pro Tech by 1.2% in the third quarter. Needham Investment Management LLC now owns 610,000 shares of the company’s stock valued at $3,477,000 after buying an additional 7,500 shares during the period. Finally, Renaissance Technologies LLC boosted its holdings in shares of Alpha Pro Tech by 1.3% during the 2nd quarter. Renaissance Technologies LLC now owns 632,375 shares of the company’s stock worth $3,478,000 after buying an additional 8,316 shares in the last quarter. 22.69% of the stock is currently owned by institutional investors and hedge funds.

About Alpha Pro Tech

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.