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

StockNews.com began coverage on shares of Alpha Pro Tech (NYSE:APT) in a research report report published on Sunday. The brokerage issued a buy rating on the stock.

Alpha Pro Tech Stock Performance

NYSE APT opened at $5.36 on Friday. Alpha Pro Tech has a fifty-two week low of $4.64 and a fifty-two week high of $6.92. The stock has a market cap of $58.95 million, a P/E ratio of 14.49 and a beta of -0.64. The stock has a 50 day simple moving average of $5.40 and a two-hundred day simple moving average of $5.57.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Alpha Pro Tech stock. Inspire Advisors LLC purchased a new stake in shares of Alpha Pro Tech, Ltd. (NYSE:APT) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 57,273 shares of the company’s stock, valued at approximately $326,000. Inspire Advisors LLC owned 0.49% of Alpha Pro Tech at the end of the most recent reporting period. Institutional investors and hedge funds 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.