(AP) Ampco-Pittsburgh - Ratings and Ratios

Ampco-Pittsburgh Corporation is a diversified industrial company that designs, manufactures, and supplies high-value-added metal products and customized equipment to a broad range of industries worldwide. The companys product portfolio includes forged and cast engineered products, such as rolls and shafts, used in metal production, as well as custom-engineered heat exchange coils and air handling systems for various industrial applications.

The companys operations are organized into two main segments: Forged and Cast Engineered Products (FCEP) and Air and Liquid Processing (ALP). FCEP produces high-quality forged and cast products, including hardened steel rolls and engineered products, that are used in the production of steel, aluminum, and other metals. ALP, on the other hand, designs and manufactures custom-engineered heat exchange coils, air handling systems, and centrifugal pumps for a range of industries, including power generation, industrial manufacturing, and defense.

With a history dating back to 1929, Ampco-Pittsburgh Corporation has established itself as a reliable supplier of high-value-added products to its customers. The companys commitment to quality, innovation, and customer satisfaction has enabled it to maintain a strong presence in its target markets. Its products are designed to meet the specific needs of its customers, and its manufacturing processes are geared towards delivering high-quality products with precise specifications.

Analyzing the companys , we can see that the stock has been trending upwards, with a current price of $3.14, which is also its 52-week high. The stocks SMA20, SMA50, and SMA200 are $2.27, $2.14, and $2.02, respectively, indicating a strong upward trend. The ATR of 0.20 represents a 6.29% volatility, which is relatively moderate. Considering the , the companys Market Cap is $55.06M, with a P/E ratio of 10.15 and a Forward P/E of 29.41. The RoE is 7.08%, indicating a relatively stable return on equity.

Based on the and , our forecast suggests that Ampco-Pittsburgh Corporation is poised for continued growth, driven by its strong product portfolio and diversified customer base. The companys upward trend is expected to continue, with potential targets above $3.50. However, investors should be cautious of the moderate volatility and potential risks associated with the companys operations in the industrial sector. A buy signal is generated, but investors should set a stop-loss around $2.80 to limit potential losses.