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 issued on Friday morning. The firm issued a buy rating on the stock.

Alpha Pro Tech Trading Up 1.8 %

Shares of NYSE:APT opened at $5.77 on Friday. The stock has a 50 day moving average of $5.37 and a 200 day moving average of $5.63. The company has a market cap of $63.46 million, a PE ratio of 15.59 and a beta of -0.71. Alpha Pro Tech has a 12-month low of $4.64 and a 12-month high of $6.92.

Institutional Trading of Alpha Pro Tech

Institutional investors and hedge funds have recently modified their holdings of the company. Renaissance Technologies LLC increased its stake in Alpha Pro Tech by 1.3% in 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. Needham Investment Management LLC boosted its stake in shares of Alpha Pro Tech by 1.2% in the third quarter. Needham Investment Management LLC now owns 610,000 shares of the company’s stock worth $3,477,000 after acquiring an additional 7,500 shares during the period. Acadian Asset Management LLC grew its position in shares of Alpha Pro Tech by 32.9% during 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. Dimensional Fund Advisors LP raised its stake in Alpha Pro Tech by 37.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 125,018 shares of the company’s stock valued at $688,000 after purchasing an additional 33,782 shares during the period. Finally, Inspire Advisors LLC purchased a new position in Alpha Pro Tech in the 3rd quarter worth approximately $326,000. 22.69% of the stock is currently owned by institutional investors.

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.