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

StockNews.com began coverage on shares of Alpha Pro Tech (NYSE:APT) in a research note issued to investors on Friday. The firm issued a buy rating on the stock.

Alpha Pro Tech Trading Down 3.1 %

NYSE:APT opened at $5.02 on Friday. Alpha Pro Tech has a 12 month low of $4.64 and a 12 month high of $6.92. The company has a 50-day moving average price of $5.29 and a 200-day moving average price of $5.44. The stock has a market cap of $54.58 million, a price-to-earnings ratio of 13.57 and a beta of 0.64.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Alpha Pro Tech stock. Needham Investment Management LLC boosted its holdings in shares of Alpha Pro Tech, Ltd. (NYSE:APT) by 0.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 612,500 shares of the company’s stock after acquiring an additional 2,500 shares during the period. Needham Investment Management LLC owned 5.57% of Alpha Pro Tech worth $3,240,000 at the end of the most recent reporting period. 22.69% of the stock is currently owned by institutional investors.

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.