American Biltrite (OTCMKTS:ABLT) Posts Quarterly Earnings Results

American Biltrite (OTCMKTS:ABLT) released its quarterly earnings results on Tuesday. The company reported ($53.44) earnings per share (EPS) for the quarter, Zacks reports. American Biltrite had a negative net margin of 0.69% and a negative return on equity of 5.27%.

American Biltrite Stock Performance

Shares of ABLT remained flat at $90.00 during mid-day trading on Tuesday. The company has a market capitalization of $2.88 million, a PE ratio of -2.28 and a beta of 0.03. American Biltrite has a 1-year low of $78.50 and a 1-year high of $145.00. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.35 and a quick ratio of 0.58. The stock’s 50-day moving average price is $87.06 and its two-hundred day moving average price is $98.37.

About American Biltrite

American Biltrite Inc, together with its subsidiaries, provides tape, jewelry, flooring, and rubber products worldwide. The company produces and offers pressure sensitive tapes, films, and protective sheeting under the American Biltrite and Ideal brands, which are used in various markets, such as automotive and transportation; construction; shoe/footwear; graphic arts, print, and signage; and various other industrial and consumer applications.