American Biltrite (OTCMKTS:ABLT) Stock Price Down 14.3% – Time to Sell?

Shares of American Biltrite Inc. (OTCMKTS:ABLT) fell 14.3% during trading on Friday . The company traded as low as $77.10 and last traded at $77.10. 50 shares were traded during mid-day trading, a decline of 51% from the average session volume of 103 shares. The stock had previously closed at $90.00.

American Biltrite Price Performance

The company has a current ratio of 1.35, a quick ratio of 0.58 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of $2.47 million, a P/E ratio of -1.95 and a beta of 0.03. The company has a fifty day simple moving average of $85.54 and a two-hundred day simple moving average of $92.94.

American Biltrite (OTCMKTS:ABLT) last announced its quarterly earnings data on Tuesday, April 15th. The company reported ($53.44) earnings per share for the quarter. The business had revenue of $46.91 million during the quarter. American Biltrite had a negative net margin of 0.69% and a negative return on equity of 5.27%.

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.