Ampco-Pittsburgh Corporation (AP) Plunges 7.37% on March 14

Ampco-Pittsburgh Corporation (AP) Plunges 7.37% on March 14

Ampco-Pittsburgh Corporation (AP) had a rough trading day for Thursday March 14 as shares tumbled 7.37%, or a loss of $-0.3 per share, to close at $3.77. After opening the day at $4.00, shares of Ampco-Pittsburgh Corporation traded as high as $4.00 and as low as $3.59. Volume was 46,030 shares over 294 trades, against an average daily volume of 64,359 shares and a total float of 12.49 million.

As a result of the decline, Ampco-Pittsburgh Corporation now has a market cap of $47.11 million. In the last year, shares of Ampco-Pittsburgh Corporation have traded between a range of $11.35 and $2.79, and its 50-day SMA is currently $3.84 and 200-day SMA is $6.27.

Ampco-Pittsburgh Corp is a US-based company operating principally through two segments Forged and Cast Rolls, and Air and Liquid Processing. The company through its subsidiaries involves in producing forged hardened steel rolls to produce steel, aluminum, and other metals. It also produces ingot and forged products that service a range of industries across the world and cast rolls for hot and cold strip mills, medium/heavy section mills and plate mills in a range of iron and steel qualities. It generates most of its revenues from the Forged and Cast Engineered Products.

Ampco-Pittsburgh Corporation is based out of Carnegie, PA and has some 1,943 employees.

error: Content is protected !!