Alpha Pro Tech (NYSE:APT) Stock Price Up 0.8% – What’s Next?

Alpha Pro Tech, Ltd. (NYSE:APT) rose 0.8% on Thursday . The company traded as high as $5.45 and last traded at $5.29. Approximately 35,642 shares traded hands during mid-day trading, a decline of 41% from the average daily volume of 60,344 shares. The stock had previously closed at $5.25.

Alpha Pro Tech Trading Up 0.8%

The company’s 50-day moving average is $5.23 and its 200-day moving average is $5.17. The firm has a market cap of $53.99 million, a price-to-earnings ratio of 14.30 and a beta of 0.91.

Institutional Investors Weigh In On Alpha Pro Tech

Institutional investors and hedge funds have recently made changes to their positions in the business. NewEdge Advisors LLC bought a new stake in Alpha Pro Tech in the second quarter valued at $74,000. Jane Street Group LLC acquired a new stake in shares of Alpha Pro Tech in the 1st quarter valued at about $117,000. BlackRock Inc. bought a new stake in Alpha Pro Tech in the 2nd quarter valued at about $1,566,000. Renaissance Technologies LLC raised its stake in Alpha Pro Tech by 4.0% during the 1st quarter. Renaissance Technologies LLC now owns 544,072 shares of the company’s stock worth $2,416,000 after buying an additional 21,100 shares during the period. Finally, Needham Investment Management LLC grew its stake in Alpha Pro Tech by 1.2% in the fourth quarter. Needham Investment Management LLC now owns 642,500 shares of the company’s stock valued at $2,853,000 after acquiring an additional 7,500 shares during the period. Institutional investors own 22.69% of the company’s stock.

Alpha Pro Tech Company Profile

Alpha Pro Tech Ltd is a Canada?based specialty manufacturer of engineered polymer products that serve construction and healthcare markets. Through its two operating segments, the company develops, produces and markets synthetic materials used in residential and commercial construction as well as personal protective equipment and respiratory protection for industrial and medical applications.

In its Building Products segment, Alpha Pro Tech offers synthetic roofing underlayment, housewrap and related weatherproofing accessories designed to enhance moisture and air control in roof and wall assemblies.