American Biltrite (OTCMKTS:ABLT) Releases Earnings Results

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

American Biltrite Stock Performance

Shares of OTCMKTS ABLT remained flat at $90.00 during midday trading on Tuesday. American Biltrite has a 52 week low of $78.50 and a 52 week high of $145.00. The company has a quick ratio of 0.58, a current ratio of 1.35 and a debt-to-equity ratio of 0.09. The business’s 50-day simple moving average is $87.06 and its 200-day simple moving average is $98.37. The company has a market cap of $2.88 million, a price-to-earnings ratio of -2.28 and a beta of 0.03.

American Biltrite Company Profile

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.