A Director at Ampco-Pittsburgh Corp (AP) is Buying Shares


Today, a Director at Ampco-Pittsburgh Corp (AP), Michael German, bought shares of AP for $12.78K.

Following this transaction Michael German’s holding in the company was increased by 13.47% to a total of $113.2K. In addition to Michael German, 6 other AP executives reported Buy trades in the last month.

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Based on Ampco-Pittsburgh Corp’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $112 million and GAAP net loss of $7.04 million. In comparison, last year the company earned revenue of $104 million and had a GAAP net loss of $2.2 million. Currently, Ampco-Pittsburgh Corp has an average volume of 7,414.

The insider sentiment on Ampco-Pittsburgh Corp has been positive according to 74 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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Ampco-Pittsburgh Corp. engages in the manufacture and sale of custom designed engineering products. It operates through Forged and Cast Engineered Products, and Air and Liquid Processing segment.

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