Ansteel Pittsburgh (AP, Financial) experienced a notable 5% surge in its stock price. The current trading price stands at $1.79 per share, with a trading volume of 16,270 shares and a turnover rate of 0.08%. The stock exhibited a volatility amplitude of 3.00%.
The company's recent financial report showed a revenue of $111 million, a net profit of $2.01 million, earnings per share of $0.10, and a gross profit of $18.33 million. The price-to-earnings ratio is currently at -0.83, indicating a challenging earnings environment. No institutional ratings are presently available for this stock as buy, hold, or sell recommendations.
In the broader metal products industry, the overall growth stands at 0.39%. Comparatively, Ansteel Pittsburgh, alongside companies like Tungray Technologies Inc and Ryerson Holding Corporation, shows significant increases. Meanwhile, Allegheny Technologies, Composecure, Inc., and Carpenter Technology have been more active, with respective turnover rates of 0.41%, 0.36%, and 0.33%. Stocks with the highest volatility include Tungray Technologies Inc, Gulf Island Fabrication, and Safe & Green Holdings Corp, with amplitudes of 7.72%, 7.69%, and 5.26% respectively.
Ansteel Pittsburgh, based in the U.S., specializes in manufacturing and sales of engineered specialty metal products and custom equipment. It operates through two main segments: Forged and Cast Engineered Products, producing items like hardened steel rolls, and Air and Liquid Processing, which includes divisions such as Aerofin and Buffalo Air Handling. Most of its revenue originates from the Forged and Cast Engineered Products segment, with operations both in the U.S. and internationally.
