Alpha Pro Tech’s (APT) forecast may surprise investors
What’s up with Alpha Pro Tech?
Alpha Pro Tech (APT) opened at $12.72, which means the stock is up 7.64% from yesterday’s closing price of 12.57. Today, the company has a high of $13.74 and a low of $12.31. The company has a market cap of $183.62 million with a 52-week high of $41.59 and a 52-week low of $3.20.
What about the future for Alpha Pro Tech?
The high forecast for Alpha Pro Tech is 6.00 while the low is 2.00. Stock forecasts are based on human experience: Human traders based on their experience in terms of stock price patterns, volume changes, and market news/rumors regarding a particular stock. Alpha Pro Tech has a weak forecast. A weak forecast is due to the company posting consistent losses in their earning reports. The future outlook does not seem too bright as this could potentially cause the company to file for bankruptcy.. Based on this information APT seems to be a risky buy.
About Alpha Pro Tech
Alpha Pro Tech Ltd. is engaged in the business of protecting people, products and environment. It develops, manufactures and markets disposable and limited use protective apparel products for the industries, clean room, medical and dental markets. The company operates through the followings segments: Disposable Protective Apparel segment and Building Supply segment. The Disposable Protective Apparel segment includes many different styles of disposable products, such as shoe covers, bouffant caps, gowns, coveralls, lab coats, frocks and other miscellaneous products. The Building Supply segment consists of a line of construction supply weatherization products, namely house wrap and synthetic roof underlayment. Alpha Pro Tech was founded in 1983 and is headquartered in Markham, Canada.