InvestorsObserver is giving Alpha Pro Tech, Ltd. (APT) an Analyst Rating Rank of 80, meaning APT is ranked higher by analysts than 80% of stocks. The average projection by analysts for APT is $32.5 over the next 12 months and analyst’s classify the stock as a Strong Buy
Why are Analyst Ratings Important?
Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers.
InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.
What's Happening With Alpha Pro Tech, Ltd. Stock Today?
Alpha Pro Tech, Ltd. (APT) stock is higher by 7.69% while the S&P 500 is lower by -0.06% as of 10:40 AM on Monday, Oct 19. APT is up $1.12 from the previous closing price of $14.57 on volume of 445,841 shares. Over the past year the S&P 500 has gained 15.79% while APT is up 327.52%. APT earned $0.91 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 17.31.
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