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Ampco-Pittsburgh Down 25.2% Since SmarTrend Downtrend Call (AP)

By Shiri Gupta

SmarTrend identified a Downtrend for Ampco-Pittsburgh (NYSE:AP) on May 1st, 2018 at $9.43. In approximately 5 months, Ampco-Pittsburgh has returned 25.20% as of today's recent price of $7.05.

Ampco-Pittsburgh share prices have moved between a 52-week high of $18.59 and the current low of $6.30 and are currently at $7.05 per share. Over the past week, the 200-day moving average (MA) has gone down 1.3% while the 50-day MA has declined 2.8%.

Ampco-Pittsburgh Corporation manufactures engineered equipment. The Company produces finned tube heat exchange coils, large standard and custom air handling systems, centrifugal pumps, feed screws, hardened steel rolls, and heat transfer rolls. Ampco's products are used in the construction, power generation, refrigeration, chemical processing, marine defense, and steel industries.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Ampco-Pittsburgh.

Log in and add Ampco-Pittsburgh (AP) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights ampco-pittsburgh

Ticker(s): AP