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Ampco-Pittsburgh Has Returned 46.2% Since SmarTrend Recommendation (AP)

By Nick Russo

SmarTrend identified a Downtrend for Ampco-Pittsburgh (NYSE:AP) on May 1st, 2018 at $9.43. In approximately 6 months, Ampco-Pittsburgh has returned 46.21% as of today's recent price of $5.07.

In the past 52 weeks, shares of Ampco-Pittsburgh have traded between a low of $3.55 and a high of $16.00 and are now at $5.07, which is 43% above that low price. The 200-day and 50-day moving averages have moved 2.3% lower and 4.07% lower over the past week, respectively.

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