Alpha Pro Tech, Ltd. Announces Third Quarter 2024 Financial Results
APT Stock | USD 5.41 0.03 0.56% |
Slightly above 54% of Alpha Pro's investor base is interested to short. The analysis of overall sentiment of trading Alpha Pro Tech stock suggests that many investors are impartial at this time. Alpha Pro's investing sentiment can be driven by a variety of factors including economic data, Alpha Pro's earnings reports, geopolitical events, and overall market trends.
Alpha |
Overall sales decreased by 11.2 percent to 14.3 million compared to 16.1 million for the third quarter of 2023 Disposable Protective Apparel segment sales...
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Alpha Pro Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Alpha Pro can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Alpha Pro Fundamental Analysis
We analyze Alpha Pro's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alpha Pro using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alpha Pro based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Retained Earnings
Retained Earnings Comparative Analysis
Alpha Pro is currently under evaluation in retained earnings category among its peers. Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
Alpha Pro Tech Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Alpha Pro stock to make a market-neutral strategy. Peer analysis of Alpha Pro could also be used in its relative valuation, which is a method of valuing Alpha Pro by comparing valuation metrics with similar companies.
Peers
Alpha Pro Related Equities
AEHL | Antelope Enterprise | 4.00 | ||||
JBI | Janus International | 3.06 | ||||
TREX | Trex | 2.72 | ||||
NX | Quanex Building | 2.69 | ||||
JELD | Jeld Wen | 2.48 | ||||
AZEK | Azek | 2.35 | ||||
ASPN | Aspen Aerogels | 2.21 | ||||
TPRKY | Travis Perkins | 2.15 | ||||
ROCK | Gibraltar Industries | 1.88 | ||||
AAON | AAON | 1.37 | ||||
APOG | Apogee Enterprises | 1.35 | ||||
AWI | Armstrong World | 1.27 | ||||
TILE | Interface | 0.99 | ||||
APEUF | Atlas Engineered | 1.25 |
Additional Tools for Alpha Stock Analysis
When running Alpha Pro's price analysis, check to measure Alpha Pro's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alpha Pro is operating at the current time. Most of Alpha Pro's value examination focuses on studying past and present price action to predict the probability of Alpha Pro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alpha Pro's price. Additionally, you may evaluate how the addition of Alpha Pro to your portfolios can decrease your overall portfolio volatility.