Ampco-Pittsburgh Corporation, trading on the NYSE under the symbol AP, is a company involved in manufacturing and engineering. It operates through two segments: Forged and Cast Engineered Products and Air and Liquid Processing. The company faces competition from other industrial manufacturers but remains a key player in its niche markets.
On November 19, 2025, McNair Darrell L, a director at AP, purchased 3,000 shares of the company's common stock at $2.52 each. This transaction increased his total holdings to 63,912 shares. This move coincides with AP's participation in the Midwest IDEAS Investor Conference, where key executives, including CEO J. Brett McBrayer, will present.
AP's financial metrics reveal challenges. The company has a negative price-to-earnings (P/E) ratio of -9.69, indicating ongoing losses. Despite this, the price-to-sales ratio of 0.12 suggests the stock might be undervalued relative to its sales. The enterprise value to sales ratio of 0.41 further supports this valuation perspective.
The company's financial health shows mixed signals. The enterprise value to operating cash flow ratio is 28.99, indicating limited cash flow coverage for its enterprise value. The debt-to-equity ratio of 2.33 highlights a significant reliance on debt. However, a current ratio of 1.84 suggests AP has sufficient liquidity to meet short-term obligations.
