Alpha Pro Tech (NYSE:APT) Stock Price Down 2.2% – Time to Sell?

Alpha Pro Tech, Ltd. (NYSE:APT)’s share price traded down 2.2% during mid-day trading on Wednesday. The company traded as low as $5.41 and last traded at $5.44. Approximately 76,775 shares traded hands during trading, an increase of 28% from the average session volume of 59,796 shares. The stock had previously closed at $5.56.

Alpha Pro Tech Price Performance

The company has a market cap of $56.75 million, a price-to-earnings ratio of 15.03 and a beta of 0.86. The firm has a fifty day simple moving average of $5.38 and a 200 day simple moving average of $5.29.

Insiders Place Their Bets

In related news, Director Charles Montgomery sold 21,943 shares of Alpha Pro Tech stock in a transaction on Monday, September 28th. The shares were sold at an average price of $5.04, for a total value of $110,592.72. Following the transaction, the director owned 25,281 shares in the company, valued at $127,416.24. This trade represents a 46.47% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Donna Millar sold 6,971 shares of Alpha Pro Tech stock in a transaction on Monday, September 28th. The stock was sold at an average price of $5.04, for a total transaction of $35,133.84. Following the completion of the transaction, the director owned 1,284,603 shares in the company, valued at $6,474,399.12. This trade represents a 0.54% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 16.20% of the company’s stock.

Hedge Funds Weigh In On Alpha Pro Tech

An institutional investor recently bought a new stake in Alpha Pro Tech stock. BlackRock Inc. acquired a new position in shares of Alpha Pro Tech, Ltd. (NYSE:APT) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 278,687 shares of the company’s stock, valued at approximately $1,566,000. BlackRock Inc. owned about 2.73% of Alpha Pro Tech as of its most recent filing with the Securities and Exchange Commission. 22.69% of the stock is currently owned by institutional investors.

About Alpha Pro Tech

Alpha Pro Tech, Ltd. develops, manufactures and markets disposable protective apparel, infection-control products and building-supply products. Its offerings are designed for use in healthcare, industrial, construction and other professional environments where protection, hygiene and moisture management are important.

The company’s protective and infection-control products include face masks, bouffant caps, shoe covers, gowns, coveralls, lab coats and other disposable garments and accessories.