AP (Ambow Education) stock experienced significant movement with a 5.14% increase in its share price. The stock is currently trading at $1.84 with a trading volume of 3,052 shares, representing a turnover rate of 0.02% and a price fluctuation of 2.86%.
The recent financial report shows that AP generated a revenue of $111 million, with a net profit of $2.01 million and earnings per share of $0.10. The company's gross profit stood at $18.33 million, while its price-to-earnings ratio was recorded at -0.84. As of now, there are no institutional recommendations available for AP, such as buy, hold, or sell ratings.
In the metals industry sector where AP operates, the overall growth was recorded at 2.00%. Among other notable companies, Northwest Pipe Company, Proto Labs, Inc., and Gulf Island Fabrication saw considerable gains. Meanwhile, Safe & Green Holdings Corp., Mintegral International, and Proto Labs, Inc. were actively traded with turnover rates of 3.18%, 2.42%, and 0.74%, respectively. Larger fluctuations were observed in Mintegral International, Safe & Green Holdings Corp., and Gulf Island Fabrication with amplitudes of 10.86%, 10.56%, and 8.97%.
AP, headquartered in the United States, specializes in the production and sale of engineered specialty metal products and customized equipment. It operates through two business segments: Forged and Cast Engineered Products, and Air and Liquid Processing. The Forged and Cast Engineered Products division supplies work-hardened steel rolls and open-die forged products to metal producers, including those in the steel and aluminum industry. The Air and Liquid Processing segment offers products such as Aerofin, Buffalo Air Handling, and Buffalo Pumps. The majority of AP's revenue comes from its Forged and Cast Engineered Products department, and the company has operations in both the United States and internationally.
