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Alpha Pro Tech Ltd. - APT STOCK NEWS

Welcome to our dedicated news page for Alpha Pro Tech Ltd. (Ticker: APT), a resource for investors and traders seeking the latest updates and insights on Alpha Pro Tech Ltd..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Alpha Pro Tech Ltd.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Alpha Pro Tech Ltd.'s position in the market.

Rhea-AI Summary
Alpha Pro Tech, (APT) authorizes a $2.0 million expansion of its share repurchase program, bringing the total available for repurchase to $2.7 million. The company intends to repurchase shares through open market purchases or privately-negotiated transactions, aiming to retire all repurchased shares. The expansion follows a previous $0.7 million authorization in November 2023, with management planning to execute purchases in compliance with SEC regulations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.9%
Tags
buyback
-
Rhea-AI Summary
Alpha Pro Tech, Ltd. (APT) announces a 24.9% increase in overall fourth-quarter sales to $15.3 million, with net income of $1.1 million. Building Supply segment sales surged by 55.7%, while Disposable Protective Apparel segment sales dipped by 7.7%. The company reported cash of $20.4 million and working capital of $50.3 million with no debt as of December 31, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.97%
Tags
-
Rhea-AI Summary
Alpha Pro Tech, Ltd. (APT) authorizes a $2.0 million expansion of its share repurchase program, adding to the existing $0.6 million. The company now has $2.6 million available to repurchase shares of its common stock. Management plans to execute repurchases through open market or privately-negotiated transactions, aiming to retire all repurchased shares.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.2%
Tags
buyback
Rhea-AI Summary
Alpha Pro Tech, Ltd. reported a 9.0% increase in net sales to $16.1 million and a 184.3% increase in net income to $1.4 million for the third quarter of 2023. The Building Supply segment sales increased by 19.2% to a record $11.4 million, while Disposable Protective Apparel segment sales decreased by 10.0% to $4.6 million. The company also highlighted positive trends in the housewrap and accessories market, despite a decrease in housing starts in the United States.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5%
Tags
-
Rhea-AI Summary
Alpha Pro Tech, Ltd. (NYSE American: APT) announced financial results for the second quarter of 2023. Net sales were $16.1 million, down 7.2% from the same period in 2022. Disposable Protective Apparel segment sales decreased by 14.9%, while Building Supply segment sales decreased by 2.6%. Net income for the quarter was $1.1 million. The company highlighted growth opportunities in housewrap and synthetic roof underlayment, as well as an increase in sales of disposable protective garments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.02%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
buyback
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.24%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.54%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.49%
Tags
buyback
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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Alpha Pro Tech Ltd.

NYSE:APT

APT Rankings

APT Stock Data

70.72M
9.09M
15.13%
22.63%
0.97%
Clay Building Material and Refractories Manufacturing
Manufacturing
Link
Canada
Markham

About APT

alphaprotech protects people, products and environments. we accomplish this by developing, manufacturing and marketing a line of high-value protective apparel, infection control and extended care products in addition to a line of construction weatherization products for the commercial and residential housing markets.