Ampco-Pittsburgh Corporation's Recent Financial and Stock Activity

Core Viewpoint - Ampco-Pittsburgh Corporation (AP) is facing financial challenges but shows potential for undervaluation based on its price-to-sales and enterprise value metrics [3][5]. Financial Performance - The company has a negative price-to-earnings (P/E) ratio of -9.69, indicating ongoing losses [3][5]. - The price-to-sales ratio stands at 0.12, suggesting the stock may be undervalued relative to its sales [3][5]. - The enterprise value to sales ratio is 0.41, further supporting the perspective of potential undervaluation [3][5]. Financial Health - The enterprise value to operating cash flow ratio is 28.99, indicating limited cash flow coverage for its enterprise value [4]. - The debt-to-equity ratio is 2.33, highlighting a significant reliance on debt [4][5]. - A current ratio of 1.84 suggests that the company has sufficient liquidity to meet its short-term obligations [4][5]. Insider Activity - Director McNair Darrell L purchased 3,000 shares at $2.52 each, increasing his total holdings to 63,912 shares, signaling confidence in the company [2][5].