American Biltrite Inc. (OTCMKTS:ABLT – Get Free Report)’s stock price dropped 7.6% on Tuesday . The stock traded as low as $78.50 and last traded at $78.50. Approximately 35 shares were traded during mid-day trading, a decline of 66% from the average daily volume of 104 shares. The stock had previously closed at $85.00.
American Biltrite Stock Down 7.6 %
The company has a current ratio of 1.35, a quick ratio of 0.58 and a debt-to-equity ratio of 0.09. The company has a market cap of $2.51 million, a price-to-earnings ratio of -1.99 and a beta of 0.26. The stock’s 50-day moving average is $87.65 and its 200-day moving average is $98.62.
American Biltrite Company Profile
American Biltrite Inc, together with its subsidiaries, provides tape, jewelry, flooring, and rubber products worldwide. The company produces and offers pressure sensitive tapes, films, and protective sheeting under the American Biltrite and Ideal brands, which are used in various markets, such as automotive and transportation; construction; shoe/footwear; graphic arts, print, and signage; and various other industrial and consumer applications.
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