Published on 7 Aug 2023 on Simply Wall St. via Yahoo Finance
Ampco-Pittsburgh (NYSE:AP) investors are sitting on a loss of 54% if they invested five years ago
Ampco-Pittsburgh Corporation (NYSE:AP) shareholders will doubtless be very grateful to see the share price up 32% in the last quarter. But that can't change the reality that over the longer term (five years), the returns have been really quite dismal. Indeed, the share price is down 54% in the period. So we're hesitant to put much weight behind the short term increase. We'd err towards caution given the long term under-performance.
Since shareholders are down over the longer term, lets look at the underlying fundamentals over the that time and see if they've been consistent with returns.
See our latest analysis for Ampco-Pittsburgh