American Biltrite (OTCMKTS:ABLT) Trading Down 2.6% – Time to Sell?

Shares of American Biltrite Inc. (OTCMKTS:ABLTGet Free Report) were down 2.6% during mid-day trading on Tuesday . The stock traded as low as $84.00 and last traded at $84.00. Approximately 30 shares traded hands during trading, a decline of 73% from the average daily volume of 110 shares. The stock had previously closed at $86.25.

American Biltrite Price Performance

The stock has a market capitalization of $2.69 million, a P/E ratio of -2.13 and a beta of 0.24. The company has a 50 day moving average of $102.85 and a 200-day moving average of $98.18. The company has a quick ratio of 0.58, a current ratio of 1.35 and a debt-to-equity ratio of 0.09.

About American Biltrite

(Get Free Report)

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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