On 06/25/20, Alpha Pro announced it will join the Russell 2000 and Russell 3000 Indexes.
The company is also currently included in the Russell Microcap Index.
On 06/23/20, Business Wire announced Aplha Pro serves a $15 Billion dollar Worldwide industry.
On 05 /06/20, Alpha Pro announced ROBUST that blew away Wall Street estimates.
Q1 EPS $0.39 up from $0.09 YoY.
In addition, Alpha Pro had 16% growth in its Building Supply segment.
The company has experienced a SURGE in customer demand for its "Proprietary" N-95 Particulate Respirator face mask and other PPE products as a result of the pandemic.
As of May 1, 2020, the company has approx. $46.8 million in orders for the N-95 mask alone.
Alpha Pro has also experienced a robust demand for its "Face Shield" products with orders totaling $13.3 Million as of May 1, 2020.
Alpha Pro ended the 1st qtr of 2020 with working capital of $31.6 million and a current ration of a solid 4:1 - ( Ratio - Strong Cash Position)
The company currently has NO OUTSTANDING DEBT and an unused $3.5 million credit line.
With the recent uptick in COVID-19 infections, more and more states are requiring masks for all activities especially for frontline employees.
The need for Alpha Pro products is not going away anytime soon. Rapid Growth should continue far into 2021 and beyond.
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.