Alpha Pro Tech, Ltd. (APT)

Alpha Pro Tech, LTD has been an exceptionally volitile ride the last year While revenue has never been spectacular, the market has speculated that their line of infection control products, (namely masks) will vastly improve from the H1N1 events. While I don't believe Alpha Pro Tech has enough upside in masks to fit the $7.60 they peaked at a month ago, the increased production should be more than just a one time blimp as H1N1 migrates over time to H99N99. Driving Alpha Pro up above the $5.30 they retreated to recently. Current P/E is 21, but forward is 10. Insiders did sell above $6, but this climb was fast and rare for Alpha and insiders can always print more! It's when they don't diversify that I wonder more if they have a brain, rather whether it's confidence in their company. Margins are very good, cash is low, but debt is ZERO and cash flow nicely positive. A P/B of 4 is a little higher than I like, but I think it's disposable apparal and extended care products were doing well without the added H1N1 boost. Overall, Alpha Pro Tech's rise to 50% higher than it's five year high average may be a bit lofty, but companies capitalizing off of unique circumstances can result in lasting effects.

value/growth screen