Amplitech Group Inc (AMPG) kicked off at the price of $2.31: Venture capitalists have an exciting new opportunity

On Friday, Amplitech Group Inc (NASDAQ: AMPG) opened higher 5.00% from the last session, before settling in for the closing price of $2.20. Price fluctuations for AMPG have ranged from $0.64 to $3.20 over the past 52 weeks.

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Technology Sector giant saw their annual sales surged by 68.31% over the last five years. Company’s average yearly earnings per share was noted -230.77% at the time writing. With a float of $9.54 million, this company’s outstanding shares have now reached $11.09 million.

The firm has a total of 46 workers. Let’s measure their productivity. In terms of profitability, gross margin is 44.86%, operating margin of -39.49%, and the pretax margin is -67.88%.

Amplitech Group Inc (AMPG) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Communication Equipment industry is another important factor to consider. The insider ownership of Amplitech Group Inc is 23.80%, while institutional ownership is 19.61%. The most recent insider transaction that took place on Aug 30 ’24, was worth 5,841. In this transaction Chairman, CEO of this company bought 8,000 shares at a rate of $0.73, taking the stock ownership to the 2,663,364 shares. Before that another transaction happened on Aug 20 ’24, when Company’s Chief Operating Officer bought 500 for $0.94, making the entire transaction worth $469. This insider now owns 14,500 shares in total.

Amplitech Group Inc (AMPG) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.09 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -230.77% per share during the next fiscal year.

Amplitech Group Inc (NASDAQ: AMPG) Trading Performance Indicators

Check out the current performance indicators for Amplitech Group Inc (AMPG). In the past quarter, the stock posted a quick ratio of 1.98. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.60.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.81, a number that is poised to hit -0.12 in the next quarter and is forecasted to reach -0.15 in one year’s time.

Technical Analysis of Amplitech Group Inc (AMPG)

Analysing the last 5-days average volume posted by the [Amplitech Group Inc, AMPG], we can find that recorded value of 64.64 million was better than the volume posted last year of 1.4 million. As of the previous 9 days, the stock’s Stochastic %D was 62.40%. Additionally, its Average True Range was 0.32.

During the past 100 days, Amplitech Group Inc’s (AMPG) raw stochastic average was set at 65.23%, which indicates a significant increase from 62.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 311.45% in the past 14 days, which was higher than the 161.77% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.98, while its 200-day Moving Average is $1.31. Now, the first resistance to watch is $2.71. This is followed by the second major resistance level at $3.11. The third major resistance level sits at $3.35. If the price goes on to break the first support level at $2.07, it is likely to go to the next support level at $1.83. Now, if the price goes above the second support level, the third support stands at $1.43.

Amplitech Group Inc (NASDAQ: AMPG) Key Stats

There are currently 11,094K shares outstanding in the company with a market cap of 30.37 million. Presently, the company’s annual sales total 15,580 K according to its annual income of -2,470 K. Last quarter, the company’s sales amounted to 2,830 K and its income totaled -1,190 K.