A new trading day began on Friday, with Amplitech Group Inc (NASDAQ: AMPG) stock price up 11.52% from the previous day of trading, before settling in for the closing price of $5.12. AMPG’s price has ranged from $0.64 to $5.43 over the past 52 weeks.
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Annual sales at Technology sector company grew by 68.31% over the past five years. Meanwhile, its annual earnings per share averaged -230.77%. With a float of $11.81 million, this company’s outstanding shares have now reached $15.57 million.
Let’s look at the performance matrix of the company that is accounted for 46 employees. 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) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Communication Equipment Industry. The insider ownership of Amplitech Group Inc is 24.16%, while institutional ownership is 15.77%. 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) Latest Financial update
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
Here are Amplitech Group Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.98. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.54.
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)
Amplitech Group Inc (NASDAQ: AMPG) saw its 5-day average volume 13.07 million, a positive change from its year-to-date volume of 1.74 million. As of the previous 9 days, the stock’s Stochastic %D was 88.66%. Additionally, its Average True Range was 0.71.
During the past 100 days, Amplitech Group Inc’s (AMPG) raw stochastic average was set at 89.89%, which indicates a significant increase from 89.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 345.28% in the past 14 days, which was higher than the 192.98% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.41, while its 200-day Moving Average is $1.37. Nevertheless, the first resistance level for the watch stands at $6.47 in the near term. At $7.22, the stock is likely to face the second major resistance level. The third major resistance level sits at $8.17. If the price goes on to break the first support level at $4.77, it is likely to go to the next support level at $3.82. The third support level lies at $3.07 if the price breaches the second support level.
Amplitech Group Inc (NASDAQ: AMPG) Key Stats
With a market capitalization of 111.33 million, the company has a total of 14,050K Shares Outstanding. Currently, annual sales are 15,580 K while annual income is -2,470 K. The company’s previous quarter sales were 2,830 K while its latest quarter income was -1,190 K.
