Amplitech Group Inc (NASDAQ: AMPG) kicked off on Monday, down -24.58% from the previous trading day, before settling in for the closing price of $2.40. Over the past 52 weeks, AMPG has traded in a range of $0.64-$6.43.
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During the last 5-year period, the sales growth of Technology Sector giant was 77.82%. While this was happening, its average annual earnings per share was recorded -230.77%. With a float of $14.91 million, this company’s outstanding shares have now reached $19.66 million.
Let’s determine the extent of company efficiency that accounts 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 Activity
Our next focus will be how large-scale investors are participating in this stock of the Communication Equipment Industry. The insider ownership of Amplitech Group Inc is 24.16%, while institutional ownership is 10.80%. 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) Earnings and Forecasts
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
Take a look at Amplitech Group Inc’s (AMPG) current performance indicators. Last quarter, 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 3.05.
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)
Looking closely at Amplitech Group Inc (NASDAQ: AMPG), its last 5-days average volume was 6.16 million, which is a drop from its year-to-date volume of 6.22 million. As of the previous 9 days, the stock’s Stochastic %D was 5.81%. Additionally, its Average True Range was 0.84.
During the past 100 days, Amplitech Group Inc’s (AMPG) raw stochastic average was set at 20.21%, which indicates a significant increase from 0.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 356.70% in the past 14 days, which was higher than the 215.18% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.90, while its 200-day Moving Average is $1.45. However, in the short run, Amplitech Group Inc’s stock first resistance to watch stands at $2.11. Second resistance stands at $2.41. The third major resistance level sits at $2.57. If the price goes on to break the first support level at $1.65, it is likely to go to the next support level at $1.49. Should the price break the second support level, the third support level stands at $1.19.
Amplitech Group Inc (NASDAQ: AMPG) Key Stats
The company with the Market Capitalisation of 35.58 million has total of 17,483K Shares Outstanding. Its annual sales at the moment are 15,580 K in contrast with the sum of -2,470 K annual income. Company’s last quarter sales were recorded 2,830 K and last quarter income was -1,190 K.
