On Friday, Amplitech Group Inc (NASDAQ: AMPG) opened lower -7.50% from the last session, before settling in for the closing price of $2.00. Price fluctuations for AMPG have ranged from $0.64 to $6.43 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 77.82%. Company’s average yearly earnings per share was noted -230.77% at the time writing. With a float of $16.63 million, this company’s outstanding shares have now reached $19.66 million.
Considering the fact that the conglomerate employs 46 people, you should pay attention to its efficiency factor. 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
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 15.38%, while institutional ownership is 11.00%. 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
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 3.12.
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)
Compared to the last year’s volume of 2.27 million, its volume of 0.6 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 7.81%. Additionally, its Average True Range was 0.29.
During the past 100 days, Amplitech Group Inc’s (AMPG) raw stochastic average was set at 20.07%, which indicates a significant increase from 11.11% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 108.73% in the past 14 days, which was lower than the 215.04% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.5231, while its 200-day Moving Average is $1.4234. Nevertheless, the first resistance level for the watch stands at $1.9767 in the near term. At $2.1033, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.1667. If the price goes on to break the first support level at $1.7867, it is likely to go to the next support level at $1.7233. Should the price break the second support level, the third support level stands at $1.5967.
Amplitech Group Inc (NASDAQ: AMPG) Key Stats
There are currently 17,483K shares outstanding in the company with a market cap of 36.36 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.
