AmpliTech Group, Inc. (NASDAQ:AMPG – Get Free Report) was the target of a large increase in short interest during the month of July. As of July 15th, there was short interest totalling 42,600 shares, an increase of 29.1% from the June 30th total of 33,000 shares. Based on an average trading volume of 48,800 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.6% of the company’s stock are sold short.
AmpliTech Group Stock Performance
AMPG opened at $1.13 on Tuesday. The business’s 50-day simple moving average is $1.14 and its 200-day simple moving average is $1.74. The company has a market cap of $10.98 million, a P/E ratio of -1.69 and a beta of 0.57. AmpliTech Group has a one year low of $1.00 and a one year high of $2.55.
AmpliTech Group (NASDAQ:AMPG – Get Free Report) last released its quarterly earnings results on Tuesday, May 28th. The company reported ($0.48) earnings per share (EPS) for the quarter. The firm had revenue of $2.29 million for the quarter. AmpliTech Group had a negative return on equity of 25.21% and a negative net margin of 47.51%.
Institutional Trading of AmpliTech Group
About AmpliTech Group
AmpliTech Group, Inc designs, engineers, and assembles micro-wave component-based amplifiers. The company's products include radio frequency (RF) amplifiers and related subsystems, such as low noise amplifiers for use in receivers of various communication systems comprising Wi-Fi, radar, satellite, base station, cell phone, radio, etc.; and medium power amplifiers that provide enhanced output power and gain in transceiver chains.
Further Reading
- Five stocks we like better than AmpliTech Group
- Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness
- Survey: Top 175 Fittest Retirement Locations in America
- What Are Dividends? Buy the Best Dividend Stocks
- Kimberly-Clark Stock Dips and a Buying Opportunity Emerges
- 5 discounted opportunities for dividend growth investors
- Leading Gold Stock Shines With Q2 2024 Earnings Release
Receive News & Ratings for AmpliTech Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AmpliTech Group and related companies with MarketBeat.com's FREE daily email newsletter.