AmpliTech Group (NASDAQ:AMPGW) Trading Down 12% – Here’s What Happened

Shares of AmpliTech Group, Inc. (NASDAQ:AMPGWGet Free Report) fell 12% during mid-day trading on Wednesday . The stock traded as low as $0.56 and last traded at $0.87. 41,644 shares were traded during mid-day trading, an increase of 18% from the average session volume of 35,350 shares. The stock had previously closed at $0.99.

AmpliTech Group Trading Down 21.7 %

The company has a fifty day moving average of $0.24 and a two-hundred day moving average of $0.11.

AmpliTech Group Company Profile

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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.

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