Amplifon (OTCMKTS:AMFPF) Sees Strong Trading Volume - What's Next?

Key Points

• Amplifon S.p.A. experienced unusually high trading volume, increasing by 1,061% to approximately 11,875 shares traded during mid-day on Thursday, with the stock price reaching $17.26.
• Morgan Stanley has reissued an "overweight" rating for Amplifon, indicating positive outlook for the stock in their recent analysis.
• Amplifon has a market capitalization of $3.91 billion and notable financial metrics including a PE ratio of 25.53 and a debt-to-equity ratio of 0.85.

Shares of Amplifon S.p.A. (OTCMKTS:AMFPF - Get Free Report) saw unusually-strong trading volume on Thursday . Approximately 11,875 shares changed hands during mid-day trading, an increase of 1,061% from the previous session's volume of 1,023 shares.The stock last traded at $17.26 and had previously closed at $17.17.

Analysts Set New Price Targets

Separately, Morgan Stanley reissued an "overweight" rating on shares of Amplifon in a research note on Wednesday, June 25th.

Amplifon Stock Up 1.1%

The firm has a market capitalization of $3.91 billion, a PE ratio of 25.53 and a beta of 0.54. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.62 and a quick ratio of 0.54. The company has a 50-day moving average price of $23.36 and a 200 day moving average price of $23.40.

Amplifon Company Profile

Amplifon S.p.A. engages in the distribution of hearing solutions and the fitting of customized products that help people rediscover various emotions of sound in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company offers Ampli-easy, Ampli-connect, Ampli-energy, and Ampli-mini hearing devices.

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