Shares of Amplifon S.p.A. (OTCMKTS:AMFPF - Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $9.46, but opened at $10.49. Amplifon shares last traded at $10.49, with a volume of 875 shares traded.
Wall Street Analysts Forecast Growth
Separately, Jefferies Financial Group lowered Amplifon from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, March 18th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Amplifon has a consensus rating of "Moderate Buy".
Read Our Latest Stock Analysis on AMFPF
Amplifon Stock Performance
The company has a debt-to-equity ratio of 1.14, a quick ratio of 0.54 and a current ratio of 0.62. The business has a 50-day moving average price of $11.83 and a 200 day moving average price of $14.83. The stock has a market capitalization of $2.31 billion, a P/E ratio of 18.73 and a beta of 0.63.
About Amplifon
(
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Amplifon is a global leader in hearing care, specializing in the retail and distribution of hearing aids, accessories and related services. The company offers a full suite of solutions including diagnostic hearing assessments, personalized hearing aid fittings, follow-up care, tinnitus management and hearing protection. Through its network of branded stores and partner outlets, Amplifon serves individuals across the full spectrum of hearing needs, from prevention and early detection to long-term aftercare.
Founded in Milan in 1950 by Algernon Charles Holland, Amplifon has grown from a single audiology centre into a multinational organization.
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