AmpliTech Group (NASDAQ:AMPG - Get Free Report)'s stock had its "sell (d-)" rating reaffirmed by equities research analysts at Weiss Ratings in a research report issued to clients and investors on Friday,Weiss Ratings reports.
AmpliTech Group Price Performance
Shares of NASDAQ:AMPG traded up $0.04 during trading on Friday, hitting $3.41. The company had a trading volume of 349,446 shares, compared to its average volume of 790,103. The stock has a market cap of $70.25 million, a price-to-earnings ratio of -5.49 and a beta of -0.98. AmpliTech Group has a one year low of $0.78 and a one year high of $6.43. The company has a fifty day simple moving average of $3.86 and a two-hundred day simple moving average of $2.78.
AmpliTech Group (NASDAQ:AMPG - Get Free Report) last posted its quarterly earnings data on Thursday, August 14th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by ($0.02). AmpliTech Group had a negative net margin of 44.65% and a negative return on equity of 26.65%. The company had revenue of $11.03 million during the quarter, compared to the consensus estimate of $3.50 million. AmpliTech Group has set its FY 2025 guidance at EPS.
Hedge Funds Weigh In On AmpliTech Group
Large investors have recently bought and sold shares of the business. Thompson Davis & CO. Inc. purchased a new position in AmpliTech Group during the 1st quarter valued at $34,000. PFG Investments LLC bought a new stake in AmpliTech Group during the 1st quarter valued at $50,000. Essex Investment Management Co. LLC bought a new stake in AmpliTech Group during the 1st quarter valued at $91,000. Asset Management One Co. Ltd. bought a new stake in AmpliTech Group during the 1st quarter valued at $102,000. Finally, Geode Capital Management LLC raised its position in AmpliTech Group by 3.0% during the 2nd quarter. Geode Capital Management LLC now owns 167,569 shares of the company's stock valued at $355,000 after purchasing an additional 4,811 shares in the last quarter. Hedge funds and other institutional investors own 10.99% of the company's stock.
About AmpliTech Group
(
Get Free Report)
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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