AmpliTech Group, Inc. (NASDAQ:AMPG - Get Free Report)'s stock price fell 3.6% on Wednesday . The company traded as low as $2.61 and last traded at $2.69. 360,150 shares traded hands during trading, a decline of 84% from the average session volume of 2,238,624 shares. The stock had previously closed at $2.79.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen raised AmpliTech Group from a "sell" rating to a "hold" rating in a research note on Thursday, May 22nd.
Read Our Latest Stock Report on AMPG
AmpliTech Group Stock Down 2.8%
The stock's fifty day moving average price is $2.29 and its two-hundred day moving average price is $1.97. The company has a market capitalization of $63.15 million, a PE ratio of -4.45 and a beta of -1.03.
AmpliTech Group (NASDAQ:AMPG - Get Free Report) last announced its quarterly earnings data on Thursday, May 15th. The company reported ($0.09) EPS for the quarter, missing the consensus estimate of ($0.08) by ($0.01). AmpliTech Group had a negative net margin of 77.94% and a negative return on equity of 29.49%. The firm had revenue of $3.60 million for the quarter, compared to analysts' expectations of $3.50 million.
Institutional Investors Weigh In On AmpliTech Group
Hedge funds have recently added to or reduced their stakes in the stock. Thompson Davis & CO. Inc. purchased a new stake in AmpliTech Group during the first quarter valued at $34,000. Essex Investment Management Co. LLC bought a new stake in AmpliTech Group during the first quarter valued at approximately $91,000. AIGH Capital Management LLC bought a new stake in AmpliTech Group during the first quarter valued at approximately $1,403,000. Asset Management One Co. Ltd. bought a new stake in shares of AmpliTech Group during the 1st quarter valued at $102,000. Finally, PFG Investments LLC bought a new stake in shares of AmpliTech Group during the 1st quarter valued at $50,000. 10.99% of the stock is currently owned by hedge funds and other institutional investors.
AmpliTech Group Company Profile
(
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.
Read More
Before you consider AmpliTech Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AmpliTech Group wasn't on the list.
While AmpliTech Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
