Weiss Ratings Reaffirms "Sell (D-)" Rating for AmpliTech Group (NASDAQ:AMPG)

Key Points

• Weiss Ratings has reaffirmed a "Sell (D-)" rating for AmpliTech Group (NASDAQ:AMPG) following a recent report on the company's stock performance.
• AmpliTech Group's stock is currently trading at $4.32, with a 12-month low of $0.73 and a high of $6.43, and the company has a negative PE ratio of -6.97.
• In its latest earnings report, AmpliTech Group missed the consensus EPS estimate, reporting a loss of ($0.09) per share with revenues significantly higher than expected at $11.03 million.

AmpliTech Group (NASDAQ:AMPG - Get Free Report)'s stock had its "sell (d-)" rating reaffirmed by equities researchers at Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

AmpliTech Group Stock Performance

AmpliTech Group stock traded up $0.02 during midday trading on Wednesday, hitting $4.32. 475,090 shares of the company's stock were exchanged, compared to its average volume of 789,645. AmpliTech Group has a 12 month low of $0.73 and a 12 month high of $6.43. The firm has a 50-day moving average of $3.67 and a two-hundred day moving average of $2.59. The company has a market cap of $88.86 million, a PE ratio of -6.97 and a beta of -0.98.

AmpliTech Group (NASDAQ:AMPG - Get Free Report) last issued its earnings results 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 return on equity of 26.65% and a negative net margin of 44.65%.The business had revenue of $11.03 million for the quarter, compared to the consensus estimate of $3.50 million. AmpliTech Group has set its FY 2025 guidance at EPS.

Institutional Trading of AmpliTech Group

A number of institutional investors have recently modified their holdings of AMPG. PFG Investments LLC bought a new stake in shares of AmpliTech Group in the 1st quarter valued at about $50,000. Asset Management One Co. Ltd. bought a new stake in shares of AmpliTech Group in the 1st quarter valued at about $102,000. AIGH Capital Management LLC bought a new stake in shares of AmpliTech Group in the 1st quarter valued at about $1,403,000. Essex Investment Management Co. LLC bought a new stake in shares of AmpliTech Group in the 1st quarter valued at about $91,000. Finally, Thompson Davis & CO. Inc. bought a new stake in shares of AmpliTech Group in the 1st quarter valued at about $34,000. 10.99% of the stock is currently owned by institutional investors.

AmpliTech Group Company Profile

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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