Amplitech Group Inc (NASDAQ:AMPG) has a beta value of 0.60 and has seen 12.49 million shares traded in the last trading session. The company, currently valued at $35.89M, closed the last trade at $2.73 per share which meant it gained $0.42 on the day or 18.18% during that session. The AMPG stock price is -17.22% off its 52-week high price of $3.20 and 76.56% above the 52-week low of $0.64. If we look at the company’s 10-day average daily trading volume, we find that it stood at 32.42 million shares traded. The 3-month trading volume is 5.15 million shares.
The consensus among analysts is that Amplitech Group Inc (AMPG) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 2 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.12.
Amplitech Group Inc (NASDAQ:AMPG) trade information
Sporting 18.18% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the AMPG stock price touched $2.73 or saw a rise of 14.69%. Year-to-date, Amplitech Group Inc shares have moved 45.21%, while the 5-day performance has seen it change 210.23%. Over the past 30 days, the shares of Amplitech Group Inc (NASDAQ:AMPG) have changed 203.60%. Short interest in the company has seen 53270.0 shares shorted with days to cover at 1.26.
Amplitech Group Inc (AMPG) estimates and forecasts
The company’s shares have gained 158.77% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -31.34%.
1 analysts offering their estimates for the company have set an average revenue estimate of 3M for the current quarter. 1 have an estimated revenue figure of 3M for the next ending quarter. Year-ago sales stood 4.01M and 2.29M respectively for this quarter and the next, and analysts expect sales will shrink by -25.22% for the current quarter and -31.34% for the next.
AMPG Dividends
Amplitech Group Inc is expected to release its next earnings report in January this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Amplitech Group Inc (NASDAQ:AMPG)’s Major holders
Insiders own 26.86% of the company shares, while shares held by institutions stand at 22.13% with a share float percentage of 30.26%. Investors are also buoyed by the number of investors in a company, with Amplitech Group Inc having a total of 15.0 institutions that hold shares in the company. The top two institutional holders are BARD ASSOCIATES INC with over 0.42 million shares worth more than $0.44 million. As of 2024-06-30, BARD ASSOCIATES INC held 4.319% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 0.27 million shares as of 2024-06-30. The firm’s total holdings are worth over $0.29 million and represent 2.8129% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund . As of Sep 30, 2024 , the former fund manager holds about 1.38% shares in the company for having 153.42 shares of worth $0.42 million while later fund manager owns 103.83 shares of worth $0.28 million as of Sep 30, 2024 , which makes it owner of about 0.94% of company’s outstanding stock.
