In the last trading session, 3.41 million Amplitech Group Inc (NASDAQ:AMPG) shares changed hands as the company’s beta touched -0.24. With the company’s per share price at $1.81 changed hands at -$0.59 or -24.58% during last session, the market valuation stood at $35.58M. AMPG’s last price was a discount, traded about -255.25% off its 52-week high of $6.43. The share price had its 52-week low at $0.64, which suggests the last value was 64.64% up since then. When we look at Amplitech Group Inc’s average trading volume, we note the 10-day average is 9.38 million shares, with the 3-month average coming to 7.87 million.
Analysts gave the Amplitech Group Inc (AMPG) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended AMPG as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. Amplitech Group Inc’s EPS for the current quarter is expected to be -0.12.
Amplitech Group Inc (NASDAQ:AMPG) trade information
Instantly AMPG was in red as seen at the end of in last trading. With action -57.61%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -64.79%, with the 5-day performance at -57.61% in the red. However, in the 30-day time frame, Amplitech Group Inc (NASDAQ:AMPG) is 82.44% up. Looking at the short shares, we see there were 53270.0 shares sold at short interest cover period of 1.26 days.
Amplitech Group Inc (AMPG) estimates and forecasts
Year-over-year growth is forecast to reach -31.34% down from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 3M. 1 analysts are of the opinion that Amplitech Group Inc’s revenue for the current quarter will be 3M. The company’s revenue for the corresponding quarters a year ago was 4.01M and 2.29M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -25.22%. The estimates for the next quarter sales put growth at 30.81%.
The 2025 estimates are for Amplitech Group Inc earnings to decrease by -230.77%.
AMPG Dividends
Amplitech Group Inc is expected to release its next quarterly earnings report in February.
Amplitech Group Inc (NASDAQ:AMPG)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 26.86% of Amplitech Group Inc shares while 22.13% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 30.26%. There are 22.13% institutions holding the Amplitech Group Inc stock share, with BARD ASSOCIATES INC the top institutional holder. As of 2024-06-30, the company held 4.319% of the shares, roughly 0.42 million AMPG shares worth $0.44 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 2.8129% or 0.27 million shares worth $0.29 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund . With 153.42 shares estimated at $0.28 million under it, the former controlled 0.88% of total outstanding shares. On the other hand, Vanguard Extended Market Index Fund held about 0.59% of the shares, roughly 103.83 shares worth around $0.19 million.
