During the last session, Amplitech Group Inc (NASDAQ:AMPG)’s traded shares were 1.68 million, with the beta value of the company hitting -0.39. At the end of the trading day, the stock’s price was $1.95, reflecting an intraday loss of -10.14% or -$0.22. The 52-week high for the AMPG share is $6.43, that puts it down -229.74 from that peak though still a striking 67.18% gain since the share price plummeted to a 52-week low of $0.64. The company’s market capitalization is $38.33M, and the average intraday trading volume over the past 10 days was 4.54 million shares, and the average trade volume was 8.29 million shares over the past three months.
Amplitech Group Inc (AMPG) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. AMPG has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.12.
Amplitech Group Inc (NASDAQ:AMPG) trade information
Amplitech Group Inc (AMPG) registered a -10.14% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -10.14% in intraday trading to $1.95, hitting a weekly high. The stock’s 5-day price performance is -0.51%, and it has moved by -12.16% in 30 days. Based on these gigs, the overall price performance for the year is -7.58%. The short interest in Amplitech Group Inc (NASDAQ:AMPG) is 53270.0 shares and it means that shorts have 1.26 day(s) to cover.
Amplitech Group Inc (AMPG) estimates and forecasts
In the rating firms’ projections, revenue will decrease -31.34% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 3M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 3M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 4.01M and 2.29M respectively. In this case, analysts expect current quarter sales to shrink by -25.22% and then jump by 30.81% in the coming quarter.
While earnings are projected to return -230.77% in 2025.
AMPG Dividends
Amplitech Group Inc is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Amplitech Group Inc (NASDAQ:AMPG)’s Major holders
Amplitech Group Inc insiders own 26.86% of total outstanding shares while institutional holders control 22.13%, with the float percentage being 30.26%. BARD ASSOCIATES INC is the largest shareholder of the company, while 15.0 institutions own stock in it. As of 2024-06-30, the company held over 0.42 million shares (or 4.319% of all shares), a total value of $0.44 million in shares.
The next largest institutional holding, with 0.27 million shares, is of VANGUARD GROUP INC’s that is approximately 2.8129% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $0.29 million.
Also, the Mutual Funds coming in first place with the largest holdings of Amplitech Group Inc (AMPG) shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund . Data provided on Sep 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 153.42 shares. This amounts to just over 0.88 percent of the company’s overall shares, with a $0.3 million market value. The same data shows that the other fund manager holds slightly less at 103.83, or about 0.59% of the stock, which is worth about $0.2 million.
