Amplitech Group Inc (NASDAQ: AMPG) Is Worth Evaluating At $1.66

During the last session, Amplitech Group Inc (NASDAQ:AMPG)’s traded shares were 3.02 million, with the beta value of the company hitting -0.67. At the end of the trading day, the stock’s price was $1.66, reflecting an intraday gain of 22.06% or $0.3. The 52-week high for the AMPG share is $6.43, that puts it down -287.35 from that peak though still a striking 61.45% gain since the share price plummeted to a 52-week low of $0.64. The company’s market capitalization is $32.64M, and the average intraday trading volume over the past 10 days was 0.42 million shares, and the average trade volume was 570.59K 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 -0.09.

Amplitech Group Inc (NASDAQ:AMPG) trade information

Amplitech Group Inc (AMPG) registered a 22.06% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 22.06% in intraday trading to $1.66, hitting a weekly high. The stock’s 5-day price performance is 17.73%, and it has moved by -8.79% in 30 days. Based on these gigs, the overall price performance for the year is -28.76%. The short interest in Amplitech Group Inc (NASDAQ:AMPG) is 0.47 million shares and it means that shorts have 1.73 day(s) to cover.

Amplitech Group Inc (AMPG) estimates and forecasts

In the rating firms’ projections, revenue will increase 78.79% 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 3.5M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 2.29M and 2.53M respectively. In this case, analysts expect current quarter sales to grow by 30.81% and then jump by 38.48% in the coming quarter.

AMPG Dividends

Amplitech Group Inc is due to release its next quarterly earnings on 2025-Mar-30. 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 15.38% of total outstanding shares while institutional holders control 10.67%, with the float percentage being 12.62%. BARD ASSOCIATES INC is the largest shareholder of the company, while 21.0 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.