Amplitech Group Inc (NASDAQ: AMPG) is -62.45% lower on its value in year-to-date trading and has touched a low of $0.64 and a high of $6.43 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AMPG stock was last observed hovering at around $1.95 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $1.93, the stock is -40.76% and -7.14% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.33 million and changing -1.03% at the moment leaves the stock 33.27% off its SMA200. AMPG registered -9.81% loss for a year compared to 6-month gain of 61.51%. The firm has a 50-day simple moving average (SMA 50) of $2.07846 and a 200-day simple moving average (SMA200) of $1.448245.
The stock witnessed a -2.53% loss in the last 1 month and extending the period to 3 months gives it a 97.95%, and is -22.49% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 13.67% over the week and 24.77% over the month.
Amplitech Group Inc (AMPG) has around 46 employees, a market worth around $37.94M and $11.67M in sales. Profit margin for the company is -68.09%. Distance from 52-week low is 201.56% and -69.98% from its 52-week high. The company has generated returns on investments over the last 12 months (-31.84%).
with sales reaching $3M over the same period.The EPS is expected to shrink by -230.77% this year, but quarterly earnings will post -31.34% year-over-year. Quarterly sales are estimated to shrink -25.22% in year-over-year returns.
Amplitech Group Inc (AMPG) Top Institutional Holders
15.0 institutions hold shares in Amplitech Group Inc (AMPG), with institutional investors hold 30.26% of the company’s shares. The shares outstanding are 19.66M, and float is at 16.63M with Short Float at 5.39%. Institutions hold 22.13% of the Float.
The top institutional shareholder in the company is BARD ASSOCIATES INC with over 0.42 million shares valued at $0.44 million. The investor’s holdings represent 4.319% of the AMPG Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 0.27 million shares valued at $0.29 million to account for 2.8129 of the shares outstanding. The other top investors are GEODE CAPITAL MANAGEMENT, LLC which holds 0.11 million shares representing 1.1463% and valued at over $0.12 million, while CITADEL ADVISORS LLC holds 1.0085 of the shares totaling 97982.0 with a market value of $0.1 million.
Amplitech Group Inc (AMPG) Insider Activity
The most recent transaction is an insider purchase by Maqbool Fawad, the company’s Chairman, CEO. SEC filings show that Maqbool Fawad bought 8,000 shares of the company’s common stock on Aug 30 ’24 at a price of $0.73 per share for a total of $5841.0. Following the purchase, the insider now owns 2.66 million shares.
Amplitech Group Inc disclosed in a document filed with the SEC on Aug 20 ’24 that Flores Jorge Luis (Chief Operating Officer) bought a total of 500 shares of the company’s common stock. The trade occurred on Aug 20 ’24 and was made at $0.94 per share for $469.0. Following the transaction, the insider now directly holds 14500.0 shares of the AMPG stock.
Still, SEC filings show that on Aug 21 ’24, Flores Jorge Luis (Chief Operating Officer) acquired 5,500 shares at an average price of $0.94 for $5162.0. The insider now directly holds 20,000 shares of Amplitech Group Inc (AMPG).
