Closing Bell Recap: Amplitech Group Inc (AMPG) Ends at 2.36, Reflecting a -7.81 Downturn

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Amplitech Group Inc (NASDAQ: AMPG) closed the day trading at $2.36 down -7.81% from the previous closing price of $2.56. In other words, the price has decreased by -$7.81 from its previous closing price. On the day, 0.84 million shares were traded. AMPG stock price reached its highest trading level at $2.52 during the session, while it also had its lowest trading level at $2.2643.

Ratios:

For a better understanding of AMPG, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.98 and its Current Ratio is at 4.91. In the meantime, Its Debt-to-Equity ratio is 0.29 whereas as Long-Term Debt/Eq ratio is at 0.22.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 30 ’24 when Maqbool Fawad bought 8,000 shares for $0.73 per share. The transaction valued at 5,841 led to the insider holds 2,663,364 shares of the business.

Flores Jorge Luis bought 500 shares of AMPG for $469 on Aug 20 ’24. The Chief Operating Officer now owns 14,500 shares after completing the transaction at $0.94 per share. On Aug 21 ’24, another insider, Flores Jorge Luis, who serves as the Chief Operating Officer of the company, bought 5,500 shares for $0.94 each. As a result, the insider paid 5,162 and bolstered with 20,000 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AMPG now has a Market Capitalization of 46389336 and an Enterprise Value of 11067436. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.98 while its Price-to-Book (P/B) ratio in mrq is 1.28. Its current Enterprise Value per Revenue stands at 0.906 whereas that against EBITDA is -2.847.

Stock Price History:

The Beta on a monthly basis for AMPG is -0.58, which has changed by 0.27999997 over the last 52 weeks, in comparison to a change of 0.21313763 over the same period for the S&P500. Over the past 52 weeks, AMPG has reached a high of $6.43, while it has fallen to a 52-week low of $0.64. The 50-Day Moving Average of the stock is 0.03%, while the 200-Day Moving Average is calculated to be 64.90%.

Shares Statistics:

Over the past 3-months, AMPG traded about 8.50M shares per day on average, while over the past 10 days, AMPG traded about 817360 shares per day. A total of 19.66M shares are outstanding, with a floating share count of 16.63M. Insiders hold about 15.38% of the company’s shares, while institutions hold 10.85% stake in the company. Shares short for AMPG as of 1730332800 were 53270 with a Short Ratio of 0.06, compared to 1727654400 on 32036. Therefore, it implies a Short% of Shares Outstanding of 53270 and a Short% of Float of 0.8699999999999999.

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