Gaining Ground: Amplitech Group Inc (AMPG) Closes Higher at 0.83, Up 23.71

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The price of Amplitech Group Inc (NASDAQ: AMPG) closed at $0.83 in the last session, up 23.71% from day before closing price of $0.67. In other words, the price has increased by $23.71 from its previous closing price. On the day, 0.32 million shares were traded. AMPG stock price reached its highest trading level at $0.9 during the session, while it also had its lowest trading level at $0.685.

Ratios:

We take a closer look at AMPG’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.49 and its Current Ratio is at 7.04. In the meantime, Its Debt-to-Equity ratio is 0.17 whereas as Long-Term Debt/Eq ratio is at 0.15.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 20 ’24 when Flores Jorge Luis bought 500 shares for $0.94 per share. The transaction valued at 469 led to the insider holds 14,500 shares of the business.

Flores Jorge Luis bought 5,500 shares of AMPG for $5,162 on Aug 21 ’24. The Chief Operating Officer now owns 20,000 shares after completing the transaction at $0.94 per share. On Jun 03 ’24, another insider, Maqbool Fawad, who serves as the Chairman, CEO of the company, bought 5,860 shares for $1.18 each. As a result, the insider paid 6,915 and bolstered with 2,655,364 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 8067276 and an Enterprise Value of 10578880. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.66 while its Price-to-Book (P/B) ratio in mrq is 0.39. Its current Enterprise Value per Revenue stands at 0.866 whereas that against EBITDA is -2.722.

Stock Price History:

Over the past 52 weeks, AMPG has reached a high of $2.55, while it has fallen to a 52-week low of $0.64. The 50-Day Moving Average of the stock is -19.47%, while the 200-Day Moving Average is calculated to be -50.02%.

Shares Statistics:

According to the various share statistics, AMPG traded on average about 41.35K shares per day over the past 3-months and 120870 shares per day over the past 10 days. A total of 9.71M shares are outstanding, with a floating share count of 6.76M. Insiders hold about 30.45% of the company’s shares, while institutions hold 10.51% stake in the company. Shares short for AMPG as of 1723680000 were 74425 with a Short Ratio of 1.80, compared to 1721001600 on 42632. Therefore, it implies a Short% of Shares Outstanding of 74425 and a Short% of Float of 1.0999999999999999.

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