Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $5.01 in the prior trading day, Amplitech Group Inc (NASDAQ: AMPG) closed at $4.27, down -14.77%. In other words, the price has decreased by -$14.77 from its previous closing price. On the day, 5.76 million shares were traded. AMPG stock price reached its highest trading level at $4.95 during the session, while it also had its lowest trading level at $4.13.
Ratios:
Our goal is to gain a better understanding of AMPG by taking a closer 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 83933256 and an Enterprise Value of 11067436. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.13 while its Price-to-Book (P/B) ratio in mrq is 2.32. Its current Enterprise Value per Revenue stands at 0.906 whereas that against EBITDA is -2.847.
Stock Price History:
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 147.26%, while the 200-Day Moving Average is calculated to be 198.95%.
Shares Statistics:
The stock has traded on average 7.22M shares per day over the past 3-months and 10206460 shares per day over the last 10 days, according to various share statistics. A total of 19.66M shares are outstanding, with a floating share count of 14.91M. Insiders hold about 24.16% of the company’s shares, while institutions hold 12.49% stake in the company. Shares short for AMPG as of 1730332800 were 53270 with a Short Ratio of 0.32, compared to 1727654400 on 32036. Therefore, it implies a Short% of Shares Outstanding of 53270 and a Short% of Float of 0.8699999999999999.
