How have the shares performed?
AmpliTech Group Inc. (AMPG) saw downtrend of -10.45% in the recent trading with $5.40 being its most recent. The current price level -72.73% lower than the highest price of $19.80 marked by the stock while trading over the past 52-weeks, whereas it is 623.86% higher than the lowest price of $0.75 the company dropped to over past 52-weeks. The latest news story on AMPG appeared in GlobeNewswire under the title “AmpliTech Joint Venture with SN2N LLC Completes Proof of Concept for Highly Secure Satellite, IoT, and 5G Communications by Integrating Hardware Encryption in Low Noise Signal Amplifiers” on Jun-16-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -15.49% below one month high and is +43.62% above of the lowest during that time. Looking into the simple moving average, AmpliTech Group Inc. (AMPG)’s stock stands at a SMA-50 of $5.58 while that of 5-day is reading $5.68.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and AMPG’s SMA-200 as of now is $5.59.
AmpliTech Group Inc. Earnings – What Happened With AMPG
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. During the reported three-month period, company’s sales were $473.0 million.
AMPG – AmpliTech Group Inc. Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 9.34 million. AMPG does have institutional investors; and they hold 2.00% of the stock.
AmpliTech Group Inc. – Insider Activity and Holdings
Moreover, the latest SEC filings also revealed that stock came across 8 new insider purchases involving 28,500 shares. On the other hand, AMPG declared 0 shares have been sold in 0 insider transactions over the past three months.
As on Mar 30, 2021, Bard Associates Inc. was the top most holder in AmpliTech Group Inc. (NASDAQ:AMPG) with an ownership of 91678.0 shares of the company or 0.98% of the stake worth $1.0 million. The filing also reveals Insight Advisors, LLC/ PA as the second largest holder in the company with a control over 0.79% of the outstanding shares. Its stake is worth $0.81 million for having 74150.0 shares in hand.
Virtu Financial LLC also came holding a key position in the company during the recent quarter and it now holds 0.24% of the outstanding shares. With this there are now 4 institutions which have possession in AMPG’s shares.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by AmpliTech Group Inc. was 2.13 while posting a debt to equity ratio of 0.16. The count was 389.93 for long-term debt to equity ratio.
AmpliTech Group Inc.’s return on equity, or ROE, is -53.80%, compared to the industry average of 5.82% for Technology – Communication Equipment. Although this indicates that AMPG fails to use its equity well, the metric will vary significantly depending on the industry.
Technical Analysis of AmpliTech Group Inc. (NASDAQ:AMPG) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for AmpliTech Group Inc. (AMPG), we notice that the stock’s 20-day average volume is at 425,200 shares and 50% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 100% are spotting the stock at Sell with its 50-day average volume of 597,100 shares. And to end, AMPG’s 100-day average volume is 696,699 shares with 50% of the long-term indicators pointing towards Sell for the stock.