Amplitech Group Inc (NASDAQ:AMPG) shares, rose in value on Thursday, April 16, with the stock price down by -7.23% to the previous day’s close as strong demand from buyers drove the stock to $1.54.
Actively observing the price movement in the last trading, the stock closed the session at $1.66, falling within a range of $1.5 and $1.61. The value of beta (5-year monthly) was -0.958. Referring to stock’s 52-week performance, its high was $6.43, and the low was $0.64. On the whole, AMPG has fluctuated by -17.65% over the past month.
With the market capitalization of Amplitech Group Inc currently standing at about $30.27 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-30.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 17M, with a low estimate of 3M and a high estimate of 3M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 3M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that AMPG’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the price of AMPG currently trading nearly 5.34% and -9.44% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 50.67, while the 7-day volatility ratio is showing 12.51% which for the 30-day chart, stands at 10.51%. Furthermore, Amplitech Group Inc (AMPG)’s beta value is -0.72, and its average true range (ATR) is 0.16.
A comparison of Amplitech Group Inc (AMPG) with its peers suggests the former has fared considerably weaker in the market. AMPG showed an intraday change of -7.23% in last session, and over the past year, it shrunk by -31.55%%.
Data on historical trading for Amplitech Group Inc (NASDAQ:AMPG) indicates that the trading volumes over the past 10 days have averaged 0.44 and over the past 3 months, they’ve averaged 560.28K. According to company’s latest data on outstanding shares, there are 19.66 million shares outstanding.
Nearly 15.41% of Amplitech Group Inc’s shares belong to company insiders and institutional investors own 10.99% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.47 million shares as on 2025-03-31, resulting in a short ratio of 1.73. According to the data, the short interest in Amplitech Group Inc (AMPG) stood at 279.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 0.41 million. The stock has fallen by -70.04% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the AMPG stock heading into the next quarter.
