Amplifon (OTCMKTS:AMFPF) Trading Up 1.7% – Here’s Why

Shares of Amplifon S.p.A. (OTCMKTS:AMFPF) rose 1.7% during mid-day trading on Monday . The company traded as high as $26.45 and last traded at $26.45. Approximately 3,160 shares changed hands during trading, an increase of 558% from the average daily volume of 480 shares. The stock had previously closed at $26.00.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group raised Amplifon to a “hold” rating in a research note on Thursday, December 12th.

Amplifon Price Performance

The stock has a market cap of $5.96 billion, a P/E ratio of 35.74 and a beta of 0.36. The company has a current ratio of 0.46, a quick ratio of 0.40 and a debt-to-equity ratio of 0.59. The stock’s 50-day moving average is $25.85 and its 200-day moving average is $29.53.

Amplifon (OTCMKTS:AMFPF) last posted its quarterly earnings data on Wednesday, October 30th. The company reported $0.14 EPS for the quarter. The business had revenue of $623.79 million for the quarter. Amplifon had a net margin of 6.58% and a return on equity of 15.15%.

Amplifon Company Profile

Amplifon S.p.A. engages in the distribution of hearing solutions and the fitting of customized products that help people rediscover various emotions of sound in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company offers Ampli-easy, Ampli-connect, Ampli-energy, and Ampli-mini hearing devices.