Amplifon (OTCMKTS:AMFPF) Shares Gap Up – What’s Next?

Amplifon S.p.A. (OTCMKTS:AMFPFGet Free Report)’s share price gapped up before the market opened on Tuesday . The stock had previously closed at $10.49, but opened at $11.68. Amplifon shares last traded at $11.92, with a volume of 200 shares.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the company. Jefferies Financial Group lowered Amplifon from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 18th. Zacks Research upgraded Amplifon to a “hold” rating in a research note on Tuesday, April 28th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy”.

Check Out Our Latest Research Report on AMFPF

Amplifon Stock Performance

The company has a 50 day moving average price of $11.62 and a 200-day moving average price of $14.72. The company has a current ratio of 0.62, a quick ratio of 0.54 and a debt-to-equity ratio of 1.14. The company has a market cap of $2.62 billion, a P/E ratio of 21.29 and a beta of 0.63.

About Amplifon

(Get Free Report)

Amplifon is a global leader in hearing care, specializing in the retail and distribution of hearing aids, accessories and related services. The company offers a full suite of solutions including diagnostic hearing assessments, personalized hearing aid fittings, follow-up care, tinnitus management and hearing protection. Through its network of branded stores and partner outlets, Amplifon serves individuals across the full spectrum of hearing needs, from prevention and early detection to long-term aftercare.

Founded in Milan in 1950 by Algernon Charles Holland, Amplifon has grown from a single audiology centre into a multinational organization.

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