Amplifon (OTCMKTS:AMFPF – Get Free Report) was downgraded by equities research analysts at Jefferies Financial Group from a “strong-buy” rating to a “hold” rating in a research report issued on Wednesday,Zacks.com reports.
Amplifon Stock Down 8.0%
AMFPF opened at $9.46 on Wednesday. Amplifon has a 12 month low of $9.46 and a 12 month high of $23.85. 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 business’s 50-day moving average price is $15.26 and its 200-day moving average price is $16.30. The company has a market cap of $2.13 billion, a P/E ratio of 16.89 and a beta of 0.46.
About Amplifon
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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