AmpliTech Group (NASDAQ:AMPG) Releases Earnings Results, Misses Expectations By $0.20 EPS

AmpliTech Group (NASDAQ:AMPG) released its quarterly earnings data on Monday. The company reported ($0.32) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.12) by ($0.20), Zacks reports. AmpliTech Group had a negative return on equity of 35.34% and a negative net margin of 68.09%.

AmpliTech Group Trading Down 4.5 %

Shares of NASDAQ AMPG traded down $0.07 during midday trading on Tuesday, reaching $1.48. 125,228 shares of the stock were exchanged, compared to its average volume of 1,381,967. The stock has a market capitalization of $29.10 million, a P/E ratio of -1.83 and a beta of -1.21. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.98 and a current ratio of 4.91. The company has a 50 day simple moving average of $1.84 and a 200 day simple moving average of $1.68. AmpliTech Group has a twelve month low of $0.64 and a twelve month high of $6.43.

AmpliTech Group Company Profile

AmpliTech Group, Inc designs, engineers, and assembles micro-wave component-based amplifiers. The company’s products include radio frequency (RF) amplifiers and related subsystems, such as low noise amplifiers for use in receivers of various communication systems comprising Wi-Fi, radar, satellite, base station, cell phone, radio, etc.; and medium power amplifiers that provide enhanced output power and gain in transceiver chains.