Amplifon (OTCMKTS:AMFPF) Shares Gap Up – Still a Buy?

Amplifon S.p.A. (OTCMKTS:AMFPF)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $10.49, but opened at $12.61. Amplifon shares last traded at $12.61, with a volume of 100 shares traded.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on AMFPF shares. 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 report on Tuesday, April 28th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Amplifon Stock Performance

The stock has a market cap of $2.77 billion, a P/E ratio of 16.59 and a beta of 0.63. The firm’s fifty day moving average price is $11.12 and its two-hundred day moving average price is $14.43. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.62 and a quick ratio of 0.54.

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.