Amplifon (OTCMKTS:AMFPF) Shares Gap Down – Here’s Why

Amplifon S.p.A. (OTCMKTS:AMFPF) shares gapped down before the market opened on Monday . The stock had previously closed at $12.01, but opened at $11.21. Amplifon shares last traded at $11.21, with a volume of 100 shares trading hands.

Analyst Upgrades and Downgrades

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

Amplifon Price Performance

The stock has a market cap of $2.47 billion, a PE ratio of 31.14 and a beta of 0.68. The business has a fifty day simple moving average of $11.52 and a two-hundred day simple moving average of $13.42. The company has a current ratio of 0.48, a quick ratio of 0.42 and a debt-to-equity ratio of 0.57.

Amplifon (OTCMKTS:AMFPF) last released its earnings results on Monday, June 1st. The company reported $999.00 EPS for the quarter. Amplifon had a return on equity of 16.04% and a net margin of 2.87%. Research analysts forecast that Amplifon S.p.A. will post 3.8 earnings per share for the current year.

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.