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

Shares of Amplifon S.p.A. (OTCMKTS:AMFPF) gapped up prior to trading 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.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on AMFPF shares. Jefferies Financial Group cut shares of Amplifon from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 18th. Zacks Research raised shares of 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 assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy”.

Amplifon Stock Performance

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

Amplifon Company Profile

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.