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

Amplifon S.p.A. (OTCMKTS:AMFPF)’s share 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.

Wall Street Analyst Weigh In

AMFPF has been the subject of several research analyst reports. Zacks Research raised Amplifon to a “hold” rating in a research report on Tuesday, April 28th. Jefferies Financial Group downgraded 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 given a Hold rating to the stock. According to data from MarketBeat.com, Amplifon has an average rating of “Moderate Buy”.

Amplifon Price Performance

The business’s 50-day moving average price is $11.24 and its 200 day moving average price is $14.50. The company has a market capitalization of $2.77 billion, a P/E ratio of 16.59 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.

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.