Amplifon (OTCMKTS:AMFPF) Shares Gap Up – Time to Buy?

Amplifon S.p.A. (OTCMKTS:AMFPF) gapped up prior to trading on Monday . The stock had previously closed at $14.63, but opened at $15.5550. Amplifon shares last traded at $15.5550, with a volume of 170 shares.

Analyst Ratings Changes

Separately, BNP Paribas started coverage on Amplifon in a research report on Monday, October 20th. They issued an “outperform” rating for the company. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Amplifon has a consensus rating of “Moderate Buy”.

Amplifon Price Performance

The stock has a market capitalization of $3.51 billion, a P/E ratio of 27.78 and a beta of 0.41. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.53 and a current ratio of 0.61. The firm has a fifty day moving average price of $17.46 and a two-hundred day moving average price of $19.88.

Amplifon (OTCMKTS:AMFPF) last issued its quarterly earnings results on Thursday, November 6th. The company reported $0.10 earnings per share for the quarter, hitting the consensus estimate of $0.10. The business had revenue of $661.00 million for the quarter, compared to analysts’ expectations of $673.24 million. Amplifon had a net margin of 4.74% and a return on equity of 14.09%.

About Amplifon

Amplifon S.p.A. engages in the distribution of hearing solutions and the fitting of customized products that help people rediscover various emotions of sound in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company offers Ampli-easy, Ampli-connect, Ampli-energy, and Ampli-mini hearing devices.