AmpliTech Group (NASDAQ:AMPG) Posts Earnings Results, Misses Expectations By $0.20 EPS

AmpliTech Group (NASDAQ:AMPG) released its quarterly earnings data on Tuesday. The company reported ($0.32) EPS for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.20), Zacks reports. AmpliTech Group had a negative net margin of 68.09% and a negative return on equity of 35.34%.

AmpliTech Group Stock Performance

NASDAQ AMPG opened at $1.55 on Tuesday. The stock has a fifty day simple moving average of $1.84 and a 200-day simple moving average of $1.68. The company has a current ratio of 4.91, a quick ratio of 1.98 and a debt-to-equity ratio of 0.02. The stock has a market cap of $30.47 million, a PE ratio of -1.91 and a beta of -1.21. AmpliTech Group has a twelve month low of $0.64 and a twelve month high of $6.43.

AmpliTech Group Company Profile

AmpliTech Group, Inc designs, engineers, and assembles micro-wave component-based amplifiers. The company’s products include radio frequency (RF) amplifiers and related subsystems, such as low noise amplifiers for use in receivers of various communication systems comprising Wi-Fi, radar, satellite, base station, cell phone, radio, etc.; and medium power amplifiers that provide enhanced output power and gain in transceiver chains.