Amplifon (OTCMKTS:AMFPF) Hits New 1-Year Low – Should You Sell?

Amplifon S.p.A. (OTCMKTS:AMFPF) shares hit a new 52-week low during mid-day trading on Friday . The company traded as low as $15.7875 and last traded at $15.7875, with a volume of 2880 shares. The stock had previously closed at $18.00.

Wall Street Analysts Forecast Growth

Separately, BNP Paribas began coverage on shares of Amplifon in a research report on Monday, October 20th. They set an “outperform” rating for the company. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Amplifon Stock Down 12.3%

The business has a 50 day simple moving average of $17.74 and a 200 day simple moving average of $20.03. The company has a market capitalization of $3.56 billion, a price-to-earnings ratio of 28.19 and a beta of 0.41. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.61 and a quick ratio of 0.53.

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

Amplifon Company Profile

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.