Amplifon (OTCMKTS:AMFPF) Hits New 12-Month Low – Here’s What Happened

Amplifon S.p.A. (OTCMKTS:AMFPF)’s share price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $14.63 and last traded at $14.63, with a volume of 467 shares changing hands. The stock had previously closed at $18.00.

Wall Street Analyst Weigh In

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

Amplifon Stock Performance

The stock has a market cap of $3.30 billion, a price-to-earnings ratio of 26.13 and a beta of 0.41. The stock’s 50-day moving average is $17.60 and its 200-day moving average is $19.97. 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 posted its quarterly earnings results on Thursday, November 6th. The company reported $0.10 EPS for the quarter, meeting the consensus estimate of $0.10. The company had revenue of $661.00 million during the quarter, compared to analysts’ expectations of $673.24 million. Amplifon had a return on equity of 14.09% and a net margin of 4.74%.

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.