AmpliTech Group (NASDAQ:AMPG) Announces Earnings Results, Misses Estimates By $0.20 EPS

AmpliTech Group (NASDAQ:AMPG) released its earnings results on Tuesday. The company reported ($0.32) earnings per share for the quarter, missing the consensus estimate 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 Trading Up 2.6 %

Shares of AMPG stock opened at $1.55 on Tuesday. The stock has a market capitalization of $30.47 million, a P/E ratio of -1.91 and a beta of -1.21. AmpliTech Group has a fifty-two week low of $0.64 and a fifty-two week high of $6.43. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.98 and a current ratio of 4.91. The company has a 50 day moving average price of $1.84 and a 200 day moving average price of $1.68.

About AmpliTech Group

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.