Amplitech Group Inc (NASDAQ: AMPG) – Time For Strategy Change?

Amplitech Group Inc (NASDAQ:AMPG) currently has a daily average trading volume of 6.16M but it saw 20141952 shares traded in last market. With a market cap of 79.70M USD, the company’s current market price of $5.12 came rising about 26.73 while comparing to the previous closing price of $4.04. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.35 and as low as $0.64. In the recent trading on the day, stock has struck highest price mark of $3.35 while lowest mark touched by it was $5.43.

Taking a look at 20-day trading activity of Amplitech Group Inc (AMPG) gives us an average price of $1.86, while its current price level is 17.70% below from 52-week high level whereas it is 700.00% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.31 while that of 200 days or SMA-200 reads an average of $1.35. A closer look into the stock’s movement over the week reveals that its volatility is standing at 35.46% during that period while stretching the period over a month that decreases to 26.13%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 84.60 which implies that the stock is in overbought territory.

Over the week, AMPG’s stock price is moving 130.63% up while it is 450.54% when we observe its performance for the past one month. Year-to-date it is 172.34% up and over the past year, the stock is showing an upside performance of 162.56%.

Currently, Amplitech Group Inc’s total number of outstanding shares is 15.57M. Company’s return on investment (ROI) stands at -31.84% and return on equity (ROE) at -33.47%. Stock’s beta reads 0.46. Stock has a price to book (P/B) ratio of 2.79 while price to sale or P/S ratio amounts to 6.83. Its return on asset (ROA) is -26.41% on average.