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

Amplifon S.p.A. (OTCMKTS:AMFPF) reached a new 52-week low during trading on Thursday . The company traded as low as $3.2550 and last traded at $3.2550, with a volume of 14322 shares. The stock had previously closed at $15.5550.

Wall Street Analyst Weigh In

Separately, BNP Paribas started coverage on Amplifon in a research note on Monday, October 20th. They set an “outperform” rating on the stock. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat, Amplifon has a consensus rating of “Buy”.

Amplifon Price Performance

The company has a debt-to-equity ratio of 1.14, a quick ratio of 0.54 and a current ratio of 0.62. The business’s 50 day moving average is $15.56 and its 200-day moving average is $18.01. The stock has a market cap of $3.72 billion, a price-to-earnings ratio of 29.45 and a beta of 0.44.

Amplifon (OTCMKTS:AMFPF) last released its earnings results on Thursday, November 6th. The company reported $0.10 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.10. Amplifon had a net margin of 4.74% and a return on equity of 14.28%. The business had revenue of $661.00 million during the quarter, compared to analyst estimates of $673.24 million.

Amplifon Company Profile

Amplifon is a global leader in hearing care, specializing in the retail and distribution of hearing aids, accessories and related services. The company offers a full suite of solutions including diagnostic hearing assessments, personalized hearing aid fittings, follow-up care, tinnitus management and hearing protection. Through its network of branded stores and partner outlets, Amplifon serves individuals across the full spectrum of hearing needs, from prevention and early detection to long-term aftercare.

Founded in Milan in 1950 by Algernon Charles Holland, Amplifon has grown from a single audiology centre into a multinational organization.