Amplifon (OTCMKTS:AMFPF) Shares Gap Up – What’s Next?

Amplifon S.p.A. (OTCMKTS:AMFPF)’s share price gapped up before the market opened on Monday . The stock had previously closed at $14.63, but opened at $15.5550. Amplifon shares last traded at $15.5550, with a volume of 170 shares trading hands.

Analysts Set New Price Targets

Separately, BNP Paribas assumed coverage on Amplifon in a research note on Monday, October 20th. They issued an “outperform” rating on the stock. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Amplifon Price Performance

The firm has a 50-day simple moving average of $17.46 and a 200-day simple moving average of $19.88. The firm has a market cap of $3.51 billion, a P/E ratio of 27.78 and a beta of 0.41. The company has a current ratio of 0.61, a quick ratio of 0.53 and a debt-to-equity ratio of 1.03.

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

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.