Amplifon (OTCMKTS:AMFPF) Trading Down 5.1% – Should You Sell?

Amplifon S.p.A. (OTCMKTS:AMFPF)’s share price dropped 5.1% on Friday . The company traded as low as $11.97 and last traded at $11.97. Approximately 100 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 930 shares. The stock had previously closed at $12.61.

Analyst Upgrades and Downgrades

AMFPF has been the subject of a number of analyst reports. Zacks Research upgraded shares of Amplifon to a “hold” rating in a research report on Tuesday, April 28th. Jefferies Financial Group downgraded shares of Amplifon from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 18th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Amplifon Stock Performance

The company has a current ratio of 0.62, a quick ratio of 0.54 and a debt-to-equity ratio of 1.14. The firm’s 50-day moving average is $10.89 and its two-hundred day moving average is $14.19. The stock has a market cap of $2.63 billion, a price-to-earnings ratio of 15.35 and a beta of 0.63.

About Amplifon

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.