Amplifon (OTCMKTS:AMFPF) Shares Down 18.7% – Here’s Why

Amplifon S.p.A. (OTCMKTS:AMFPF)’s stock price was down 18.7% during trading on Thursday . The stock traded as low as $22.45 and last traded at $22.45. Approximately 100 shares traded hands during trading, a decline of 92% from the average daily volume of 1,220 shares. The stock had previously closed at $27.60.

Analyst Ratings Changes

Separately, The Goldman Sachs Group upgraded shares of Amplifon to a “hold” rating in a research report on Thursday, December 12th.

Amplifon Price Performance

The firm has a 50 day moving average of $26.87 and a 200-day moving average of $27.86. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.47 and a quick ratio of 0.40. The stock has a market capitalization of $5.06 billion, a P/E ratio of 30.34 and a beta of 0.35.

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.