Bard Associates Inc. Sells 316,313 Shares of AmpliTech Group, Inc. (NASDAQ:AMPG)

Bard Associates Inc. cut its stake in shares of AmpliTech Group, Inc. (NASDAQ:AMPG) by 15.9% during the 4th quarter, HoldingsChannel reports. The firm owned 1,673,101 shares of the company’s stock after selling 316,313 shares during the period. AmpliTech Group comprises 2.9% of Bard Associates Inc.’s investment portfolio, making the stock its 4th largest position. Bard Associates Inc. owned about 0.10% of AmpliTech Group worth $8,600,000 as of its most recent filing with the Securities and Exchange Commission.

AmpliTech Group Price Performance

Shares of AMPG opened at $1.55 on Tuesday. The company has a quick ratio of 1.98, a current ratio of 4.91 and a debt-to-equity ratio of 0.02. The stock has a market cap of $27.10 million, a PE ratio of -1.91 and a beta of -1.27. AmpliTech Group, Inc. has a 12-month low of $0.64 and a 12-month high of $6.43. The business has a 50-day simple moving average of $2.60 and a two-hundred day simple moving average of $1.56.

About AmpliTech Group

AmpliTech Group, Inc designs, engineers, and assembles micro-wave component-based amplifiers. The company’s products include radio frequency (RF) amplifiers and related subsystems, such as low noise amplifiers for use in receivers of various communication systems comprising Wi-Fi, radar, satellite, base station, cell phone, radio, etc.; and medium power amplifiers that provide enhanced output power and gain in transceiver chains.