Short Interest in Amplifon S.p.A. (OTCMKTS:AMFPF) Increases By 13.3%

Amplifon S.p.A. (OTCMKTS:AMFPF) saw a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 3,636,400 shares, a growth of 13.3% from the December 31st total of 3,209,700 shares. Based on an average trading volume of 300 shares, the short-interest ratio is currently 12,121.3 days.

Wall Street Analyst Weigh In

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

Amplifon Price Performance

AMFPF opened at $27.21 on Friday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.40 and a current ratio of 0.46. The stock has a market capitalization of $6.14 billion, a PE ratio of 36.77 and a beta of 0.35. The company’s 50 day simple moving average is $26.00 and its 200 day simple moving average is $28.86. Amplifon has a 1 year low of $25.00 and a 1 year high of $35.00.

Amplifon (OTCMKTS:AMFPF) last issued its earnings results on Wednesday, October 30th. The company reported $0.14 earnings per share (EPS) for the quarter. Amplifon had a return on equity of 15.15% and a net margin of 6.58%. The business had revenue of $623.79 million during the quarter.

Amplifon Company Profile

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.