Amplitech Group Inc (NASDAQ:AMPG) major shareholder Corp Microphase sold 461,363 shares of the business’s stock in a transaction dated Monday, October 23rd. The stock was sold at an average price of $0.04, for a total value of $18,454.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Amplitech Group Inc (NASDAQ:AMPG) traded up 2.1220% during midday trading on Tuesday, hitting $0.0385. The company had a trading volume of 62,845 shares. The company has a 50 day moving average price of $0.02 and a 200 day moving average price of $0.02. The firm has a market capitalization of $1.78 million and a P/E ratio of 4.8125. Amplitech Group Inc has a 1-year low of $0.03 and a 1-year high of $0.11.

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Amplitech Group Company Profile

AmpliTech Group, Inc designs, engineers and assembles micro-wave component-based amplifiers. The Company’s products consist of radio frequency (RF) amplifiers and related subsystems, operating at multiple frequencies from 50 kilohertz (kHz) to 44 gigahertz (GHz), including Low Noise Amplifiers, Medium Power Amplifiers, oscillators, filters and custom assembly designs.

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