Amplifon S.p.A. (OTCMKTS:AMFPF) Sees Significant Drop in Short Interest

Amplifon S.p.A. (OTCMKTS:AMFPF) saw a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 3,394,000 shares, a decline of 24.2% from the March 31st total of 4,476,700 shares. Based on an average daily volume of 1,200 shares, the short-interest ratio is currently 2,828.3 days. Approximately 1.5% of the shares of the company are sold short.

Amplifon Price Performance

Amplifon stock opened at $19.00 on Friday. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.47 and a quick ratio of 0.40. Amplifon has a 1-year low of $19.00 and a 1-year high of $35.00. The stock’s 50 day moving average price is $21.57 and its 200 day moving average price is $24.94. The company has a market cap of $4.28 billion, a PE ratio of 25.68 and a beta of 0.45.

Amplifon (OTCMKTS:AMFPF) last released its quarterly earnings results on Thursday, March 20th. The company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by ($0.03). The firm had revenue of $687.81 million for the quarter, compared to analyst estimates of $622.52 million. Amplifon had a return on equity of 15.11% and a net margin of 6.58%.

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.