AmpliTech Group (NASDAQ:AMPG) Stock Price Down 2.6%

AmpliTech Group, Inc. (NASDAQ:AMPG) shares were down 2.6% on Tuesday . The company traded as low as $2.22 and last traded at $2.27. Approximately 10,598 shares changed hands during mid-day trading, a decline of 54% from the average daily volume of 22,894 shares. The stock had previously closed at $2.33.

AmpliTech Group Price Performance

The stock’s 50 day simple moving average is $2.00 and its two-hundred day simple moving average is $1.91. The stock has a market cap of $21.58 million, a P/E ratio of -9.20 and a beta of 0.96.

Institutional Trading of AmpliTech Group

Institutional investors have recently made changes to their positions in the business. Jane Street Group LLC bought a new stake in shares of AmpliTech Group in the first quarter worth $34,000. Dimensional Fund Advisors LP bought a new stake in shares of AmpliTech Group in the fourth quarter worth $29,000. Susquehanna International Group LLP bought a new stake in shares of AmpliTech Group in the first quarter worth $43,000. BlackRock Inc. bought a new stake in shares of AmpliTech Group in the second quarter worth $38,000. Finally, Millennium Management LLC bought a new stake in shares of AmpliTech Group in the second quarter worth $35,000. Institutional investors own 10.99% of the company’s stock.

AmpliTech Group Company Profile

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.