Short Interest in Amplifon S.p.A. (OTCMKTS:AMFPF) Drops By 15.2%

Amplifon S.p.A. (OTCMKTS:AMFPF) was the recipient of a significant decline in short interest in November. As of November 30th, there was short interest totalling 3,270,200 shares, a decline of 15.2% from the November 15th total of 3,856,800 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 32,702.0 days.

Amplifon Stock Performance

OTCMKTS:AMFPF opened at $25.00 on Monday. The firm has a market capitalization of $5.66 billion, a PE ratio of 33.78 and a beta of 0.40. The company has a quick ratio of 0.40, a current ratio of 0.46 and a debt-to-equity ratio of 0.59. Amplifon has a 12-month low of $25.00 and a 12-month high of $35.00. The firm has a 50-day moving average price of $26.92 and a 200 day moving average price of $30.92.

Amplifon (OTCMKTS:AMFPF) last posted its earnings results on Wednesday, October 30th. The company reported $0.14 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.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group raised shares of Amplifon to a “hold” rating in a report on Thursday.

About Amplifon

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.