Amplifon (OTCMKTS:AMFPF) Reaches New 12-Month Low – Here’s Why

Amplifon S.p.A. (OTCMKTS:AMFPF) shares reached a new 52-week low during trading on Monday . The stock traded as low as $10.50 and last traded at $10.50, with a volume of 310 shares changing hands. The stock had previously closed at $15.6650.

Amplifon Stock Up 2.1%

The business has a 50-day simple moving average of $15.52 and a two-hundred day simple moving average of $16.40. The company has a market capitalization of $2.37 billion, a price-to-earnings ratio of 18.75 and a beta of 0.46. The company has a debt-to-equity ratio of 1.14, a quick ratio of 0.54 and a current ratio of 0.62.

About Amplifon

Amplifon is a global leader in hearing care, specializing in the retail and distribution of hearing aids, accessories and related services. The company offers a full suite of solutions including diagnostic hearing assessments, personalized hearing aid fittings, follow-up care, tinnitus management and hearing protection. Through its network of branded stores and partner outlets, Amplifon serves individuals across the full spectrum of hearing needs, from prevention and early detection to long-term aftercare.

Founded in Milan in 1950 by Algernon Charles Holland, Amplifon has grown from a single audiology centre into a multinational organization.