AmpliTech Group (NASDAQ:AMPGW) Trading Down 2.1% – Here’s Why

Shares of AmpliTech Group, Inc. (NASDAQ:AMPGWGet Free Report) fell 2.1% during mid-day trading on Tuesday . The company traded as low as $0.39 and last traded at $0.49. 5,804 shares traded hands during mid-day trading, a decline of 56% from the average session volume of 13,342 shares. The stock had previously closed at $0.50.

AmpliTech Group Stock Down 2.1%

The business’s 50 day moving average price is $0.54 and its 200-day moving average price is $0.52.

About AmpliTech Group

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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.

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