Amplifon (OTCMKTS:AMFPF) Cut to “Hold” at Jefferies Financial Group

Jefferies Financial Group lowered shares of Amplifon (OTCMKTS:AMFPF) from a strong-buy rating to a hold rating in a report published on Wednesday,Zacks.com reports.

Amplifon Stock Performance

Shares of AMFPF opened at $9.46 on Wednesday. The business has a 50-day simple moving average of $15.11 and a two-hundred day simple moving average of $16.25. The company has a quick ratio of 0.54, a current ratio of 0.62 and a debt-to-equity ratio of 1.14. Amplifon has a 52 week low of $9.46 and a 52 week high of $23.85. The stock has a market cap of $2.13 billion, a price-to-earnings ratio of 16.89 and a beta of 0.46.

Amplifon Company Profile

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.