In a filing, Amplitech Group Inc revealed its Chairman, CEO Maqbool Fawad acquired Company’s shares for reported $5841.0 on Aug 30 ’24. In the deal valued at $0.73 per share,8,000 shares were bought. As a result of this transaction, Maqbool Fawad now holds 2,663,364 shares worth roughly $4.82 million.
Then, Flores Jorge Luis bought 500 shares, generating $469 in total proceeds. Upon buying the shares at $0.94, the Chief Operating Officer now owns 14,500 shares.
Before that, Flores Jorge Luis bought 5,500 shares. Amplitech Group Inc shares valued at $5,162 were divested by the Chief Operating Officer at a price of $0.94 per share. As a result of the transaction, Flores Jorge Luis now holds 20,000 shares, worth roughly $36200.0.
Price Performance Review of AMPG
On Monday, Amplitech Group Inc [NASDAQ:AMPG] saw its stock fall -24.58% to $1.81. Over the last five days, the stock has lost -57.61%. Amplitech Group Inc shares have fallen nearly -64.79% since the year began. Nevertheless, the stocks have fallen -6.70% over the past one year. While a 52-week high of $6.43 was reached on 01/02/25, a 52-week low of $0.64 was recorded on 01/13/25. SMA at 50 days reached $1.90, while 200 days put it at $1.45.
Levels Of Support And Resistance For AMPG Stock
The 24-hour chart illustrates a support level at 1.65, which if violated will result in even more drops to 1.49. On the upside, there is a resistance level at 2.11. A further resistance level may holdings at 2.41. The Relative Strength Index (RSI) on the 14-day chart is 40.48, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.62, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 99.58%. Stochastics %K at 7.16% indicates the stock is a buying.
How much short interest is there in Amplitech Group Inc?
A steep rise in short interest was recorded in Amplitech Group Inc stocks on 2024-10-31, growing by 21234.0 shares to a total of 53270.0 shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 32036.0 shares. There was a rise of 39.86%, which implies that there is a positive sentiment for the stock.
