Amplify Energy Corp (OTCMKTS:AMPY) Director Sells $273,400.00 in Stock

Amplify Energy Corp (OTCMKTS:AMPY) Director Christopher W. Hamm sold 5,000 shares of Amplify Energy stock in a transaction on Friday, September 20th. The stock was sold at an average price of $54.68, for a total value of $273,400.00.

Shares of OTCMKTS AMPY traded down $0.15 during mid-day trading on Wednesday, reaching $6.33. The company had a trading volume of 145,425 shares, compared to its average volume of 260,944. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.71. The stock has a market cap of $132.09 million, a PE ratio of 7.91 and a beta of 0.64. The company has a 50-day moving average price of $5.83 and a two-hundred day moving average price of $6.24. Amplify Energy Corp has a 1-year low of $4.01 and a 1-year high of $13.23.

Amplify Energy (OTCMKTS:AMPY) last issued its earnings results on Monday, August 5th. The company reported $0.80 earnings per share (EPS) for the quarter. Amplify Energy had a return on equity of 5.15% and a net margin of 6.27%. The business had revenue of $59.53 million for the quarter.



The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 18th. Stockholders of record on Wednesday, September 4th were issued a dividend of $0.20 per share. The ex-dividend date of this dividend was Tuesday, September 3rd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 12.64%.

An institutional investor recently bought a new position in Amplify Energy stock. Public Employees Retirement System of Ohio purchased a new stake in shares of Amplify Energy Corp (OTCMKTS:AMPY) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 52,746 shares of the company’s stock, valued at approximately $311,000. Public Employees Retirement System of Ohio owned approximately 0.26% of Amplify Energy at the end of the most recent quarter. Hedge funds and other institutional investors own 0.27% of the company’s stock.

Separately, ValuEngine upgraded Amplify Energy from a “strong sell” rating to a “sell” rating in a report on Thursday, August 1st.

Amplify Energy Company Profile

Amplify Energy Corp. engages in the acquisition, development, exploitation, and production of oil and natural gas properties in the United States. The company's properties consist of operated and non-operated working interests in producing and undeveloped leasehold acreage, as well as working interests in identified producing wells located in the Rockies, federal waters offshore Southern California, East Texas/North Louisiana, and South Texas.

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