Amplify Energy (OTCMKTS:AMPY) Upgraded at ValuEngine

ValuEngine upgraded shares of Amplify Energy (OTCMKTS:AMPY) from a strong sell rating to a sell rating in a research note published on Thursday, ValuEngine reports.

OTCMKTS AMPY opened at $4.19 on Thursday. Amplify Energy has a 52-week low of $3.70 and a 52-week high of $11.50. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.02 and a quick ratio of 1.02. The company has a market cap of $91.75 million, a P/E ratio of 7.75 and a beta of 0.65. The stock’s fifty day moving average is $5.21.

Amplify Energy (OTCMKTS:AMPY) last posted its quarterly earnings data on Thursday, May 9th. The company reported ($1.42) 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 company had revenue of $65.16 million for the quarter.

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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