Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
As of close of business last night, Amarin Corp ADR’s stock clocked out at $0.57, down -2.39% from its previous closing price of $0.59. In other words, the price has decreased by -$2.39 from its previous closing price. On the day, 0.68 million shares were traded.
Ratios:
To gain a deeper understanding of AMRN’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.11 and its Current Ratio is at 3.23. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.02.
On October 25, 2023, Jefferies Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $3 to $1.
Jefferies Upgraded its Hold to Buy on January 06, 2023, whereas the target price for the stock was revised from $1.30 to $3.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 02 ’24 when Berg Aaron bought 160,000 shares for $0.64 per share. The transaction valued at 102,400 led to the insider holds 805,380 shares of the business.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.98 while its Price-to-Book (P/B) ratio in mrq is 0.45.
Stock Price History:
Over the past 52 weeks, AMRN has reached a high of $1.36, while it has fallen to a 52-week low of $0.43. The 50-Day Moving Average of the stock is 7.71%, while the 200-Day Moving Average is calculated to be -8.90%.
Shares Statistics:
A total of 411.26M shares are outstanding, with a floating share count of 409.54M. Insiders hold about 0.42% of the company’s shares, while institutions hold 17.77% stake in the company.
Earnings Estimates
The stock of Amarin Corp ADR (AMRN) is currently in the spotlight, with 1.0 analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between -$0.08 and -$0.08 for the fiscal current year, implying an average EPS of -$0.08. EPS for the following year is -$0.22, with 1.0 analysts recommending between -$0.22 and -$0.22.
Revenue Estimates
In the current quarter, 2 analysts expect revenue to total $32.37M. It ranges from a high estimate of $35.35M to a low estimate of $29.4M. As of the current estimate, Amarin Corp ADR’s year-ago sales were $74.71MFor the next quarter, 2 analysts are estimating revenue of $39.27M. There is a high estimate of $39.27M for the next quarter, whereas the lowest estimate is $39.27M.
A total of 3 analysts have provided revenue estimates for AMRN’s current fiscal year. The highest revenue estimate was $209.42M, while the lowest revenue estimate was $195.7M, resulting in an average revenue estimate of $202.26M. In the same quarter a year ago, actual revenue was $306.91MBased on 3 analysts’ estimates, the company’s revenue will be $168.75M in the next fiscal year. The high estimate is $181.36M and the low estimate is $153M.
