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The price of Amarin Corp ADR (NASDAQ: AMRN) closed at $0.64 in the last session, up 16.17% from day before closing price of $0.55. In other words, the price has increased by $16.17 from its previous closing price. On the day, 3.15 million shares were traded. AMRN stock price reached its highest trading level at $0.6397 during the session, while it also had its lowest trading level at $0.5442.
Ratios:
We take a closer look at AMRN’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AMRN now has a Market Capitalization of 261281904 and an Enterprise Value of -36235020. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.08 while its Price-to-Book (P/B) ratio in mrq is 0.49. Its current Enterprise Value per Revenue stands at -0.15 whereas that against EBITDA is 0.887.
Stock Price History:
The Beta on a monthly basis for AMRN is 1.84, which has changed by -0.5833334 over the last 52 weeks, in comparison to a change of 0.24440956 over the same period for the S&P500. Over the past 52 weeks, AMRN has reached a high of $1.37, while it has fallen to a 52-week low of $0.43. The 50-Day Moving Average of the stock is 24.91%, while the 200-Day Moving Average is calculated to be -4.87%.
Shares Statistics:
According to the various share statistics, AMRN traded on average about 1.53M shares per day over the past 3-months and 982330 shares per day over the past 10 days. A total of 411.26M shares are outstanding, with a floating share count of 409.93M. Insiders hold about 0.32% of the company’s shares, while institutions hold 16.50% stake in the company. Shares short for AMRN as of 1735603200 were 18719684 with a Short Ratio of 12.27, compared to 1732838400 on 17948640. Therefore, it implies a Short% of Shares Outstanding of 18719684 and a Short% of Float of 4.6.
Earnings Estimates
The current market rating for Amarin Corp ADR (AMRN) reflects the collective analysis of 1.0 analysts closely monitoring its performance.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
According to 2 analysts, the current quarter’s revenue is expected to be $31.69M. It ranges from a high estimate of $33.98M 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 $36.86M. There is a high estimate of $36.86M for the next quarter, whereas the lowest estimate is $36.86M.
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 $201.8M. In the same quarter a year ago, actual revenue was $306.91MBased on 3 analysts’ estimates, the company’s revenue will be $170.43M in the next fiscal year. The high estimate is $181.36M and the low estimate is $153M.
