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In the latest session, Amarin Corp ADR (NASDAQ: AMRN) closed at $0.78 down -2.05% from its previous closing price of $0.80. In other words, the price has decreased by -$2.05 from its previous closing price. On the day, 0.64 million shares were traded. AMRN stock price reached its highest trading level at $0.8044 during the session, while it also had its lowest trading level at $0.7705.
Ratios:
For a deeper understanding of Amarin Corp ADR’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.93 and its Current Ratio is at 3.07. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jan 22 ’24 when Holt Patrick bought 14,426 shares for $1.09 per share. The transaction valued at 15,724 led to the insider holds 314,426 shares of the business.
Ketchum Steven B sold 34,131 shares of AMRN for $26,963 on Dec 12 ’23. The Chief Scientific Officer now owns 566,100 shares after completing the transaction at $0.79 per share. On Aug 16 ’23, another insider, Holt Patrick, who serves as the President and CEO of the company, bought 300,000 shares for $1.04 each. As a result, the insider paid 312,315 and bolstered with 300,000 shares of the company.
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 320477792 and an Enterprise Value of 22412554. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.15 while its Price-to-Book (P/B) ratio in mrq is 0.59. Its current Enterprise Value per Revenue stands at 0.081 whereas that against EBITDA is -0.978.
Stock Price History:
Over the past 52 weeks, AMRN has reached a high of $1.37, while it has fallen to a 52-week low of $0.63. The 50-Day Moving Average of the stock is 0.85%, while the 200-Day Moving Average is calculated to be -12.37%.
Shares Statistics:
For the past three months, AMRN has traded an average of 1.48M shares per day and 918530 over the past ten days. A total of 410.74M shares are outstanding, with a floating share count of 409.14M. Insiders hold about 0.39% of the company’s shares, while institutions hold 22.03% stake in the company. Shares short for AMRN as of 1721001600 were 18931154 with a Short Ratio of 12.76, compared to 1718323200 on 19020869. Therefore, it implies a Short% of Shares Outstanding of 18931154 and a Short% of Float of 4.67.
