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The price of Amneal Pharmaceuticals Inc (NASDAQ: AMRX) closed at $7.18 in the last session, down -2.05% from day before closing price of $7.33. In other words, the price has decreased by -$2.05 from its previous closing price. On the day, 0.91 million shares were traded. AMRX stock price reached its highest trading level at $7.395 during the session, while it also had its lowest trading level at $7.07.
Ratios:
We take a closer look at AMRX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.97 and its Current Ratio is at 1.65.
On March 08, 2021, Goldman Upgraded its rating to Buy which previously was Sell and also upped its target price recommendation from $4 to $6.50.
Guggenheim Upgraded its Neutral to Buy on December 14, 2020, while the target price for the stock was maintained at $5.50.
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 May 17 ’24 when Autor Deborah M. sold 23,447 shares for $6.73 per share. The transaction valued at 157,728 led to the insider holds 93,402 shares of the business.
Autor Deborah M. sold 14,553 shares of AMRX for $98,378 on May 16 ’24. The Director now owns 116,849 shares after completing the transaction at $6.76 per share. On Aug 11 ’23, another insider, BOYER ANDREW S, who serves as the Executive Vice President of the company, sold 29,302 shares for $4.13 each. As a result, the insider received 120,921 and left with 244,739 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, AMRX now has a Market Capitalization of 2262417920 and an Enterprise Value of 4960607744. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.89 while its Price-to-Book (P/B) ratio in mrq is 111.28. Its current Enterprise Value per Revenue stands at 1.988 whereas that against EBITDA is 9.266.
Stock Price History:
Over the past 52 weeks, AMRX has reached a high of $7.74, while it has fallen to a 52-week low of $3.09. The 50-Day Moving Average of the stock is 4.03%, while the 200-Day Moving Average is calculated to be 25.40%.
Shares Statistics:
According to the various share statistics, AMRX traded on average about 1.43M shares per day over the past 3-months and 975840 shares per day over the past 10 days. A total of 306.56M shares are outstanding, with a floating share count of 111.14M. Insiders hold about 63.99% of the company’s shares, while institutions hold 27.89% stake in the company. Shares short for AMRX as of 1721001600 were 4588470 with a Short Ratio of 3.21, compared to 1718323200 on 3624584. Therefore, it implies a Short% of Shares Outstanding of 4588470 and a Short% of Float of 1.79.
