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The closing price of Amarin Corp ADR (NASDAQ: AMRN) was $0.46 for the day, up 1.62% from the previous closing price of $0.46. In other words, the price has increased by $1.62 from its previous closing price. On the day, 0.58 million shares were traded. AMRN stock price reached its highest trading level at $0.4812 during the session, while it also had its lowest trading level at $0.46.
Ratios:
Our analysis of AMRN’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.39 and its Current Ratio is at 3.31. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 192389392 and an Enterprise Value of -92156464. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.84 while its Price-to-Book (P/B) ratio in mrq is 0.39. Its current Enterprise Value per Revenue stands at -0.403 whereas that against EBITDA is 1.762.
Stock Price History:
The Beta on a monthly basis for AMRN is 1.39, which has changed by -0.47126436 over the last 52 weeks, in comparison to a change of 0.10838497 over the same period for the S&P500. Over the past 52 weeks, AMRN has reached a high of $1.11, while it has fallen to a 52-week low of $0.35. The 50-Day Moving Average of the stock is -13.33%, while the 200-Day Moving Average is calculated to be -21.61%.
Shares Statistics:
AMRN traded an average of 1.59M shares per day over the past three months and 3215260 shares per day over the past ten days. A total of 411.58M shares are outstanding, with a floating share count of 409.87M. Insiders hold about 0.42% of the company’s shares, while institutions hold 17.76% stake in the company. Shares short for AMRN as of 1740700800 were 16789166 with a Short Ratio of 10.59, compared to 1738281600 on 16847612. Therefore, it implies a Short% of Shares Outstanding of 16789166 and a Short% of Float of 4.1300002000000005.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
