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The price of Amneal Pharmaceuticals Inc (NASDAQ: AMRX) closed at $5.90 in the last session, down -2.48% from day before closing price of $6.05. In other words, the price has decreased by -$2.48 from its previous closing price. On the day, 3.43 million shares were traded. AMRX stock price reached its highest trading level at $5.97 during the session, while it also had its lowest trading level at $5.59.
Ratios:
We take a closer look at AMRX’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.35. For the most recent quarter (mrq), Quick Ratio is recorded 0.94 and its Current Ratio is at 1.63. In the meantime, Its Debt-to-Equity ratio is 139.06 whereas as Long-Term Debt/Eq ratio is at 127.55.
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 Aug 11 ’23 when BOYER ANDREW S sold 29,302 shares for $4.13 per share. The transaction valued at 120,921 led to the insider holds 244,739 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, AMRX now has a Market Capitalization of 1866754176 and an Enterprise Value of 4509644800. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.76 while its Price-to-Book (P/B) ratio in mrq is 91.44. Its current Enterprise Value per Revenue stands at 1.884 whereas that against EBITDA is 9.005.
Stock Price History:
Over the past 52 weeks, AMRX has reached a high of $6.46, while it has fallen to a 52-week low of $1.64. The 50-Day Moving Average of the stock is 3.41%, while the 200-Day Moving Average is calculated to be 24.56%.
Shares Statistics:
According to the various share statistics, AMRX traded on average about 1.54M shares per day over the past 3-months and 1735310 shares per day over the past 10 days. A total of 306.56M shares are outstanding, with a floating share count of 111.72M. Insiders hold about 63.79% of the company’s shares, while institutions hold 24.85% stake in the company. Shares short for AMRX as of 1713139200 were 2804272 with a Short Ratio of 1.82, compared to 1710460800 on 2068979. Therefore, it implies a Short% of Shares Outstanding of 2804272 and a Short% of Float of 1.09.
