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Amneal Pharmaceuticals Inc (NASDAQ: AMRX) closed the day trading at $8.46 down -2.76% from the previous closing price of $8.70. In other words, the price has decreased by -$2.76 from its previous closing price. On the day, 0.99 million shares were traded. AMRX stock price reached its highest trading level at $8.7 during the session, while it also had its lowest trading level at $8.45.
Ratios:
For a better understanding of AMRX, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 52.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 58.18. For the most recent quarter (mrq), Quick Ratio is recorded 0.82 and its Current Ratio is at 1.33.
Goldman Upgraded its Sell to Buy on March 08, 2021, whereas the target price for the stock was revised from $4 to $6.50.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 15 ’24 when BOYER ANDREW S sold 40,225 shares for $7.85 per share. The transaction valued at 315,766 led to the insider holds 256,670 shares of the business.
BOYER ANDREW S sold 22,486 shares of AMRX for $175,616 on Aug 14 ’24. The Executive Vice President now owns 296,895 shares after completing the transaction at $7.81 per share. On Aug 14 ’24, another insider, Shah Nikita, who serves as the Executive Vice President of the company, sold 100,000 shares for $7.75 each. As a result, the insider received 775,000 and left with 291,666 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 2618733824 and an Enterprise Value of 5350052352. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.01. Its current Enterprise Value per Revenue stands at 2.059 whereas that against EBITDA is 9.282.
Stock Price History:
Over the past 52 weeks, AMRX has reached a high of $8.95, while it has fallen to a 52-week low of $3.36. The 50-Day Moving Average of the stock is 0.63%, while the 200-Day Moving Average is calculated to be 25.30%.
Shares Statistics:
Over the past 3-months, AMRX traded about 1.26M shares per day on average, while over the past 10 days, AMRX traded about 753110 shares per day. A total of 306.56M shares are outstanding, with a floating share count of 119.85M. Insiders hold about 61.28% of the company’s shares, while institutions hold 39.33% stake in the company. Shares short for AMRX as of 1727654400 were 4529494 with a Short Ratio of 3.61, compared to 1724976000 on 4266779. Therefore, it implies a Short% of Shares Outstanding of 4529494 and a Short% of Float of 1.76.
