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In the latest session, Amylyx Pharmaceuticals Inc (NASDAQ: AMLX) closed at $1.74 down -7.45% from its previous closing price of $1.88. In other words, the price has decreased by -$7.45 from its previous closing price. On the day, 1.75 million shares were traded. AMLX stock price reached its highest trading level at $1.8903 during the session, while it also had its lowest trading level at $1.74.
Ratios:
For a deeper understanding of Amylyx Pharmaceuticals Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.66. For the most recent quarter (mrq), Quick Ratio is recorded 4.48 and its Current Ratio is at 4.48. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Mizuho on March 18, 2024, Downgraded its rating to Neutral and sets its target price to $4 from $32 previously.
On March 11, 2024, Robert W. Baird Downgraded its rating to Neutral which previously was Outperform and also lowered its target price recommendation from $37 to $4.
Leerink Partners Downgraded its Outperform to Market Perform on March 11, 2024, whereas the target price for the stock was revised from $27 to $4.
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 May 15 ’24 when Quimi Daphne bought 2,250 shares for $1.89 per share. The transaction valued at 4,252 led to the insider holds 5,000 shares of the business.
Mazzariello Gina sold 10,455 shares of AMLX for $19,654 on May 15 ’24. The Chief Legal Officer now owns 151,477 shares after completing the transaction at $1.88 per share. On May 14 ’24, another insider, Quimi Daphne, who serves as the Director of the company, bought 2,750 shares for $1.89 each. As a result, the insider paid 5,184 and bolstered with 2,750 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, AMLX now has a Market Capitalization of 127850856 and an Enterprise Value of -251268992. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.30 while its Price-to-Book (P/B) ratio in mrq is 0.36. Its current Enterprise Value per Revenue stands at -0.631 whereas that against EBITDA is 3.138.
Stock Price History:
The Beta on a monthly basis for AMLX is -0.64, which has changed by -0.91726106 over the last 52 weeks, in comparison to a change of 0.23886502 over the same period for the S&P500. Over the past 52 weeks, AMLX has reached a high of $25.48, while it has fallen to a 52-week low of $1.58. The 50-Day Moving Average of the stock is -3.87%, while the 200-Day Moving Average is calculated to be -83.53%.
Shares Statistics:
For the past three months, AMLX has traded an average of 1.93M shares per day and 2961700 over the past ten days. A total of 67.71M shares are outstanding, with a floating share count of 45.97M. Insiders hold about 32.41% of the company’s shares, while institutions hold 70.53% stake in the company. Shares short for AMLX as of 1718323200 were 7212555 with a Short Ratio of 3.74, compared to 1715731200 on 7989883. Therefore, it implies a Short% of Shares Outstanding of 7212555 and a Short% of Float of 11.67.
