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After finishing at $53.40 in the prior trading day, Amphastar Pharmaceuticals Inc (NASDAQ: AMPH) closed at $46.09, down -13.69%. In other words, the price has decreased by -$13.69 from its previous closing price. On the day, 1.37 million shares were traded. AMPH stock price reached its highest trading level at $49.44 during the session, while it also had its lowest trading level at $46.03.
Ratios:
Our goal is to gain a better understanding of AMPH by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.59. For the most recent quarter (mrq), Quick Ratio is recorded 2.61 and its Current Ratio is at 3.43. In the meantime, Its Debt-to-Equity ratio is 0.87 whereas as Long-Term Debt/Eq ratio is at 0.86.
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 this company, JP Morgan on March 05, 2024, initiated with a Overweight rating and assigned the stock a target price of $60.
On November 17, 2023, BofA Securities started tracking the stock assigning a Neutral rating and target price of $63.
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 Nov 06 ’24 when Liawatidewi Yakob bought 5,214 shares for $52.05 per share.
PETERS WILLIAM J bought 7,426 shares of AMPH for $386,523 on Nov 06 ’24. On Sep 13 ’24, another insider, Zhou Rong, who serves as the SENIOR EVP, PRODUCTION CENTER of the company, sold 3,000 shares for $48.26 each. As a result, the insider received 144,784 and left with 118,388 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, AMPH now has a Market Capitalization of 2229511680 and an Enterprise Value of 2608868352. As of this moment, Amphastar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.33, and their Forward P/E ratio for the next fiscal year is 10.55. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.08. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.10 while its Price-to-Book (P/B) ratio in mrq is 3.84. Its current Enterprise Value per Revenue stands at 3.606 whereas that against EBITDA is 9.69.
Stock Price History:
Over the past 52 weeks, AMPH has reached a high of $65.92, while it has fallen to a 52-week low of $36.56. The 50-Day Moving Average of the stock is -4.87%, while the 200-Day Moving Average is calculated to be 2.09%.
Shares Statistics:
The stock has traded on average 333.48K shares per day over the past 3-months and 308840 shares per day over the last 10 days, according to various share statistics. A total of 48.07M shares are outstanding, with a floating share count of 36.12M. Insiders hold about 25.79% of the company’s shares, while institutions hold 73.63% stake in the company. Shares short for AMPH as of 1728950400 were 4232894 with a Short Ratio of 12.69, compared to 1726185600 on 4126510. Therefore, it implies a Short% of Shares Outstanding of 4232894 and a Short% of Float of 13.159999.