In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
As of close of business last night, Amarin Corp ADR’s stock clocked out at $0.55, up 4.52% from its previous closing price of $0.52. In other words, the price has increased by $4.52 from its previous closing price. On the day, 1.37 million shares were traded. AMRN stock price reached its highest trading level at $0.5599 during the session, while it also had its lowest trading level at $0.5205.
Ratios:
To gain a deeper understanding of AMRN’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.11 and its Current Ratio is at 3.23. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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.
Holt Patrick bought 14,426 shares of AMRN for $15,724 on Jan 22 ’24. The President and CEO now owns 314,426 shares after completing the transaction at $1.09 per share. On Dec 12 ’23, another insider, Ketchum Steven B, who serves as the Chief Scientific Officer of the company, sold 34,131 shares for $0.79 each. As a result, the insider received 26,963 and left with 566,100 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, AMRN now has a Market Capitalization of 225660032 and an Enterprise Value of -71856904. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.93 while its Price-to-Book (P/B) ratio in mrq is 0.42. Its current Enterprise Value per Revenue stands at -0.298 whereas that against EBITDA is 1.758.
Stock Price History:
Over the past 52 weeks, AMRN has reached a high of $1.37, while it has fallen to a 52-week low of $0.46. The 50-Day Moving Average of the stock is -4.88%, while the 200-Day Moving Average is calculated to be -28.59%.
Shares Statistics:
It appears that AMRN traded 919.32K shares on average per day over the past three months and 1711950 shares per day over the past ten days. A total of 411.26M shares are outstanding, with a floating share count of 409.93M. Insiders hold about 0.32% of the company’s shares, while institutions hold 16.62% stake in the company. Shares short for AMRN as of 1730332800 were 17948018 with a Short Ratio of 19.52, compared to 1727654400 on 17869588. Therefore, it implies a Short% of Shares Outstanding of 17948018 and a Short% of Float of 4.42.
