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After finishing at $4.66 in the prior trading day, Amylyx Pharmaceuticals Inc (NASDAQ: AMLX) closed at $4.53, down -2.79%. In other words, the price has decreased by -$2.79 from its previous closing price. On the day, 1.17 million shares were traded. AMLX stock price reached its highest trading level at $4.825 during the session, while it also had its lowest trading level at $4.45.
Ratios:
Our goal is to gain a better understanding of AMLX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.66 and its Current Ratio is at 4.66. 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:
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 Sep 30 ’24 when Klee Justin B. sold 18,589 shares for $3.20 per share. The transaction valued at 59,429 led to the insider holds 3,120,569 shares of the business.
Cohen Joshua B sold 18,589 shares of AMLX for $59,414 on Sep 30 ’24. The Co-Chief Executive Officer now owns 3,220,569 shares after completing the transaction at $3.20 per share. On Sep 30 ’24, another insider, Bedrosian Camille L, who serves as the Chief Medical Officer of the company, sold 11,442 shares for $3.20 each. As a result, the insider received 36,559 and left with 143,801 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 308413728 and an Enterprise Value of 1742580. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.03 while its Price-to-Book (P/B) ratio in mrq is 1.18. Its current Enterprise Value per Revenue stands at 0.006 whereas that against EBITDA is -0.01.
Stock Price History:
Over the past 52 weeks, AMLX has reached a high of $19.95, while it has fallen to a 52-week low of $1.58. The 50-Day Moving Average of the stock is 57.94%, while the 200-Day Moving Average is calculated to be -14.34%.
Shares Statistics:
The stock has traded on average 1.21M shares per day over the past 3-months and 1904080 shares per day over the last 10 days, according to various share statistics. A total of 67.71M shares are outstanding, with a floating share count of 41.21M. Insiders hold about 39.47% of the company’s shares, while institutions hold 61.64% stake in the company. Shares short for AMLX as of 1727654400 were 1279759 with a Short Ratio of 1.05, compared to 1724976000 on 1487177. Therefore, it implies a Short% of Shares Outstanding of 1279759 and a Short% of Float of 2.07.
