Ratios Uncovered: Breaking Down Amarin Corp ADR (AMRN)’s Trailing Twelve Months Metrics

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The price of Amarin Corp ADR (NASDAQ: AMRN) closed at $0.55 in the last session, down -3.85% from day before closing price of $0.58. In other words, the price has decreased by -$3.85 from its previous closing price. On the day, 0.89 million shares were traded. AMRN stock price reached its highest trading level at $0.5771 during the session, while it also had its lowest trading level at $0.5479.

Ratios:

We take a closer look at AMRN’s different ratios to gain a better understanding of the stock. 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:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of 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.

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 227963504 and an Enterprise Value of -69553408. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.94 while its Price-to-Book (P/B) ratio in mrq is 0.43. Its current Enterprise Value per Revenue stands at -0.289 whereas that against EBITDA is 1.702.

Stock Price History:

The Beta on a monthly basis for AMRN is 1.84, which has changed by -0.52845526 over the last 52 weeks, in comparison to a change of 0.21926713 over the same period for the S&P500. Over the past 52 weeks, AMRN has reached a high of $1.36, while it has fallen to a 52-week low of $0.43. The 50-Day Moving Average of the stock is 7.51%, while the 200-Day Moving Average is calculated to be -15.18%.

Shares Statistics:

According to the various share statistics, AMRN traded on average about 1.53M shares per day over the past 3-months and 1181900 shares per day over the past 10 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 16.32% stake in the company. Shares short for AMRN as of 1736899200 were 17186993 with a Short Ratio of 11.26, compared to 1734048000 on 18190540. Therefore, it implies a Short% of Shares Outstanding of 17186993 and a Short% of Float of 4.2299999999999995.

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