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The price of Amylyx Pharmaceuticals Inc (NASDAQ: AMLX) closed at $2.36 in the last session, up 9.26% from day before closing price of $2.16. In other words, the price has increased by $9.26 from its previous closing price. On the day, 2.11 million shares were traded. AMLX stock price reached its highest trading level at $2.4 during the session, while it also had its lowest trading level at $2.19.
Ratios:
We take a closer look at AMLX’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.43 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.40. 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:
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 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 160493680 and an Enterprise Value of -209105440. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.40 while its Price-to-Book (P/B) ratio in mrq is 0.49. Its current Enterprise Value per Revenue stands at -0.525 whereas that against EBITDA is 2.611.
Stock Price History:
The Beta on a monthly basis for AMLX is -0.59, which has changed by -0.8934056 over the last 52 weeks, in comparison to a change of 0.24125004 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 29.89%, while the 200-Day Moving Average is calculated to be -75.92%.
Shares Statistics:
According to the various share statistics, AMLX traded on average about 1.97M shares per day over the past 3-months and 2974050 shares per day over the past 10 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 70.51% stake in the company. Shares short for AMLX as of 1719532800 were 4569062 with a Short Ratio of 2.31, compared to 1717113600 on 7569728. Therefore, it implies a Short% of Shares Outstanding of 4569062 and a Short% of Float of 7.39.
