Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
Amarin Corp ADR (NASDAQ: AMRN) closed the day trading at $0.41 up 0.93% from the previous closing price of $0.41. In other words, the price has increased by $0.93 from its previous closing price. On the day, 1.46 million shares were traded. AMRN stock price reached its highest trading level at $0.4281 during the session, while it also had its lowest trading level at $0.4001.
Ratios:
For a better understanding of AMRN, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.39 and its Current Ratio is at 3.31. 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:
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 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 171390160 and an Enterprise Value of -113155712. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.75 while its Price-to-Book (P/B) ratio in mrq is 0.35. Its current Enterprise Value per Revenue stands at -0.495 whereas that against EBITDA is 2.163.
Stock Price History:
The Beta on a monthly basis for AMRN is 1.43, which has changed by -0.5119048 over the last 52 weeks, in comparison to a change of 0.09506309 over the same period for the S&P500. Over the past 52 weeks, AMRN has reached a high of $1.11, while it has fallen to a 52-week low of $0.35. The 50-Day Moving Average of the stock is -24.21%, while the 200-Day Moving Average is calculated to be -31.48%.
Shares Statistics:
Over the past 3-months, AMRN traded about 1.61M shares per day on average, while over the past 10 days, AMRN traded about 3007390 shares per day. A total of 411.58M shares are outstanding, with a floating share count of 409.87M. Insiders hold about 0.42% of the company’s shares, while institutions hold 17.76% stake in the company. Shares short for AMRN as of 1740700800 were 16789166 with a Short Ratio of 10.43, compared to 1738281600 on 16847612. Therefore, it implies a Short% of Shares Outstanding of 16789166 and a Short% of Float of 4.1300002000000005.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
