Amarin Corp ADR (NASDAQ:AMRN) currently has a daily average trading volume of 2.18M but it saw 935519 shares traded in last market. With a market cap of 425.17M USD, the company’s current market price of $1.04 came falling about -1.89 while comparing to the previous closing price of $1.06. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.49 and as low as $0.65.
Taking a look at 20-day trading activity of Amarin Corp ADR (AMRN) gives us an average price of $0.9284, while its current price level is -29.97% below from 52-week high level whereas it is 59.75% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.0502 while that of 200 days or SMA-200 reads an average of $0.9838. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.87% during that period while stretching the period over a month that increases to 6.88%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 56.97 which implies that the stock is in neutral territory.
Jefferies downgraded its recommendation for the stock as a “Hold” from “Buy” on October 25, 2023 while assigning a price target range of $3-$1. Jefferies issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $1.30 and $3.
Over the week, AMRN’s stock price is moving -1.89% down while it is 16.10% when we observe its performance for the past one month. Year-to-date it is 19.54% up and over the past year, the stock is showing a downside performance of -24.64%.
The latest quarterly earnings report issued by the company was for quarter ended 12/30/2023, when its quarterly earnings per share (EPS) of -$0.01 beat the consensus estimate of -$0.03 for the same. For AMRN, analysts are forecasting an EPS-growth rate of 6.70% for current year and estimate for EPS growth in next year is 7.10%. In next quarter, company is expected to be making quarterly sales of $54.57 million as analysts are expecting the sales for current fiscal year at $222.51 million and seeing the company making $232.19 million in sales next year. Moreover, analysts are in estimates of $57.3 million for current-quarter revenue.
Currently, Amarin Corp ADR’s total number of outstanding shares is 408.82M with 1.54% of that held by the insiders while 23.81% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -10.57% and return on equity (ROE) at -10.33%. Stock’s beta reads 1.98. Stock has a price to book (P/B) ratio of 0.77 while price to sale or P/S ratio amounts to 1.38. Its return on asset (ROA) is -6.90% on average.
