Amarin Corp ADR (NASDAQ:AMRN) currently has a daily average trading volume of 1.71M but it saw 2285152 shares traded in last market. With a market cap of 269.69M USD, the company’s current market price of $0.66 came falling about -6.99 while comparing to the previous closing price of $0.71. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.37 and as low as $0.60. In the recent trading on the day, stock has struck highest price mark of $0.6509 while lowest mark touched by it was $0.7069.
Taking a look at 20-day trading activity of Amarin Corp ADR (AMRN) gives us an average price of $0.7445, while its current price level is -52.12% below from 52-week high level whereas it is 10.07% 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 $0.7427 while that of 200 days or SMA-200 reads an average of $0.8867. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.15% during that period while stretching the period over a month that decreases to 7.14%. 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 39.76 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 -3.81% down while it is -6.29% when we observe its performance for the past one month. Year-to-date it is -24.60% down and over the past year, the stock is showing a downside performance of -42.96%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.05 beaten by the consensus estimate of -0.04 for the same. In next quarter, company is expected to be making quarterly sales of $37.82M as analysts are expecting the sales for current fiscal year at $202.96M and seeing the company making $175.34M in sales next year. Moreover, analysts are in estimates of $41.14M for current-quarter revenue.
Currently, Amarin Corp ADR’s total number of outstanding shares is 411.11M with 1.55% of that held by the insiders while 22.45% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -5.97% and return on equity (ROE) at -5.97%. Stock’s beta reads 1.87. Stock has a price to book (P/B) ratio of 0.49 while price to sale or P/S ratio amounts to 1.02. Its return on asset (ROA) is -4.03% on average.
