Amarin Corp ADR (NASDAQ:AMRN) currently has a daily average trading volume of 895.41K but it saw 1837925 shares traded in last market. With a market cap of 215.87M USD, the company’s current market price of $0.52 came rising about 6.17 while comparing to the previous closing price of $0.49. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.37 and as low as $0.46. In the recent trading on the day, stock has struck highest price mark of $0.4925 while lowest mark touched by it was $0.525.
Taking a look at 20-day trading activity of Amarin Corp ADR (AMRN) gives us an average price of $0.5622, while its current price level is -61.69% below from 52-week high level whereas it is 14.98% 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 $0.5778 while that of 200 days or SMA-200 reads an average of $0.7716. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.95% during that period while stretching the period over a month that decreases to 7.12%. 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 43.70 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 0.94% up while it is -9.27% when we observe its performance for the past one month. Year-to-date it is -39.67% down and over the past year, the stock is showing a downside performance of -31.75%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 0 beat the consensus estimate of -0.03 for the same. The company is expected to be releasing its next quarterly report in December, for which analysts forecasted an EPS of -0.03 while estimate for next year EPS is -0.08. In next quarter, company is expected to be making quarterly sales of $36.86M as analysts are expecting the sales for current fiscal year at $206.66M and seeing the company making $179.31M in sales next year. Moreover, analysts are in estimates of $37.46M for current-quarter revenue.
Currently, Amarin Corp ADR’s total number of outstanding shares is 411.26M with 1.60% of that held by the insiders while 17.05% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -7.35% and return on equity (ROE) at -7.31%. Stock’s beta reads 1.86. Stock has a price to book (P/B) ratio of 0.41 while price to sale or P/S ratio amounts to 0.89. Its return on asset (ROA) is -4.99% on average.
