Amarin Corp ADR (NASDAQ: AMRN) Now -66.98% Off Its High ($1.37), Does Analysts See Headwinds And Risks?

Amarin Corp ADR (NASDAQ:AMRN) currently has a daily average trading volume of 1.19M but it saw 1945531 shares traded in last market. With a market cap of 186.05M USD, the company’s current market price of $0.45 came falling about -3.42 while comparing to the previous closing price of $0.47. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.37 and as low as $0.45. In the recent trading on the day, stock has struck highest price mark of $0.45 while lowest mark touched by it was $0.4747.

Taking a look at 20-day trading activity of Amarin Corp ADR (AMRN) gives us an average price of $0.4925, while its current price level is -66.98% below from 52-week high level whereas it is 1.50% 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 $0.5404 while that of 200 days or SMA-200 reads an average of $0.7108. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.25% during that period while stretching the period over a month that increases to 6.85%. 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 37.65 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 -3.87% down while it is -2.71% when we observe its performance for the past one month. Year-to-date it is -48.00% down and over the past year, the stock is showing a downside performance of -44.42%.

Currently, Amarin Corp ADR’s total number of outstanding shares is 411.26M. Company’s return on investment (ROI) stands at -7.35% and return on equity (ROE) at -7.31%. Stock’s beta reads 1.84. Stock has a price to book (P/B) ratio of 0.35 while price to sale or P/S ratio amounts to 0.77. Its return on asset (ROA) is -4.99% on average.