Amarin Corp ADR (NASDAQ:AMRN) currently has a daily average trading volume of 1.29M but it saw 1681715 shares traded in last market. With a market cap of 184.53M USD, the company’s current market price of $0.45 came falling about -1.75 while comparing to the previous closing price of $0.46. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.37 and as low as $0.43. In the recent trading on the day, stock has struck highest price mark of $0.4404 while lowest mark touched by it was $0.4623.
Taking a look at 20-day trading activity of Amarin Corp ADR (AMRN) gives us an average price of $0.4764, while its current price level is -67.25% below from 52-week high level whereas it is 4.28% 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 $0.5277 while that of 200 days or SMA-200 reads an average of $0.6994. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.91% during that period while stretching the period over a month that decreases to 6.71%. 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 39.52 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 -0.82% down while it is -15.18% when we observe its performance for the past one month. Year-to-date it is -48.43% down and over the past year, the stock is showing a downside performance of -50.44%.
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 0.76. Its return on asset (ROA) is -4.99% on average.
