Amarin Corp ADR (NASDAQ:AMRN) currently has a daily average trading volume of 1.53M but it saw 793030 shares traded in last market. With a market cap of 224.88M USD, the company’s current market price of $0.55 came falling about -4.00 while comparing to the previous closing price of $0.57. 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 $0.5411 while lowest mark touched by it was $0.5729.
Taking a look at 20-day trading activity of Amarin Corp ADR (AMRN) gives us an average price of $0.5121, while its current price level is -60.09% below from 52-week high level whereas it is 27.07% 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 $0.5073 while that of 200 days or SMA-200 reads an average of $0.6698. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.35% during that period while stretching the period over a month that increases to 7.06%. 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 56.35 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 5.70% up while it is 20.87% when we observe its performance for the past one month. Year-to-date it is 12.74% up and over the past year, the stock is showing a downside performance of -47.92%.
The company is expected to be releasing its next quarterly report in February, 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 $201.8M and seeing the company making $170.43M in sales next year. Moreover, analysts are in estimates of $31.69M 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 17.03% 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 1.84. Stock has a price to book (P/B) ratio of 0.42 while price to sale or P/S ratio amounts to 0.93. Its return on asset (ROA) is -4.99% on average.
