Technical Outlook And Game Plan For Amarin Corp ADR (NASDAQ: AMRN)

Amarin Corp ADR (AMRN) concluded trading on Thursday at a closing price of $1.07, with 8.66 million shares of worth about $9.26 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 1.90% during that period and on Thursday the price saw a loss of about -18.94%. Currently the company’s common shares owned by public are about 408.55M shares, out of which, 406.48M shares are available for trading.

According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 0 times over the past 12 months. They bought 0 shares in 0 of the transactions. In 0 selling transactions, insiders dumped 0 shares.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stock saw a price change of -9.32% in past 5 days and over the past one month there was a price change of -13.71%. Year-to-date (YTD), AMRN shares are showing a performance of 22.99% which decreased to -47.29% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.65 but also hit the highest price of $2.13 during that period. The average intraday trading volume for Amarin Corp ADR shares is 2.39 million. The stock is currently trading -11.37% below its 20-day simple moving average (SMA20), while that difference is down -2.42% for SMA50 and it goes to 4.12% higher than SMA200.

Amarin Corp ADR (NASDAQ: AMRN) currently have 408.55M outstanding shares and institutions hold larger chunk of about 23.57% of that.

The stock has a current market capitalization of $437.15M and its 3Y-monthly beta is at 2.06. It has posted earnings per share of -$0.13 in the same period. It has Quick Ratio of 1.74 while making debt-to-equity ratio of 0.02. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for AMRN, volatility over the week remained 8.96% while standing at 6.06% over the month.

Analysts are in expectations that Amarin Corp ADR (AMRN) stock would likely to be making an EPS of -$0.03 in the current quarter, while forecast for next quarter EPS is -$0.03 and it is -$0.15 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.03 which is -$0.03 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 6.67% while it is estimated to increase by 9.52% in next year. EPS is likely to grow at an annualized rate of 38.90% for next 5-years, compared to annual growth of -0.85% made by the stock over the past 5-years.

Coverage by Jefferies stated Amarin Corp ADR (AMRN) stock as a Hold in their note to investors on October 25, 2023, suggesting a price target of $1 for the stock. Stock get a Mkt perform rating from SVB Leerink on May 05, 2022.

Most Popular

Related Posts