A new trading day began on January 24, 2023, with Amryt Pharma plc (NASDAQ: AMYT) stock priced at $14.59. During the day, the shares moved up to $14.63 and dropped to $14.52 before settling in for the closing price of $14.60. AMYT’s price has ranged from $5.61 to $14.77 over the past 52 weeks.
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Meanwhile, its annual earnings per share averaged 100.50%. With a float of $29.82 million, this company’s outstanding shares have now reached $64.05 million.
Let’s determine the extent of company efficiency that accounts for 241 employees. In terms of profitability, gross margin is +53.73, operating margin of -9.72, and the pretax margin is -2.95.
Amryt Pharma plc (AMYT) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Drug Manufacturers – Specialty & Generic Industry. The insider ownership of Amryt Pharma plc is 0.08%, while institutional ownership is 75.80%.
Amryt Pharma plc (AMYT) Earnings and Forecasts
In its latest quarterly report, released on 6/29/2022, the company reported earnings of -$0.1 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of +0.45 while generating a return on equity of 0.47. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 100.50% per share during the next fiscal year.
Amryt Pharma plc (NASDAQ: AMYT) Trading Performance Indicators
Here are Amryt Pharma plc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.54. Likewise, its price to free cash flow for the trailing twelve months is 5.80.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.09, a number that is poised to hit -0.08 in the next quarter and is forecasted to reach 0.00 in one year’s time.
Technical Analysis of Amryt Pharma plc (AMYT)
Looking closely at Amryt Pharma plc (NASDAQ: AMYT), its last 5-days average volume was 1.28 million, which is a drop from its year-to-date volume of 1.84 million. As of the previous 9 days, the stock’s Stochastic %D was 44.04%. Additionally, its Average True Range was 0.48.
During the past 100 days, Amryt Pharma plc’s (AMYT) raw stochastic average was set at 97.94%, which indicates a significant increase from 97.81% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 297.51% in the past 14 days, which was higher than the 126.04% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.81, while its 200-day Moving Average is $7.82. However, in the short run, Amryt Pharma plc’s stock first resistance to watch stands at $14.65. Second resistance stands at $14.69. The third major resistance level sits at $14.76. If the price goes on to break the first support level at $14.54, it is likely to go to the next support level at $14.47. Should the price break the second support level, the third support level stands at $14.43.
Amryt Pharma plc (NASDAQ: AMYT) Key Stats
With a market capitalization of 617.87 million, the company has a total of 63,963K Shares Outstanding. Currently, annual sales are 222,540 K while annual income is 1,000 K. The company’s previous quarter sales were 61,130 K while its latest quarter income was -20,800 K.