On Tuesday, Amneal Pharmaceuticals Inc (NASDAQ: AMRX) opened higher 1.87% from the last session, before settling in for the closing price of $6.42. Price fluctuations for AMRX have ranged from $2.29 to $7.25 over the past 52 weeks.
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Healthcare Sector giant saw their annual sales surged by 7.85% over the last five years. Company’s average yearly earnings per share was noted -3.13% at the time writing. With a float of $111.14 million, this company’s outstanding shares have now reached $306.56 million.
The firm has a total of 7850 workers. Let’s measure their productivity.
Amneal Pharmaceuticals Inc (AMRX) Insider Activity
A key investor’s attitude towards the stock of the Drug Manufacturers – Specialty & Generic industry is another important factor to consider. The insider ownership of Amneal Pharmaceuticals Inc is 63.99%, while institutional ownership is 27.11%. The most recent insider transaction that took place on May 17 ’24, was worth 157,728. In this transaction Director of this company sold 23,447 shares at a rate of $6.73, taking the stock ownership to the 93,402 shares. Before that another transaction happened on May 16 ’24, when Company’s Director sold 14,553 for $6.76, making the entire transaction worth $98,378. This insider now owns 116,849 shares in total.
Amneal Pharmaceuticals Inc (AMRX) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -3.13% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.00% during the next five years compared to -23.74% drop over the previous five years of trading.
Amneal Pharmaceuticals Inc (NASDAQ: AMRX) Trading Performance Indicators
Check out the current performance indicators for Amneal Pharmaceuticals Inc (AMRX). In the past quarter, the stock posted a quick ratio of 0.97. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.81.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.57, a number that is poised to hit 0.14 in the next quarter and is forecasted to reach 0.68 in one year’s time.
Technical Analysis of Amneal Pharmaceuticals Inc (AMRX)
Analysing the last 5-days average volume posted by the [Amneal Pharmaceuticals Inc, AMRX], we can find that recorded value of 2.68 million was better than the volume posted last year of 1.56 million. As of the previous 9 days, the stock’s Stochastic %D was 22.22%. Additionally, its Average True Range was 0.24.
During the past 100 days, Amneal Pharmaceuticals Inc’s (AMRX) raw stochastic average was set at 68.30%, which indicates a significant increase from 26.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.13% in the past 14 days, which was lower than the 41.49% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.54, while its 200-day Moving Average is $5.42. Now, the first resistance to watch is $6.63. This is followed by the second major resistance level at $6.71. The third major resistance level sits at $6.87. If the price goes on to break the first support level at $6.39, it is likely to go to the next support level at $6.23. Should the price break the second support level, the third support level stands at $6.15.
Amneal Pharmaceuticals Inc (NASDAQ: AMRX) Key Stats
There are currently 308,651K shares outstanding in the company with a market cap of 2.02 billion. Presently, the company’s annual sales total 2,394 M according to its annual income of -83,990 K. Last quarter, the company’s sales amounted to 659,190 K and its income totaled -91,640 K.
