A new trading day began on Monday, with Amylyx Pharmaceuticals Inc (NASDAQ: AMLX) stock price up 4.93% from the previous day of trading, before settling in for the closing price of $6.70. AMLX’s price has ranged from $1.58 to $19.95 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 2300.59%. Meanwhile, its annual earnings per share averaged -704.52%. With a float of $41.15 million, this company’s outstanding shares have now reached $67.71 million.
Considering the fact that the conglomerate employs 384 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 31.54%, operating margin of -126.88%, and the pretax margin is -131.04%.
Amylyx Pharmaceuticals Inc (AMLX) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Biotechnology Industry. The insider ownership of Amylyx Pharmaceuticals Inc is 39.56%, while institutional ownership is 69.43%. The most recent insider transaction that took place on Sep 30 ’24, was worth 59,429. In this transaction Co-Chief Executive Officer of this company sold 18,589 shares at a rate of $3.20, taking the stock ownership to the 3,120,569 shares. Before that another transaction happened on Sep 30 ’24, when Company’s Co-Chief Executive Officer sold 18,589 for $3.20, making the entire transaction worth $59,414. This insider now owns 3,220,569 shares in total.
Amylyx Pharmaceuticals Inc (AMLX) Earnings and Forecasts
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.07 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). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.65 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -704.52% per share during the next fiscal year.
Amylyx Pharmaceuticals Inc (NASDAQ: AMLX) Trading Performance Indicators
Here are Amylyx Pharmaceuticals Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 4.55. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.51.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.82, a number that is poised to hit -0.60 in the next quarter and is forecasted to reach -1.70 in one year’s time.
Technical Analysis of Amylyx Pharmaceuticals Inc (AMLX)
Compared to the last year’s volume of 2.02 million, its volume of 1.6 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 80.16%. Additionally, its Average True Range was 0.51.
During the past 100 days, Amylyx Pharmaceuticals Inc’s (AMLX) raw stochastic average was set at 95.75%, which indicates a significant increase from 90.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 53.44% in the past 14 days, which was lower than the 80.78% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.86, while its 200-day Moving Average is $4.61. Nevertheless, the first resistance level for the watch stands at $7.25 in the near term. At $7.46, the stock is likely to face the second major resistance level. The third major resistance level sits at $7.84. If the price goes on to break the first support level at $6.65, it is likely to go to the next support level at $6.27. Should the price break the second support level, the third support level stands at $6.05.
Amylyx Pharmaceuticals Inc (NASDAQ: AMLX) Key Stats
With a market capitalization of 493.68 million, the company has a total of 68,082K Shares Outstanding. Currently, annual sales are 380,790 K while annual income is 49,270 K. The company’s previous quarter sales were 88,640 K while its latest quarter income was -118,790 K.
