On Monday, Amarin Corp ADR (NASDAQ: AMRN) opened lower -3.57% from the last session, before settling in for the closing price of $0.46. Price fluctuations for AMRN have ranged from $0.43 to $1.37 over the past 52 weeks.
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Annual sales at Healthcare sector company grew by 14.60% over the past five years. Company’s average yearly earnings per share was noted 6.37% at the time writing. With a float of $409.93 million, this company’s outstanding shares have now reached $411.26 million.
Let’s look at the performance matrix of the company that is accounted for 275 employees. In terms of profitability, gross margin is 55.53%, operating margin of -18.17%, and the pretax margin is -12.4%.
Amarin Corp ADR (AMRN) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Drug Manufacturers – General industry is another important factor to consider. The insider ownership of Amarin Corp ADR is 0.32%, while institutional ownership is 16.62%. The most recent insider transaction that took place on Aug 02 ’24, was worth 102,400. In this transaction President and CEO of this company bought 160,000 shares at a rate of $0.64, taking the stock ownership to the 805,380 shares. Before that another transaction happened on Jan 22 ’24, when Company’s President and CEO bought 14,426 for $1.09, making the entire transaction worth $15,724. This insider now owns 314,426 shares in total.
Amarin Corp ADR (AMRN) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 6.37% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 38.90% during the next five years compared to 17.93% growth over the previous five years of trading.
Amarin Corp ADR (NASDAQ: AMRN) Trading Performance Indicators
Check out the current performance indicators for Amarin Corp ADR (AMRN). In the past quarter, the stock posted a quick ratio of 2.11. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.75.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.10, a number that is poised to hit -0.05 in the next quarter and is forecasted to reach -0.21 in one year’s time.
Technical Analysis of Amarin Corp ADR (AMRN)
Amarin Corp ADR (NASDAQ: AMRN) saw its 5-day average volume 2.19 million, a positive change from its year-to-date volume of 1.56 million. As of the previous 9 days, the stock’s Stochastic %D was 29.67%. Additionally, its Average True Range was 0.03.
During the past 100 days, Amarin Corp ADR’s (AMRN) raw stochastic average was set at 4.56%, which indicates a significant decrease from 13.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.21% in the past 14 days, which was lower than the 51.58% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.5328, while its 200-day Moving Average is $0.7036. Nevertheless, the first resistance level for the watch stands at $0.4687 in the near term. At $0.4937, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.5076. If the price goes on to break the first support level at $0.4298, it is likely to go to the next support level at $0.4159. The third support level lies at $0.3909 if the price breaches the second support level.
Amarin Corp ADR (NASDAQ: AMRN) Key Stats
There are currently 410,672K shares outstanding in the company with a market cap of 182.43 million. Presently, the company’s annual sales total 306,910 K according to its annual income of -59,110 K. Last quarter, the company’s sales amounted to 42,300 K and its income totaled -25,130 K.
