Amarin Corporation plc (NASDAQ:AMRN) went down by -1.52% from its latest closing price compared to the recent 1-year high of $9.25. The company’s stock price has collected -10.15% of loss in the last five trading sessions. Press Release reported 9 hours ago that Amarin Announces CEO Succession Plan
Is It Worth Investing in Amarin Corporation plc (NASDAQ :AMRN) Right Now?
Plus, the 36-month beta value for AMRN is at 2.35. Opinions of the stock are interesting as 5 analysts out of 9 who provided ratings for Amarin Corporation plc declared the stock was a “buy,” while 0 rated the stock as “overweight,” 4 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $10.00. AMRN currently public float of 381.31M and currently shorts hold a 5.77% ratio of that float. Today, the average trading volume of AMRN was 6.51M shares.
AMRN’s Market Performance
AMRN stocks went down by -10.15% for the week, with a monthly drop of -8.89% and a quarterly performance of -0.51%, while its annual performance rate touched -3.47%. The volatility ratio for the week stands at 3.04% while the volatility levels for the past 30 days are set at 5.05% for Amarin Corporation plc. The simple moving average for the period of the last 20 days is -6.70% for AMRN stocks with a simple moving average of -0.48% for the last 200 days.
Analysts’ Opinion of AMRN
Piper Sandler, on the other hand, stated in their research note that they expect to see AMRN reach a price target of $21. The rating they have provided for AMRN stocks is “Overweight” according to the report published on August 26th, 2020.
Northland Capital gave a rating of “Outperform” to AMRN, setting the target price at $15 in the report published on May 05th of the previous year.
AMRN Trading at -14.83% from the 50-Day Moving Average
After a stumble in the market that brought AMRN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -36.86% of loss for the given period.
Volatility was left at 5.05%, however, over the last 30 days, the volatility rate increased by 3.04%, as shares sank -10.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -20.00% lower at present.
During the last 5 trading sessions, AMRN fell by -10.15%, which changed the moving average for the period of 200-days by -15.12% in comparison to the 20-day moving average, which settled at $6.23. In addition, Amarin Corporation plc saw 19.43% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at AMRN starting from Ketchum Steven B, who sale 217,728 shares at the price of $8.06 back on Feb 01. After this action, Ketchum Steven B now owns 382,996 shares of Amarin Corporation plc, valued at $1,754,134 using the latest closing price.
Ketchum Steven B, the Chief Scientific Officer of Amarin Corporation plc, sale 421,629 shares at $8.01 during a trade that took place back on Jan 27, which means that Ketchum Steven B is holding 388,112 shares at $3,378,131 based on the most recent closing price.
Stock Fundamentals for AMRN
Current profitability levels for the company are sitting at:
- -3.20 for the present operating margin
- +78.26 for the gross margin
The net margin for Amarin Corporation plc stands at -2.93. The total capital return value is set at -3.03, while invested capital returns managed to touch -2.89. Equity return is now at value -3.00, with -1.90 for asset returns.
Based on Amarin Corporation plc (AMRN), the company’s capital structure generated 1.56 points at debt to equity in total, while total debt to capital is 1.54. Total debt to assets is 1.01, with long-term debt to equity ratio resting at 1.46. Finally, the long-term debt to capital ratio is 1.44.
When we switch over and look at the enterprise to sales, we see a ratio of 3.60, with the company’s debt to enterprise value settled at 0.01. The receivables turnover for the company is 4.57 and the total asset turnover is 0.67. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.86.