Amylyx Pharmaceuticals Inc. (NASDAQ:AMLX) went up by 12.82% from its latest closing price compared to the recent 1-year high of $33.41. The company’s stock price has collected 25.48% of gains in the last five trading sessions. The Wall Street Journal reported on 06/22/22 that Americans With ALS Look to Canada for Promising Drug the U.S. Hasn’t Approved
Is It Worth Investing in Amylyx Pharmaceuticals Inc. (NASDAQ :AMLX) Right Now?
Opinions of the stock are interesting as 4 analysts out of 5 who provided ratings for Amylyx Pharmaceuticals Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $27.25, which is $7.45 above the current price. AMLX currently public float of 40.92M and currently shorts hold a 6.87% ratio of that float. Today, the average trading volume of AMLX was 1.10M shares.
AMLX’s Market Performance
AMLX stocks went up by 25.48% for the week, with a monthly jump of 135.15% and a quarterly performance of -3.27%. The volatility ratio for the week stands at 14.83% while the volatility levels for the past 30 days are set at 13.41% for Amylyx Pharmaceuticals Inc. The simple moving average for the period of the last 20 days is 55.73% for AMLX stocks with a simple moving average of 17.27% for the last 200 days.
Analysts’ Opinion of AMLX
Many brokerage firms have already submitted their reports for AMLX stocks, with Citigroup repeating the rating for AMLX by listing it as a “Buy.” The predicted price for AMLX in the upcoming period, according to Citigroup is $21 based on the research report published on May 25th of the current year 2022.
Goldman, on the other hand, stated in their research note that they expect to see AMLX reach a price target of $10, previously predicting the price at $36. The rating they have provided for AMLX stocks is “Neutral” according to the report published on April 01st, 2022.
AMLX Trading at 83.71% from the 50-Day Moving Average
After a stumble in the market that brought AMLX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -40.74% of loss for the given period.
Volatility was left at 13.41%, however, over the last 30 days, the volatility rate increased by 14.83%, as shares surge +134.32% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +57.39% upper at present.
During the last 5 trading sessions, AMLX rose by +25.48%, in comparison to the 20-day moving average, which settled at $13.28. In addition, Amylyx Pharmaceuticals Inc. saw 9.57% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for AMLX
Current profitability levels for the company are sitting at:
- -29013.33 for the present operating margin
- +81.75 for the gross margin
The net margin for Amylyx Pharmaceuticals Inc. stands at -30852.98.
The liquidity ratio also appears to be rather interesting for investors as it stands at 5.84.