Amicus Therapeutics Inc (NASDAQ: FOLD)’s stock price has dropped by -1.71 in relation to previous closing price of 9.96. Nevertheless, the company has seen a gain of 0.72% in its stock price over the last five trading days. globenewswire.com reported 2024-12-03 that Jeffrey Moats v. National Credit Union Administration Board, Board Member Todd Harper, et al. Jeffrey Moats v. National Credit Union Administration Board, Board Member Todd Harper, et al.
Is It Worth Investing in Amicus Therapeutics Inc (NASDAQ: FOLD) Right Now?
Company’s 36-month beta value is 0.61.Analysts have differing opinions on the stock, with 9 analysts rating it as a “buy,” 2 as “overweight,” 2 as “hold,” and 0 as “sell.”
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The public float for FOLD is 291.20M, and currently, short sellers hold a 7.21% ratio of that floaft. The average trading volume of FOLD on December 04, 2024 was 2.33M shares.
FOLD’s Market Performance
FOLD stock saw a decrease of 0.72% in the past week, with a monthly decline of -14.65% and a quarterly a decrease of -15.02%. The volatility ratio for the week is 2.27%, and the volatility levels for the last 30 days are 3.98% for Amicus Therapeutics Inc (FOLD).. The simple moving average for the past 20 days is -3.77% for FOLD’s stock, with a -9.86% simple moving average for the past 200 days.
Analysts’ Opinion of FOLD
Many brokerage firms have already submitted their reports for FOLD stocks, with Jefferies repeating the rating for FOLD by listing it as a “Buy.” The predicted price for FOLD in the upcoming period, according to Jefferies is $18 based on the research report published on September 06, 2024 of the current year 2024.
Wells Fargo, on the other hand, stated in their research note that they expect to see FOLD reach a price target of $18. The rating they have provided for FOLD stocks is “Overweight” according to the report published on May 30th, 2024.
Guggenheim gave a rating of “Buy” to FOLD, setting the target price at $13 in the report published on May 14th of the current year.
FOLD Trading at -8.28% from the 50-Day Moving Average
After a stumble in the market that brought FOLD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -32.81% of loss for the given period.
Volatility was left at 3.98%, however, over the last 30 days, the volatility rate increased by 2.27%, as shares sank -13.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.75% lower at present.
During the last 5 trading sessions, FOLD rose by +0.72%, which changed the moving average for the period of 200-days by -28.85% in comparison to the 20-day moving average, which settled at $10.17. In addition, Amicus Therapeutics Inc saw -31.01% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at FOLD starting from Campbell Bradley L, who sale 7,500 shares at the price of $10.02 back on Dec 02 ’24. After this action, Campbell Bradley L now owns 886,654 shares of Amicus Therapeutics Inc, valued at $75,124 using the latest closing price.
BRADLEY CAMPBELL, the Director of Amicus Therapeutics Inc, proposed sale 7,500 shares at $9.98 during a trade that took place back on Dec 02 ’24, which means that BRADLEY CAMPBELL is holding shares at $74,850 based on the most recent closing price.
Stock Fundamentals for FOLD
Current profitability levels for the company are sitting at:
- 0.02 for the present operating margin
- 0.89 for the gross margin
The net margin for Amicus Therapeutics Inc stands at -0.21. The total capital return value is set at 0.02. Equity return is now at value -67.09, with -13.50 for asset returns.
Based on Amicus Therapeutics Inc (FOLD), the company’s capital structure generated 0.69 points at debt to capital in total, while cash flow to debt ratio is standing at -0.07. The debt to equity ratio resting at 2.23. The interest coverage ratio of the stock is 0.22.
Currently, EBITDA for the company is -92.08 million with net debt to EBITDA at -22.95. When we switch over and look at the enterprise to sales, we see a ratio of 6.35. The receivables turnover for the company is 5.03for trailing twelve months and the total asset turnover is 0.63. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.15.
Conclusion
In a nutshell, Amicus Therapeutics Inc (FOLD) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
