Should You Invest in Amylyx Pharmaceuticals Inc (AMLX) Now?

The 36-month beta value for AMLX is at -0.65. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 4 as “hold,” and 0 as “sell.”

The public float for AMLX is 43.42M, and currently, shorts hold a 3.61% of that float. The average trading volume for AMLX on December 27, 2024 was 1.31M shares.

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AMLX) stock’s latest price update

Amylyx Pharmaceuticals Inc (NASDAQ: AMLX)’s stock price has increased by 1.75 compared to its previous closing price of 4.00. However, the company has seen a 3.30% increase in its stock price over the last five trading sessions. accesswire.com reported 2024-12-24 that NEW YORK CITY, NY / ACCESSWIRE / December 24, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Amylyx Pharmaceuticals, Inc. (“Amylyx” or “the Company”) (NASDAQ:AMLX). Investors who purchased Amylyx securities prior to November 11, 2022, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/AMLX.

AMLX’s Market Performance

AMLX’s stock has risen by 3.30% in the past week, with a monthly drop of -28.09% and a quarterly rise of 27.19%. The volatility ratio for the week is 5.41% while the volatility levels for the last 30 days are 6.52% for Amylyx Pharmaceuticals Inc The simple moving average for the last 20 days is -11.90% for AMLX stock, with a simple moving average of 37.73% for the last 200 days.

Analysts’ Opinion of AMLX

Many brokerage firms have already submitted their reports for AMLX stocks, with Robert W. Baird repeating the rating for AMLX by listing it as a “Outperform.” The predicted price for AMLX in the upcoming period, according to Robert W. Baird is $11 based on the research report published on November 18, 2024 of the current year 2024.

BofA Securities, 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 $4.20. The rating they have provided for AMLX stocks is “Buy” according to the report published on October 23rd, 2024.

Mizuho gave a rating of “Neutral” to AMLX, setting the target price at $4 in the report published on March 18th of the current year.

AMLX Trading at -19.65% 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 -79.60% of loss for the given period.

Volatility was left at 6.52%, however, over the last 30 days, the volatility rate increased by 5.41%, as shares sank -25.32% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.30% upper at present.

During the last 5 trading sessions, AMLX rose by +3.30%, which changed the moving average for the period of 200-days by +18.31% in comparison to the 20-day moving average, which settled at $4.62. In addition, Amylyx Pharmaceuticals Inc saw -72.35% 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 AMLX starting from Bedrosian Camille L, who sale 5,421 shares at the price of $5.54 back on Dec 02 ’24. After this action, Bedrosian Camille L now owns 138,380 shares of Amylyx Pharmaceuticals Inc, valued at $30,007 using the latest closing price.

Klee Justin B., the Co-Chief Executive Officer of Amylyx Pharmaceuticals Inc, sale 18,589 shares at $3.20 during a trade that took place back on Sep 30 ’24, which means that Klee Justin B. is holding 3,120,569 shares at $59,429 based on the most recent closing price.

Stock Fundamentals for AMLX

Current profitability levels for the company are sitting at:

  • -1.27 for the present operating margin
  • 0.32 for the gross margin

The net margin for Amylyx Pharmaceuticals Inc stands at -1.32. The total capital return value is set at -1.27. Equity return is now at value -84.43, with -72.35 for asset returns.

Currently, EBITDA for the company is 39.89 million with net debt to EBITDA at 0.33. When we switch over and look at the enterprise to sales, we see a ratio of 1.07. The receivables turnover for the company is 113.51for trailing twelve months and the total asset turnover is 0.78. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.55.

Conclusion

In conclusion, Amylyx Pharmaceuticals Inc (AMLX) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. 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.

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