Amylyx Pharmaceuticals Inc [AMLX] stock is trading at $2.62, up 5.22%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The AMLX shares have gain 10.55% over the last week, with a monthly amount glided 23.00%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Amylyx Pharmaceuticals Inc [NASDAQ: AMLX] stock has seen the most recent analyst activity on March 18, 2024, when Mizuho downgraded its rating to a Neutral and also revised its price target to $4 from $32. Previously, Robert W. Baird downgraded its rating to Neutral on March 11, 2024, and dropped its price target to $4. On March 11, 2024, downgrade downgraded it’s rating to Market Perform and revised its price target to $4 on the stock. Goldman downgraded its rating to a Neutral. Evercore ISI downgraded its rating to a In-line. Robert W. Baird started tracking with a Outperform rating for this stock on January 03, 2024, and assigned it a price target of $37. In a note dated December 12, 2023, Deutsche Bank initiated an Buy rating and provided a target price of $36 on this stock.
Amylyx Pharmaceuticals Inc [AMLX] stock has fluctuated between $1.58 and $20.99 over the past year. Currently, Wall Street analysts expect the stock to reach $3.33 within the next 12 months. Amylyx Pharmaceuticals Inc [NASDAQ: AMLX] shares were valued at $2.62 at the most recent close of the market. An investor can expect a potential return of 27.1% based on the average AMLX price forecast.
Analyzing the AMLX fundamentals
Amylyx Pharmaceuticals Inc [NASDAQ:AMLX] reported sales of 298.76M for the trailing twelve months, which represents a drop of -101.04%. Gross Profit Margin for this corporation currently stands at 0.53% with Operating Profit Margin at -0.52%, Pretax Profit Margin comes in at -0.54%, and Net Profit Margin reading is -0.56%. To continue investigating profitability, this company’s Return on Assets is posted at -0.5, Equity is -0.46 and Total Capital is -0.59. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.01.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.50 points at the first support level, and at 2.39 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.71, and for the 2nd resistance point, it is at 2.81.
Ratios To Look Out For
For context, Amylyx Pharmaceuticals Inc’s Current Ratio is 4.66. As well, the Quick Ratio is 4.66, while the Cash Ratio is 1.07. Considering the valuation of this stock, the price to sales ratio is 0.60, the price to book ratio is 0.68.
Transactions by insiders
Recent insider trading involved Firestone Karen, Director, that happened on Sep 05 ’24 when 50000.0 shares were purchased. Director, MILNE GEORGE M JR completed a deal on Sep 03 ’24 to buy 100000.0 shares. Meanwhile, Director Quimi Daphne bought 2750.0 shares on May 14 ’24.
