Amarin Corp ADR [AMRN] stock prices are down -0.85% to $0.61 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The AMRN shares have gain 16.01% over the last week, with a monthly amount glided 9.60%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Jefferies downgraded its rating to Hold on October 25, 2023, and dropped its price target to $1. On January 06, 2023, upgrade upgraded it’s rating to Buy and revised its price target to $3 on the stock. JP Morgan downgraded its rating to a Underweight. SVB Leerink downgraded its rating to a Mkt Perform and reduced its price target to $3 on May 05, 2022. H.C. Wainwright downgraded its rating to Neutral for this stock on May 05, 2022, and downed its price target to $3. In a note dated May 04, 2022, Northland Capital downgraded an Market Perform rating on this stock.
The stock price of Amarin Corp ADR [AMRN] has been fluctuating between $0.43 and $1.36 over the past year. Currently, Wall Street analysts expect the stock to reach $2.17 within the next 12 months. Amarin Corp ADR [NASDAQ: AMRN] shares were valued at $0.61 at the most recent close of the market. An investor can expect a potential return of 255.74% based on the average AMRN price forecast.
Analyzing the AMRN fundamentals
The Amarin Corp ADR [NASDAQ:AMRN] reported sales of 242.15M for trailing twelve months, representing a drop of -34.93%. Gross Profit Margin for this corporation currently stands at 0.56% with Operating Profit Margin at -0.18%, Pretax Profit Margin comes in at -0.12%, and Net Profit Margin reading is -0.16%. To continue investigating profitability, this company’s Return on Assets is posted at -0.05, Equity is -0.07 and Total Capital is -0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.02.
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 0.5913 points at the first support level, and at 0.5754 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.6240, and for the 2nd resistance point, it is at 0.6408.
Ratios To Look Out For
It’s worth pointing out that Amarin Corp ADR [NASDAQ:AMRN]’s Current Ratio is 3.23. In addition, the Quick Ratio stands at 2.11 and the Cash Ratio stands at 0.78. Considering the valuation of this stock, the price to sales ratio is 1.03, the price to book ratio is 0.47.
Transactions by insiders
Recent insider trading involved Berg Aaron, President and CEO, that happened on Aug 02 ’24 when 0.16 million shares were purchased.
