In last trading session, Amarin Corporation plc (NASDAQ:AMRN) saw 6,291,724 shares changing hands with its beta currently measuring 3.04. Company’s recent per share price level of $5.05 trading at $0.1 or 2.02% at ring of the bell on the day assigns it a market valuation of $1.96 Billion. That closing price of AMRN’s stock is at a discount of -417.23% from its 52-week high price of $26.12 and is indicating a premium of 33.47% from its 52-week low price of $3.36. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 7.57 Million shares which gives us an average trading volume of 8.8 Million if we extend that period to 3-months.
For Amarin Corporation plc (AMRN), analysts’ consensus is at an average recommendation of Overweight while assigning it a mean rating of 2.2. Splitting up the data highlights that, out of 13 analysts covering the stock, none rated the stock as a Sell while none recommended an Overweight rating for the stock. 5 suggested the stock as a Hold whereas 8 see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0.01 in the current quarter.
Amarin Corporation plc (NASDAQ:AMRN) trade information
Upright in the green today for gaining 2.02%, in the last five days AMRN remained trading in the green while hitting it’s week-highest on Friday, Oct 09 when the stock touched $5.39-6 price level, adding 6.31% to its value on the day. Amarin Corporation plc’s shares saw a change of -76.45% in year-to-date performance and have moved -4.36% in past 5-day. Amarin Corporation plc (NASDAQ:AMRN) showed a performance of 20.81% in past 30-days. Number of shares sold short was 24.86 Million shares which calculate 2.83 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $11.4 to the stock, which implies a rise of 125.74% to its current value. Analysts have been projecting $5 as a low price target for the stock while placing it at a high target of $21. It follows that stock’s current price would jump +315.84% in reaching the projected high whereas dropping to the targeted low would mean a loss of -0.99% for stock’s current value.
Amarin Corporation plc (AMRN) estimates and forecasts
12 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $154.63 Million for the same. And 12 analysts are in estimates of company making revenue of $177.11 Million in the next quarter that will end in December 01, 2020. Company posted $110.04 Million and $143.28 Million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 40.5% while estimating it to be 23.6% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 27.3% during past 5 years. In 2020, company’s earnings growth rate is likely to be around 83.1% while estimates for its earnings growth in next 5 years are of 38.9%