Amarin Corp ADR (NASDAQ:AMRN) has a beta value of 1.99 and has seen 1.18 million shares traded in the last trading session. The company, currently valued at $376.48M, closed the last trade at $0.92 per share which meant it gained $0.04 on the day or 5.01% during that session. The AMRN stock price is -61.96% off its 52-week high price of $1.49 and 29.35% above the 52-week low of $0.65. The 3-month trading volume is 1.54 million shares.
Amarin Corp ADR (NASDAQ:AMRN) trade information
Sporting 5.01% in the green in last session, the stock has traded in the green over the last five days, when the AMRN stock price touched $0.92 or saw a rise of 0.96%. Year-to-date, Amarin Corp ADR shares have moved 5.85%, while the 5-day performance has seen it change 4.26%. Over the past 30 days, the shares of Amarin Corp ADR (NASDAQ:AMRN) have changed 4.41%.
Amarin Corp ADR (AMRN) estimates and forecasts
Figures show that Amarin Corp ADR shares have underperformed across the wider relevant industry. The company’s shares have gained 33.46% over the past 6 months, with this year growth rate of -566.67%, compared to 12.60% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are 25.00% and 25.00% for the next quarter. Revenue growth from the last financial year stood is estimated to be -27.80%.
4 analysts offering their estimates for the company have set an average revenue estimate of $57.04 million for the current quarter. 4 have an estimated revenue figure of $54.56 million for the next quarter concluding in Jun 2024.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 17.93% over the past 5 years. Earnings growth for 2024 is a modest 6.67% while over the next 5 years, the company’s earnings are expected to increase by 38.90%.
AMRN Dividends
Amarin Corp ADR is expected to release its next earnings report in June this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
