In the last trading session, 1.2 million shares of the Amarin Corp ADR (NASDAQ:AMRN) were traded, and its beta was 1.97. Most recently the company’s share price was $0.78, and it changed around $0.03 or 4.68% from the last close, which brings the market valuation of the company to $320.66M. AMRN currently trades at a discount to its 52-week high of $1.49, offering almost -91.03% off that amount. The share price’s 52-week low was $0.63, which indicates that the current value has risen by an impressive 19.23% since then. We note from Amarin Corp ADR’s average daily trading volume that its 3-month average coming to 1.45 million.
Amarin Corp ADR stock received a consensus recommendation rating of Buy, based on a mean score of 3.50. If we narrow it down even further, the data shows that 0 out of 5 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 0 recommended AMRN as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight. Amarin Corp ADR is expected to report earnings per share of -0.04 for the current quarter.
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Amarin Corp ADR (NASDAQ:AMRN) trade information
Instantly AMRN has showed a green trend with a performance of 4.68% at the end of last trading. The performance over the last five days has remained in the green territory. The company’s shares are currently down -10.26% year-to-date, but still up 6.00% over the last five days. On the other hand, Amarin Corp ADR (NASDAQ:AMRN) is 1.39% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $2.17, which translates to bulls needing to increase their stock price by 64.06% from its current value. Analyst projections state that AMRN is forecast to be at a low of $1.5 and a high of $3.
Amarin Corp ADR (AMRN) estimates and forecasts
Amarin Corp ADR share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -39.48 percent over the past six months and at a -633.33% annual growth rate that is well below the industry average of 15.40%. The year-over-year growth rate is expected to be -33.70%, down from the previous year.
Consensus estimates provided by 4 financial analysts predict the company will bring in an average of 50.72M in revenue for the current quarter. 4 analysts expect Amarin Corp ADR to make 47.02M in revenue for the current ending quarter. Forecasts for the next quarter put sales growth at -19.80%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 17.93%. Amarin Corp ADR earnings are expected to increase by -16.67% in 2024, but the outlook is positive 38.90% per year for the next five years.
AMRN Dividends
Amarin Corp ADR’s next quarterly earnings report is expected to be released in August.
