Amylyx Pharmaceuticals Inc (NASDAQ:AMLX) has a beta value of -0.70 and has seen 1.31 million shares traded in the last trading session. The company, currently valued at $401.06M, closed the last trade at $5.64 per share which meant it gained $0.24 on the day or 4.44% during that session. The AMLX stock price is -253.72% off its 52-week high price of $19.95 and 71.99% above the 52-week low of $1.58. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.71 million shares traded. The 3-month trading volume is 1.31 million shares.
The consensus among analysts is that Amylyx Pharmaceuticals Inc (AMLX) is Buy stock at the moment, with a recommendation rating of 2.33. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 3 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.71.
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
Amylyx Pharmaceuticals Inc (NASDAQ:AMLX) trade information
Sporting 4.44% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the AMLX stock price touched $5.64 or saw a rise of 2.76%. Year-to-date, Amylyx Pharmaceuticals Inc shares have moved -61.68%, while the 5-day performance has seen it change 6.21%. Over the past 30 days, the shares of Amylyx Pharmaceuticals Inc (NASDAQ:AMLX) have changed 91.84%. Short interest in the company has seen 1.01 million shares shorted with days to cover at 0.76.
Wall Street analysts have a consensus price target for the stock at $4, which means that the shares’ value could drop -41.0% from current levels. The projected low price target is $3.0 while the price target rests at a high of $10.0. In that case, then, we find that the current price level is -77.3% off the targeted high while a plunge would see the stock lose 46.81% from current levels.
Amylyx Pharmaceuticals Inc (AMLX) estimates and forecasts
Figures show that Amylyx Pharmaceuticals Inc shares have underperformed across the wider relevant industry. The company’s shares have gained 177.83% over the past 6 months, with this year growth rate of -650.00%, compared to 18.30% for the industry. Revenue growth from the last financial year stood is estimated to be -77.00%.
AMLX Dividends
Amylyx Pharmaceuticals Inc is expected to release its next earnings report in December this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Amylyx Pharmaceuticals Inc (NASDAQ:AMLX)’s Major holders
Insiders own 14.35% of the company shares, while shares held by institutions stand at 95.90% with a share float percentage of 111.97%. Investors are also buoyed by the number of investors in a company, with Amylyx Pharmaceuticals Inc having a total of 167.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 4.22 million shares worth more than $8.03 million. As of 2024-06-30, VANGUARD GROUP INC held 6.2251% of shares outstanding.
The other major institutional holder is AQR CAPITAL MANAGEMENT LLC, with the holding of over 3.34 million shares as of 2024-06-30. The firm’s total holdings are worth over $6.35 million and represent 4.9237% of shares outstanding.
