In last trading session, Amarin Corp ADR (NASDAQ:AMRN) saw 0.67 million shares changing hands with its beta currently measuring 1.84. Company’s recent per share price level of $0.51 trading at $0.02 or 3.64% at ring of the bell on the day assigns it a market valuation of $209.70M. That closing price of AMRN’s stock is at a discount of -168.63% from its 52-week high price of $1.37 and is indicating a premium of 9.8% from its 52-week low price of $0.46. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.86 million shares which gives us an average trading volume of 975.19K if we extend that period to 3-months.
For Amarin Corp ADR (AMRN), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 4.33. Splitting up the data highlights that, out of 2 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.03 in the current quarter.
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
Amarin Corp ADR (NASDAQ:AMRN) trade information
Upright in the green during last session for gaining 3.64%, in the last five days AMRN remained trading in the red while hitting it’s week-highest on Friday, 11/22/24 when the stock touched $0.51 price level, adding 8.93% to its value on the day. Amarin Corp ADR’s shares saw a change of -41.39% in year-to-date performance and have moved -2.86% in past 5-day. Amarin Corp ADR (NASDAQ:AMRN) showed a performance of -15.33% in past 30-days. Number of shares sold short was 17.93 million shares which calculate 16.49 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 2 to the stock, which implies a rise of 74.5% to its current value. Analysts have been projecting 1.5 as a low price target for the stock while placing it at a high target of 3. It follows that stock’s current price would drop -194.12% in reaching the projected high whereas dropping to the targeted low would mean a loss of -194.12% for stock’s current value.
Amarin Corp ADR (AMRN) estimates and forecasts
Statistics highlight that Amarin Corp ADR is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -41.05% of value to its shares in past 6 months, showing an annual growth rate of -533.33% while that of industry is 17.70. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -32.66% from the last financial year’s standing.
3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 37.46M for the same. And 1 analysts are in estimates of company making revenue of 36.86M in the next quarter. Company posted 74.71M and 56.52M of sales in current and next quarters respectively a year earlier.
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 17.93% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 8.89% while estimates for its earnings growth in next 5 years are of 38.90%.
Amarin Corp ADR (NASDAQ:AMRN)’s Major holders
Insiders are in possession of 1.60% of company’s total shares while institution are holding 17.05 percent of that, with stock having share float percentage of 17.33%. Investors also watch the number of corporate investors in a company very closely, which is 17.05% institutions for Amarin Corp ADR that are currently holding shares of the company. SARISSA CAPITAL MANAGEMENT LP is the top institutional holder at AMRN for having 24.85 million shares of worth $17.1 million. And as of 2024-06-30, it was holding 6.059 of the company’s outstanding shares.
The second largest institutional holder is KYNAM CAPITAL MANAGEMENT, LP, which was holding about 12.16 million shares on 2024-06-30. The number of shares represents firm’s hold over 2.9638 of outstanding shares, having a total worth of $8.36 million.
On the other hand, SPDR Portfolio Developed World ex-US ETF and Delaware Group Equity Fds IV-Delaware Healthcare Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 247.51 shares of worth $0.13 million or 0.25% of the total outstanding shares. The later fund manager was in possession of 190.0 shares on Sep 30, 2024 , making its stake of worth around $96272.0 in the company or a holder of 0.19% of company’s stock.
