In last trading session, Amarin Corp ADR (NASDAQ:AMRN) saw 1.0 million shares changing hands with its beta currently measuring 0.70. Company’s recent per share price level of $0.43 trading at -$0.01 or -2.26% at ring of the bell on the day assigns it a market valuation of $177.80M. That closing price of AMRN’s stock is at a discount of -158.14% from its 52-week high price of $1.11 and is indicating a premium of 18.6% from its 52-week low price of $0.35. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.9 million shares which gives us an average trading volume of 1.42 million 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 4.00. 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 -0.02 in the current quarter.
Amarin Corp ADR (NASDAQ:AMRN) trade information
Upright in the red during last session for losing -2.26%, in the last five days AMRN remained trading in the red while hitting it’s week-highest on Thursday, 03/27/25 when the stock touched $0.43 price level, adding 8.49% to its value on the day. Amarin Corp ADR’s shares saw a change of -10.93% in year-to-date performance and have moved -6.09% in past 5-day. Amarin Corp ADR (NASDAQ:AMRN) showed a performance of -15.31% in past 30-days. Number of shares sold short was 10.84 million shares which calculate 5.81 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 78.5% 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 -248.84% in reaching the projected high whereas dropping to the targeted low would mean a loss of -248.84% for stock’s current value.
Amarin Corp ADR (AMRN) estimates and forecasts
This year revenue growth is estimated to fall -19.13% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 50.28M for the same. And 2 analysts are in estimates of company making revenue of 48.11M in the next quarter. Company posted 56.52M and 67.49M 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 -24.69% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 10.00% while estimates for its earnings growth in next 5 years are of 27.89%.
Amarin Corp ADR (NASDAQ:AMRN)’s Major holders
Insiders are in possession of 1.63% of company’s total shares while institution are holding 20.18 percent of that, with stock having share float percentage of 20.52%. Investors also watch the number of corporate investors in a company very closely, which is 20.18% 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 6.0486 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 2.9587 of outstanding shares, having a total worth of $8.36 million.
On the other hand, Old Westbury Funds Inc-Old Westbury Small & Mid Cap Strategies Fund and SPDR INDEX SHARES FUNDS-SPDR(R) Portfolio Developed World ex-US ETF are the top two Mutual Funds which own company’s shares. As of Jan 31, 2025 , the former fund manager was holding 352.89 shares of worth $0.15 million or 0.36% of the total outstanding shares. The later fund manager was in possession of 273.69 shares on Feb 28, 2025 , making its stake of worth around $0.12 million in the company or a holder of 0.28% of company’s stock.
