What Are The Chances Of Amarin Corp ADR (NASDAQ: AMRN) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

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Stocks Info

As a NASDAQ listed company, AMRN falls under the Healthcare sector while operating within the Drug Manufacturers – General industry segment. The current market capitalization of Amarin Corp ADR is $320.66M. A total of 1.2 million shares were traded on the day, compared to an average of 1.45M shares.

In the most recent transaction, Holt Patrick bought 14,426 shares of AMRN for 1.09 per share on Jan 22 ’24. After the transaction, the President and CEO now owns 314,426 company shares. In a previous transaction on Dec 12 ’23, Ketchum Steven B sold 34,131 shares at 0.79 per share. AMRN shares that Chief Scientific Officer owns now total 566,100.

Among the insiders who bought shares, Holt Patrick acquired of 300,000 shares on Aug 16 ’23 at a per-share price of $1.04. This resulted in the President and CEO holding 300,000 shares of AMRN after the transaction.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, AMRN has a high of $1.49 and a low of $0.63.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. AMRN’s latest balance sheet shows that the firm has $454.13M in Cash & Short Term Investments as of fiscal 2021. There were $8.58M in debt and $370.68M in liabilities at the time. Its Book Value Per Share was $1.33, while its Total Shareholder’s Equity was $667.10M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AMRN is Buy with a score of 2.50.

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