Amarin Corp ADR (NASDAQ:AMRN) shares, rose in value on Thursday, April 16, with the stock price down by -2.67% to the previous day’s close as strong demand from buyers drove the stock to $9.11.
Actively observing the price movement in the last trading, the stock closed the session at $9.36, falling within a range of $8.84 and $9.34. The value of beta (5-year monthly) was 1.393. Referring to stock’s 52-week performance, its high was $20.60, and the low was $7.08. On the whole, AMRN has fluctuated by -0.98% over the past month.
With the market capitalization of Amarin Corp ADR currently standing at about $187.48 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-11.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 177.4M, with a low estimate of 49.3M and a high estimate of 52.19M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 50.75M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that AMRN’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of AMRN currently trading nearly 1.27% and -7.61% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 48.40, while the 7-day volatility ratio is showing 10.31% which for the 30-day chart, stands at 9.38%. Furthermore, Amarin Corp ADR (AMRN)’s beta value is 0.64, and its average true range (ATR) is 0.88.
A comparison of Amarin Corp ADR (AMRN) with its peers suggests the former has fared considerably weaker in the market. AMRN showed an intraday change of -2.67% in last session, and over the past year, it shrunk by -49.16%%.
Data on historical trading for Amarin Corp ADR (NASDAQ:AMRN) indicates that the trading volumes over the past 10 days have averaged 0.16 and over the past 3 months, they’ve averaged 85.80K. According to company’s latest data on outstanding shares, there are 20.58 million shares outstanding.
Nearly 0.42% of Amarin Corp ADR’s shares belong to company insiders and institutional investors own 19.85% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.6 million shares as on 2025-03-31, resulting in a short ratio of 5.86. According to the data, the short interest in Amarin Corp ADR (AMRN) stood at 14.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 0.84 million. The stock has fallen by -6.08% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the AMRN stock heading into the next quarter.
