Amarin Corporation plc (NASDAQ:AMRN) surged in premarket trading Tuesday after the pharmaceutical company boosted its revenue guidance amid strong demand for its Vascepa treatment for chronic cardiovascular disease. American depositary receipts of Amarin jumped more than 8% to $20.82 after the company said in a business update it was raising its 2019 revenue guidance to a range of between $380 million and $420 million, up from $350 million previously.
The insider ownership percentage is the key indicator, can be used by investors, to measure the outlook of senior management has on their company. Insider ownership for the AMRN is 0.80%. Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. The Institutional ownership for the AMRN is 48.80%.
Insider trading is the buying or selling of any publicly traded company’s stock and this can be done by someone who has non-public, material information about that AMRN. Insider trading can be illegal or legal depending on when the insider makes the trade. It is illegal when the material information is still non-public. The insider transactions of the company (6-month change in insider ownerships) for the Amarin Corporation plc (NASDAQ:AMRN) is 0.00%.
Institutional ownership is the amount of a Amarin Corporation plc (NASDAQ:AMRN)’s available stock owned by mutual or pension funds, insurance companies, investment firms, private foundations, endowments or other large entities that actually manage the funds on the behalf of others, so its an interesting element for the traders to note it, and the Institutional ownership for the AMRN is 1.34%.
a Healthcare sector firm, Amarin Corporation plc (NASDAQ:AMRN) stock tanked -0.77% on Monday and when day-trade ended the stock finally concluded at $19.24 and number of shares that changed hands during the day are 4.66 Million. The number of shares AMRN stock currently held by all its shareholders are 319.26 and floated shares, the number of shares are available for trading in an open market on last trading day are 149.62. The average volume of shares for 3 months is 5567.59 and AMRN stock value has moved between $2.35 – 23.46 in last one year.
The Amarin Corporation plc (NASDAQ:AMRN)’s latest earnings date is 7/31/2019. The Gross margin is the difference between the revenue and the cost of goods sold (COGS), divided by revenue. In other words, Gross Margin is a percentage value, while Gross Profit is a monetary value. The valuable gross margin for Amarin Corporation plc (NASDAQ:AMRN) is 76.40% and the profit margin is -45.20% and the stock has gained 41.37% in 2019 to date.
U.S. traded shares of Amarin Corporation plc (NASDAQ:AMRN)’s monthly stock performance is 8.52%, the quarterly performance is -4.37%, the half year performance is calculated as 45.32%. The yearly performance of AMRN is 534.98%.
The higher the volatility, the riskier the security. For example, when the stock market rises and falls more than one percent over a sustained period of time, it is called a “volatile” market, if the stock price stays relatively stable, the security has low volatility. The Amarin Corporation plc (NASDAQ:AMRN) weekly volatility is measured as 3.55% and monthly volatility measured as 3.98%.
Return on assets (ROA) is a main indicator of how profitable a company is relative to its total assets. AMRN return on assets is -39.80%, the return on equity (ROE) of the Amarin Corporation plc (NASDAQ:AMRN) is -450.10%, while the most important return on investment is calculates as a percentage and is typically used for personal financial decisions, and AMRN return on investment is -51.40%.
The price to sales ratio is 23.75, and price to book ratio is 53.44, price to cash per share ration is 29.10.
Analysts mean target price for Amarin Corporation plc (NASDAQ:AMRN) is $32.83 while analysts mean recommendation is 1.50. The current share price indicates that stock is -17.55% away from its one year high and is moving 718.72% ahead of its 52-week low. AMRN’s distance from 20 day simple moving average is 4.47% and distance from 50-Day simple moving average is 6.52%.