Amylyx Pharmaceuticals Inc. (NASDAQ: AMLX) is -7.71% lower on its value in year-to-date trading and has touched a low of $6.51 and a high of $41.93 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AMLX stock was last observed hovering at around $31.17 in the last trading session, with the day’s gains setting it 2.93%.
Currently trading at $34.10, the stock is -1.41% and -5.29% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.11 million and changing 9.40% at the moment leaves the stock 15.18% off its SMA200. AMLX registered 22.62% gain for a year compared to 6-month gain of 21.27%.
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The stock witnessed a 0.00% loss in the last 1 month and extending the period to 3 months gives it a -4.35%, and is -5.07% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 9.21% over the week and 6.38% over the month.
Amylyx Pharmaceuticals Inc. (AMLX) has around 205 employees, a market worth around $2.44B and $0.30M in sales. Distance from 52-week low is 423.81% and -18.67% from its 52-week high. The company has generated returns on investments over the last 12 months (54.70%).
The EPS is expected to shrink by -108.00% this year.
Amylyx Pharmaceuticals Inc. (AMLX) Top Institutional Holders
The shares outstanding are 58.53M, and float is at 49.98M with Short Float at 10.93%.
Amylyx Pharmaceuticals Inc. (AMLX) Insider Activity
A total of 13 insider transactions have happened at Amylyx Pharmaceuticals Inc. (AMLX) in the last six months, with sales accounting for 2 and purchases happening 11 times. The most recent transaction is an insider sale by Morningside Venture Investment,the company’s10% Owner. SEC filings show that Morningside Venture Investment sold 50,000 shares of the company’s common stock on Mar 02 at a price of $33.75 per share for a total of $1.69 million. Following the sale, the insider now owns 7.48 million shares.
Amylyx Pharmaceuticals Inc. disclosed in a document filed with the SEC on Feb 24 that Mazzariello Gina (Chief Legal Officer) sold a total of 3,586 shares of the company’s common stock. The trade occurred on Feb 24 and was made at $34.49 per share for $0.12 million. Following the transaction, the insider now directly holds 37414.0 shares of the AMLX stock.
Still, SEC filings show that on Feb 23, Morningside Venture Investment (10% Owner) disposed off 50,000 shares at an average price of $35.57 for $1.78 million. The insider now directly holds 7,580,598 shares of Amylyx Pharmaceuticals Inc. (AMLX).