Amneal Pharmaceuticals Inc (NASDAQ: AMRX) is -11.70% lower on its value in year-to-date trading and has touched a low of $1.58 and a high of $6.46 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 AMRX stock was last observed hovering at around $5.46 in the last trading session, with the day’s loss setting it -0.1%.
Currently trading at $5.36, the stock is -8.71% and -6.13% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.84 million and changing -1.83% at the moment leaves the stock 14.70% off its SMA200. AMRX registered 226.83% gain for a year compared to 6-month gain of 44.09%.
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The stock witnessed a -15.46% loss in the last 1 month and extending the period to 3 months gives it a 0.94%, and is -5.80% 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 3.81% over the week and 4.51% over the month.
Amneal Pharmaceuticals Inc (AMRX) has around 7850 employees, a market worth around $1.65B and $2.39B in sales. Fwd P/E is 8.16. Profit margin for the company is -3.51%. Distance from 52-week low is 240.32% and -17.03% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.30%).
The EPS is expected to shrink by -8.93% this year
The shares outstanding are 306.56M, and float is at 111.72M with Short Float at 2.15%.
Amneal Pharmaceuticals Inc (AMRX) Insider Activity
The most recent transaction is an insider sale by BOYER ANDREW S, the company’s Executive Vice President. SEC filings show that BOYER ANDREW S sold 29,302 shares of the company’s common stock on Aug 11 ’23 at a price of $4.13 per share for a total of $0.12 million. Following the sale, the insider now owns 0.24 million shares.
