Alkermes plc (NASDAQ: ALKS) is -13.12% lower on its value in year-to-date trading and has touched a low of $20.46 and a high of $32.88 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 ALKS stock was last observed hovering at around $24.59 in the last trading session, with the day’s loss setting it -0.49%.
Currently trading at $24.10, the stock is -1.04% and -9.25% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.1 million and changing -1.99% at the moment leaves the stock -9.04% off its SMA200. ALKS registered -16.13% loss for a year compared to 6-month gain of 3.74%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -9.84% loss in the last 1 month and extending the period to 3 months gives it a -9.74%, and is 0.37% up 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 2.59% over the week and 2.82% over the month.
Alkermes plc (ALKS) has around 2100 employees, a market worth around $4.08B and $1.73B in sales. Current P/E ratio is 9.51 and Fwd P/E is 9.25. Profit margin for the company is 25.17%. Distance from 52-week low is 17.79% and -26.70% from its 52-week high. The company has generated returns on investments over the last 12 months (26.88%).
The EPS is expected to grow by 90.93% this year
The shares outstanding are 166.98M, and float is at 166.74M with Short Float at 8.11%.
Alkermes plc (ALKS) Insider Activity
The most recent transaction is an insider sale by Nichols Christian Todd, the company’s SVP, Chief Commercial Officer. SEC filings show that Nichols Christian Todd sold 10,417 shares of the company’s common stock on Mar 18 ’24 at a price of $28.10 per share for a total of $0.29 million. Following the sale, the insider now owns 65911.0 shares.
Alkermes plc disclosed in a document filed with the SEC on Feb 27 ’24 that Parisi Samuel Joseph (VP, Finance (Interim PAO)) sold a total of 2,559 shares of the company’s common stock. The trade occurred on Feb 27 ’24 and was made at $29.65 per share for $75874.0. Following the transaction, the insider now directly holds 7717.0 shares of the ALKS stock.
Still, SEC filings show that on Feb 15 ’24, LAURENCIN CATO T (Director) disposed off 2,690 shares at an average price of $31.85 for $85676.0. The insider now directly holds 15,169 shares of Alkermes plc (ALKS).
