Biomarin Pharmaceutical Inc. (NASDAQ: BMRN) is -7.06% lower on its value in year-to-date trading and has touched a low of $73.68 and a high of $99.56 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 BMRN stock was last observed hovering at around $90.99 in the last trading session, with the day’s loss setting it -1.38%.
Currently trading at $89.61, the stock is 4.90% and 6.75% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.73 million and changing -1.51% at the moment leaves the stock 3.23% off its SMA200. BMRN registered -0.75% loss for a year compared to 6-month loss of 4.04%.
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The stock witnessed a 4.33% gain in the last 1 month and extending the period to 3 months gives it a 12.50%, and is 3.84% 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 1.96% over the week and 2.33% over the month.
Biomarin Pharmaceutical Inc. (BMRN) has around 3401 employees, a market worth around $17.06B and $2.59B in sales. Current P/E ratio is 67.65 and Fwd P/E is 30.06. Profit margin for the company is 9.91%. Distance from 52-week low is 21.63% and -9.99% from its 52-week high. The company has generated returns on investments over the last 12 months (4.36%).
The EPS is expected to grow by 135.08% this year
The shares outstanding are 188.60M, and float is at 186.77M with Short Float at 3.68%.
Biomarin Pharmaceutical Inc. (BMRN) Insider Activity
Biomarin Pharmaceutical Inc. disclosed in a document filed with the SEC on May 30 ’24 that Mueller Brian (EVP, Chief Financial Officer) sold a total of 5,000 shares of the company’s common stock. The trade occurred on May 30 ’24 and was made at $75.19 per share for $0.38 million. Following the transaction, the insider now directly holds 72159.0 shares of the BMRN stock.
Still, SEC filings show that on May 28 ’24, Davis George Eric (EVP, Chief Legal Officer) disposed off 40,850 shares at an average price of $74.51 for $3.04 million. The insider now directly holds 56,157 shares of Biomarin Pharmaceutical Inc. (BMRN).
