Amicus Therapeutics Inc (NASDAQ: FOLD) is -16.00% lower on its value in year-to-date trading and has touched a low of $9.02 and a high of $14.57 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 FOLD stock was last observed hovering at around $11.89 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $11.92, the stock is 11.52% and 14.75% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.77 million and changing 0.25% at the moment leaves the stock 4.88% off its SMA200. FOLD registered -6.95% loss for a year compared to 6-month loss of -12.99%.
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The stock witnessed a 15.95% gain in the last 1 month and extending the period to 3 months gives it a 22.26%, and is 1.71% 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 3.04% over the week and 3.97% over the month.
Amicus Therapeutics Inc (FOLD) has around 517 employees, a market worth around $3.54B and $455.65M in sales. Fwd P/E is 62.33. Profit margin for the company is -26.23%. Distance from 52-week low is 32.15% and -18.19% from its 52-week high. The company has generated returns on investments over the last 12 months (-21.03%).
The EPS is expected to grow by 63.49% this year.
Amicus Therapeutics Inc (FOLD) Top Institutional Holders
348.0 institutions hold shares in Amicus Therapeutics Inc (FOLD), with institutional investors hold 108.49% of the company’s shares. The shares outstanding are 293.59M, and float is at 288.92M with Short Float at 8.49%. Institutions hold 107.68% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 28.2 million shares valued at $332.25 million. The investor’s holdings represent 9.3113 of the FOLD Shares outstanding. As of 2024-03-31, the second largest holder is PERCEPTIVE ADVISORS LLC with 28.06 million shares valued at $330.52 million to account for 9.2629 of the shares outstanding. The other top investors are AVORO CAPITAL ADVISORS LLC which holds 27.4 million shares representing 9.0458 and valued at over $322.77 million, while BLACKROCK INC. holds 7.5435 of the shares totaling 22.85 million with a market value of $269.17 million.
Amicus Therapeutics Inc (FOLD) Insider Activity
The most recent transaction is an insider sale by Campbell Bradley L, the company’s President and CEO. SEC filings show that Campbell Bradley L sold 7,500 shares of the company’s common stock on Aug 01 ’24 at a price of $10.34 per share for a total of $77518.0. Following the sale, the insider now owns 0.89 million shares.
Still, SEC filings show that on Jul 05 ’24, Campbell Bradley L (President and CEO) disposed off 6,100 shares at an average price of $10.00 for $61029.0. The insider now directly holds 886,654 shares of Amicus Therapeutics Inc (FOLD).
