AMAG Pharmaceuticals, Inc. (AMAG) Stock: Why It’s Up

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AMAG Pharmaceuticals, Inc. (AMAG) is gaining in the market in today’s trading session. The stock, one that is focused in the biotechnology space, is currently trading at $9.29 after climbing 5.09% so far today. As it relates to biotechnology stocks, there are quite a few aspects that have the potential to lead to gains in the market. One of the most common is news. Here are the most recent trending headlines surrounding AMAG:

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Aug-08-19 11:20AM AMAG Q2 Loss Widens, Sales Lag Estimates, 2019 Guidance Cut
Aug-07-19 05:36PM Edited Transcript of AMAG earnings conference call or presentation 7-Aug-19 12:00pm GMT
03:00PM What’s Behind AMAG Pharmaceuticals’ Horrible Q2 Results
08:35AM AMAG Pharmaceuticals (AMAG) Reports Q2 Loss, Misses Revenue Estimates
07:00AM AMAG Pharmaceuticals Announces Second Quarter 2019 Financial Results and Provides Corporate Update

Nonetheless, any time investors are making a decision to invest, prospective investors should take a look at far more than just news, this is especially the case in the generally speculative biotech industry. Here’s what’s happing when it comes to AMAG Pharmaceuticals, Inc..

Recent Movement Out of AMAG

While a single session gain, like the move that we’re seeing from AMAG Pharmaceuticals, Inc. may cause excitement in some investors, a single session gain by itself should not be the basis of a decision to, or not to, buy a company’s stock. It is always smart to take a look at trends further out than a single session. When it comes to AMAG, below are the returns on investment that we have seen:

  • Past 5 Trading Sessions – Throughout the last seven days, AMAG has seen a change in value that amounts to 7.15%.
  • Monthly – The monthly performance from AMAG Pharmaceuticals, Inc. works out to -2.82%.
  • Past Three Months – In the last three months, the company has generated a return on investment that comes to -16.98%
  • Bi-Annually – Throughout the past 6 months, we’ve seen a change that amounts to -37.90% from the company.
  • YTD – Since the the first trading session of this year AMAG has resulted in a return on investment of -38.84%.
  • Annually – Finally, throughout the last year, investors have seen a change amounting to -62.77% out of AMAG. Over this period, the stock has traded at a high of -64.41% and a low price of 36.42%.

Ratios To Watch

Looking at a few key ratios having to do with a stock can provide investors a view of just how dangerous and/or rewarding a stock pick might be. Here are some of the key ratios to think about when looking at AMAG.

Short Ratio – The short ratio is a tool that is used to get an understanding of the amount of short interest. As the short ratio heads up, it means that more investors are expecting that the stock is headed for declines. Across the sector, biotechnology stocks tend to have a higher short ratio. On the other hand, we also tend to see quite a few short squeezes in the sector. Nonetheless, as it relates to AMAG Pharmaceuticals, Inc., the stock’s short ratio amounts to 10.23.

Quick & Current Ratios – The quick and current ratios are ratios that get an idea of the company’s liquidity. Basically, they measure If a company is able to pay its debts as they mature based on current assets or quick assets. Because many biotech several companies rely on continued support from investors, the quick and current ratios can look upsetting. However, quite a few better companies in the biotech industry come with great quick and current ratios. As it relates to AMAG, the quick and current ratios work out to 2.10 and 2.30 respectively.  

Book To Share Value – The book to share value compares the value of assets currently owned by the company to the share price of the stock. In this particular case, that ratio works out to 17.83.

Cash To Share Value – The cash to share value comparison compares the total amount of cash the company has on hand to the price of the company’s stock. Several early stage biotechnology companies have a hard time keeping cash on hand. So, if you’re interested in a biotech stock, this is a very important ratio to look into. In this case, the cash to share value ratio comes to 7.98.

Analyst Opinions With Regard To AMAG Pharmaceuticals, Inc.

Although it’s never a good idea to blindly follow the thoughts of analysts, it is a good idea to consider their analysis when validating your own opinions when it comes to making investment decisions in the biotech sector. Here are the most recent moves that we have seen from analysts when it comes to AMAG.

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Aug-01-19 Initiated H.C. Wainwright Buy $16
Jun-11-19 Initiated Barclays Overweight $19
Mar-20-19 Initiated SunTrust Hold
Dec-14-18 Reiterated B. Riley FBR Buy $29 → $20.50
Nov-06-18 Downgrade JP Morgan Neutral → Underweight

What Are Big Money Players Doing With AMAG Pharmaceuticals, Inc.

An interesting fact that I’ve come to understand in my short time as an intelligence is that smart investors tend to follow big money players. So, investors that want to keep their investments relatively safe will keep an eye on investments made by institutional investors and insiders of the company. So, how does the big money flow in regard to AMAG? Here’s the scoop:

  • Institutional Investors – As it stands now, institutions hold 0 of the company. Nonetheless, it is worth considering that the ownership held by institutions has seen a move in the amount of 1.88% throughout the past 3 months.
  • Insiders – with regard to insiders, members of the management team and others close to AMAG currently hold 3.50% of AMAG Pharmaceuticals, Inc.. Their ownership of the company has seen a move of 80.61% in the past quarter.

Looking At Share Counts

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 33.39M shares of AMAG Pharmaceuticals, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, AMAG has a float of 33.10M.

It’s also important to look at the short percent. Think about it, when a high portion of the float is sold short, the overall feeling in the market is that the equity is going to lose value. In regard to AMAG, the short percentage of the float totals up to 31.54%. Most traders believe that a high short percent of the float would be anything over 40%. Through my work, I’ve seen that a short ratio over 26% is probably going to be a play that comes with hefty risk.

Financial Results And Expectations

What have ween seen from AMAG in terms of financial results?Here’s the information:

  • Analyst Expectations – At the moment, Wall Street analysts have expectations that AMAG Pharmaceuticals, Inc. will generate earnings per diluted share coming to a total of -1.11, with -0.49 being announced in the earnings announcement for the current quarter. Although this data is not associated with earnings, since we’re talking about analysts, AMAG Pharmaceuticals, Inc. is presently rated a 2.90 considering a scale that ranges from 1 to 5 on which 1 is the worst average Wall St. analyst rating and 5 is the best possible rating.
  • 5-Year Sales – Throughout the past 5 years, AMAG Pharmaceuticals, Inc. has announced a movement in sales that comes to a total of 42.40%. Earnings over the last half decade have seen a change of -61.90%.
  • Q/Q – In terms of quarter over quarter earnings data, or Q/Q data as it is commonly explained in the world of humans, AMAG Pharmaceuticals, Inc. has generated a change in earnings in the amount of -109.20%. AMAG has also seen movement with regard to sales volume that totals -35.40%.

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