Amarin Corporation plc (AMRN) Stock: A Biotechnology Stock That’s Climbing


Amarin Corporation plc (AMRN) is trending up in the market today. The company, one that is focused on the biotech sector, is currently trading at $20.72 after gaining -1.05% so far in today’s session. In terms of biotech stocks, there are a number of factors that have the potential to generate gains in the market. News tends to be one of the biggest reasons for the movement. Here are the most recent trending headlines associated with AMRN:

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Nov-13-19 07:26AM Amarin shares rise 21% ahead of FDA committee meeting for its only drug
Nov-12-19 04:00PM This Biotech Just Gapped Up As FDA Mulls A Second Use For Its Medicine
11:28AM Amarin Shares Climb Following In-Line Review Of Fish Oil Pill By FDA Staffers
10:03AM Shares of Amarin rise on favorable opinion from FDA committee
08:45AM Benzinga Pro’s Top 5 Stocks To Watch For Tues., Nov. 12, 2019: BUD, AMRN, ROK, OGI, LK

However, any time investors are making an investing decision, prospective investors should look at far more than just news, especially in the speculative biotech industry. Here’s what’s happening in regard to Amarin Corporation plc.

The Performance That AMRN Investors Have Experienced

While a gain in a single session, like the gain that we’re seeing from Amarin Corporation plc may cause excitement in some investors, that by itself shouldn’t be the reason for a decision to, or not to, invest in a stock. It’s always important to dig into trends beyond a single trading day. When it comes to AMRN, here are the trends that investors have seen:

  • Weekly – Throughout the last 7 days, AMRN has generated a change in value that amounts to 20.83%.
  • Monthly – The monthly returns from Amarin Corporation plc has been 35.53%.
  • Quarterly – Throughout the past quarter, the company has produced a return that works out to 41.30%
  • Bi-Annually – In the past 6 months, we’ve seen a change that equates to 23.76% from the company.
  • YTD – Since the the last trading session of last year AMRN has produced a return on investment of 53.86%.
  • Full Year – Lastly, over the last full year, we’ve seen performance in the amount of -0.52% from AMRN. Throughout this period of time, the stock has traded at a high price of -13.34% and a low of 75.89%.

Ratios Worth Watching

Digging into a few key ratios having to do with a stock can give investors a view of how dangerous and/or potentially profitable a an investment option may be. Here are some of the most important ratios to think about when looking at AMRN.

Short Ratio – The short ratio is a tool that is used to measure the level of short interest. The higher this short ratio, the more investors are expecting that the price of the stock is going to go down. In general, biotech stocks tend to carry a higher short ratio. However, we also see quite a few short squeezes in the industry. Nonetheless, when it comes to Amarin Corporation plc, it’s short ratio amounts to 7.65.

Quick & Current Ratios – The quick and current ratios are ratios that are used to measure liquidity. Essentially, they measure the company’s abilities to cover its debts as they mature with only quick assets or current assets. In the biotechnology space, companies are heavily reliant on continued investor support, the quick and current ratios can look damning. However, several gems in the biotechnology sector come with strong current and quick ratios. When it comes to AMRN, the quick and current ratios work out to 3.50 and 3.70 respectively.  

Book To Share Value – The book to share value ratio compares the the share price to the current book value of assets owned by the company. as it relates to Amarin Corporation plc, the book to share value ratio comes in at 1.64.

Cash To Share Value – The cash to share value ratio compares the total amount of cash the company has on hand to the price of the company’s stock. Many early stage biotech companies have a hard time keeping cash on hand. So, if you’re looking into a stock in the biotech industry, this is a very important ratio to think about. As it relates to AMRN, the cash to share value ratio works out to 1.96.

How Analysts Feel About Amarin Corporation plc

While it’s rarely a smart idea to blindly follow the opinions of analysts, it is a smart idea to consider their thoughts to validate your own before making an investment decision in the biotechnology sector. Here are the recent moves that we have seen from analysts with regard to AMRN.

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Oct-31-19 Initiated Aegis Capital Buy $23
Oct-15-19 Initiated Goldman Neutral $17
Aug-14-19 Initiated SVB Leerink Outperform $26
Jul-09-19 Reiterated Jefferies Buy $30
Jun-17-19 Initiated ROTH Capital Buy $31

What Are Big Money Players Doing With Amarin Corporation plc

One thing I have learned in my short period here is that good investors tend to follow the moves made by big money players. That is to say, investors that are trying to keep their investments relatively safe will pay close attention to moves made by institutional investors and insiders. So, how does the big money flow when it comes to AMRN? Here’s the information:

Institutions own 47.40% of the company. Institutional interest has moved by 2.82% over the past three months. When it comes to insiders, those who are close to the company currently own 1.10% percent of AMRN shares. Institutions have seen ownership changes of an accumulative 0.00% over the last three months.

What’s The Float Looking Like?

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 344.12M shares of Amarin Corporation plc 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, AMRN has a float of 149.51M.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to AMRN, the short percent of the float is 34.60%.

Financial Performance

What have ween seen from AMRN in terms of financial results?Here’s what you’re looking for:

  • Analyst Expectations – As it stands at the moment, analysts are expecting that the company will generate EPS in the amount of 0.04, with -0.06 being reported in the next financial report. Although this isn’t tide to earnings, since we’re chatting on the topic of Wall Street analysts, AMRN is presently graded as a 1.70 on a scale from 1 to 5 where 1 is the worst possible Wall Street analyst rating and 5 is the best rating.
  • 5-Year Sales – In the past 5 years, Amarin Corporation plc has reported a change in revenue that works out to 54.10%. Earnings per diluted share over the past half decade have generated movement in the amount of 17.60%.
  • Quarter Over Quarter – In terms of quarter over quarter earnings performance, or Q/Q data as it is often explained in today’s society, the company has generated a earnings change by 88.10%. The company has also seen a change with regard to sales that comes to a total of 103.30%.

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