Do Amneal Pharmaceuticals Inc. (AMRX) beta value of 1.39 signposts another twist?

Amneal Pharmaceuticals Inc. (AMRX) is priced at $4.65 after the most recent trading session. At the very opening of the session, the stock price was $4.23 and reached a high price of $4.41, prior to closing the session it reached the value of $4.39. The stock touched a low price of $4.1575.

Recently in News on October 8, 2020, Amneal & PL Developments Launch Store Brand Program of Over-the-Counter (“OTC”) Diclofenac Sodium Topical Gel, 1%. Amneal Pharmaceuticals, Inc. (NYSE: AMRX) (“Amneal’ or the “Company”) and PL Developments (PLD) today announced that they have commenced shipments of store brand equivalent Voltaren® Arthritis Pain Gel (diclofenac sodium topical gel, 1%) in 50, 100 and 150g laminate tubes following FDA clearance. Amneal and PLD have partnered to bring this important product to US retailers. You can read further details here

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Amneal Pharmaceuticals Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $5.68 on 01/16/20, with the lowest value was $2.40 for the same time period, recorded on 03/17/20.

Amneal Pharmaceuticals Inc. (AMRX) full year performance was 44.88%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Amneal Pharmaceuticals Inc. shares are logging -19.69% during the 52-week period from high price, and 93.75% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $2.40 and $5.79.

The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 837408 for the day, which was evidently lower, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Amneal Pharmaceuticals Inc. (AMRX) recorded performance in the market was -8.92%, having the revenues showcasing 0.69% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 1.30B, as it employees total of 5500 workers.

Market experts do have their say about Amneal Pharmaceuticals Inc. (AMRX)

During the last month, 2 analysts gave the Amneal Pharmaceuticals Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 7 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 1 of the polled analysts provided SELL rating.

According to the data provided on, the moving average of the company in the 100-day period was set at 4.43, with a change in the price was noted +0.28. In a similar fashion, Amneal Pharmaceuticals Inc. posted a movement of +6.39% for the period of last 100 days, recording 1,268,246 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for AMRX is recording 9.46 at the time of this writing. In addition, long term Debt to Equity ratio is set at 9.36.

Technical breakdown of Amneal Pharmaceuticals Inc. (AMRX)

Raw Stochastic average of Amneal Pharmaceuticals Inc. in the period of last 50 days is set at 60.20%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 93.58%. In the last 20 days, the company’s Stochastic %K was 82.34% and its Stochastic %D was recorded 72.59%.

Bearing in mind the latest performance of Amneal Pharmaceuticals Inc., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -8.92%. Additionally, trading for the stock in the period of the last six months notably improved by 41.61%, alongside a boost of 44.88% for the period of the last 12 months. The shares increased approximately by 13.14% in the 7-day charts and went down by 24.01% in the period of the last 30 days. Common stock shares were driven by 0.69% during last recorded quarter.

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