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AMRN’s Stock Tango: The Dance of Gains and Losses in 2023

The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. This year’s metric has recorded a Price decrease of -21.25%. However, over the past six months, we’ve seen a stronger performance of -44.75%. The price of AMRN leaped by -0.13% over the last 30 days. And in the last five days, it has fallen by -12.66%.

The stock market performance of Amarin Corp ADR has been fairly unsteady. Over the last year, the company’s stock hit its highest at $1.37 on 01/30/24, while the lowest price during the same time frame was $0.63, recorded on 06/10/24.

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52-week price history of AMRN Stock

The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Amarin Corp ADR’s current trading price is -49.99% away from its 52-week high, while its distance from the 52-week low is 9.25%. The stock’s price range for this period has been between $0.63 and $1.37. The Healthcare sector company’s shares saw a trading volume of about 2.75 million for the day, which was higher than the average daily volume of 1.48 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Amarin Corp ADR (AMRN) has experienced a quarterly decline of -25.61% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 281.40M and boasts a workforce of 275 employees.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 0.8382, with a change in price of -0.2370. Similarly, Amarin Corp ADR recorded 1,389,949 in trading volume during the last 100 days, posting a change of -25.57%.

AMRN’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for AMRN stands at 0.02. Similarly, the long-term debt-to-equity ratio is also 0.02.

AMRN Stock Stochastic Average

As of today, the raw stochastic average of Amarin Corp ADR over the past 50 days is 23.05%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 24.53%. Additionally, the Stochastic %K and %D values for the company were 56.85% and 71.76%, respectively, over the past 20 days.

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