Amarin Co. plc Reaches New 12-Month Low at $4.50 (AMRN)
Amarin Co. plc (NASDAQ:AMRN)’s share price reached a new 52-week low during trading on Monday, Analyst Ratings News reports. The stock traded as low as $4.50 and last traded at $4.98, with a volume of 14,677,081 shares traded. The stock had previously closed at $5.09.
AMRN has been the subject of a number of recent research reports. Analysts at Oppenheimer cut their price target on shares of Amarin Co. plc from $7.00 to $6.00 in a research note to investors on Monday. They now have a “market perform” rating on the stock. Separately, analysts at Aegis reiterated a “buy” rating on shares of Amarin Co. plc in a research note to investors on Monday. They now have a $30.00 price target on the stock. Finally, analysts at Leerink Swann reiterated an “outperform” rating on shares of Amarin Co. plc in a research note to investors on Monday. Three investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $12.05.
Amarin Co. plc has a one year low of $4.50 and a one year high of $12.96. The stock’s 50-day moving average is $6.54 and its 200-day moving average is $6.43. The company’s market cap is $864.8 million.
Amarin Co. plc (NASDAQ:AMRN) last issued its quarterly earnings data on Thursday, August 8th. The company reported ($0.26) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.38) by $0.12. The company had revenue of $5.50 million for the quarter. Analysts expect that Amarin Co. plc will post $-1.37 EPS for the current fiscal year.
Amarin Corporation plc (NASDAQ:AMRN) is a late-stage biopharmaceutical -company with expertise in lipid science focused on the treatment of cardiovascular disease.
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