Amyris Inc (AMRS) Insider Sells $50,431.68 in Stock
Amyris Inc (NASDAQ:AMRS) insider John Melo sold 10,776 shares of the stock in a transaction that occurred on Tuesday, January 16th. The stock was sold at an average price of $4.68, for a total transaction of $50,431.68. Following the completion of the sale, the insider now directly owns 83,172 shares of the company’s stock, valued at $389,244.96. The transaction was disclosed in a filing with the SEC, which is available at this link.
Amyris Inc (NASDAQ:AMRS) traded up $0.03 during mid-day trading on Thursday, reaching $4.91. The company’s stock had a trading volume of 401,162 shares, compared to its average volume of 279,596. Amyris Inc has a 1-year low of $1.86 and a 1-year high of $10.70. The company has a quick ratio of 0.82, a current ratio of 0.92 and a debt-to-equity ratio of -0.78. The company has a market cap of $211.30, a P/E ratio of -0.79 and a beta of 0.16.
Amyris (NASDAQ:AMRS) last posted its quarterly earnings results on Tuesday, November 14th. The biotechnology company reported ($0.81) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.77) by ($0.04). The business had revenue of $24.20 million during the quarter, compared to analyst estimates of $36.30 million. During the same period last year, the firm earned ($0.07) EPS. Amyris’s revenue for the quarter was down 8.8% compared to the same quarter last year. equities analysts predict that Amyris Inc will post -3.32 EPS for the current fiscal year.
Several research firms recently issued reports on AMRS. HC Wainwright reissued a “buy” rating and issued a $15.00 target price on shares of Amyris in a report on Thursday. Cowen reissued a “hold” rating and issued a $4.00 target price on shares of Amyris in a report on Wednesday, November 29th. Zacks Investment Research raised shares of Amyris from a “hold” rating to a “buy” rating and set a $3.75 target price for the company in a report on Wednesday, October 4th. Finally, ValuEngine downgraded Amyris from a “sell” rating to a “strong sell” rating in a research note on Friday, December 1st.
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Amyris, Inc is an integrated industrial biotechnology company. The Company is engaged in research and development and sales of fuels and farnesene-derived products. It is applying its industrial synthetic biology platform to engineer, manufacture and sell products into a range of consumer and industrial markets, including cosmetics, flavors and fragrances (F&F), solvents and cleaners, polymers, lubricants, healthcare products and fuels.
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