Amarin Plc Stock Today

AMRN Stock  USD 0.89  0.02  2.30%   

Performance

2 of 100

 
Low
 
High
Weak

Odds Of Distress

Less than 10

 
100  
 
Zero
Low
Amarin PLC is selling at 0.89 as of the 28th of March 2024; that is 2.30 percent increase since the beginning of the trading day. The stock's open price was 0.87. Amarin PLC has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Amarin PLC are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of January 2024 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
1st of April 1993
Category
Healthcare
Classification
Health Care
Amarin Corporation plc, a pharmaceutical company, engages in the development and commercialization of therapeutics for the treatment of cardiovascular diseases in the United States, Germany, Canada, Lebanon, and the United Arab Emirates. Amarin Corporation plc was incorporated in 1989 and is headquartered in Dublin, Ireland. The company has 401.36 M outstanding shares of which 18.19 M shares are presently shorted by private and institutional investors with about 9.45 trading days to cover. More on Amarin PLC

Moving together with Amarin Stock

  0.61MBIO Mustang Bio Report 3rd of April 2024 PairCorr

Moving against Amarin Stock

  0.7YS YS Biopharma Report 22nd of April 2024 PairCorr
  0.68DNLI Denali Therapeutics Financial Report 13th of May 2024 PairCorr
  0.57MESO Mesoblast TrendingPairCorr
  0.52CVS CVS Health Corp Financial Report 1st of May 2024 PairCorr
  0.5MDGL Madrigal Pharmaceuticals Financial Report 14th of May 2024 PairCorr
  0.44TCRX Tscan Therapeutics Financial Report 8th of May 2024 PairCorr
  0.42SNDL SNDL Inc Buyout TrendPairCorr

Amarin Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Amarin PLC's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Amarin PLC or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO PresidentPatrick Holt
Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Biotechnology, NASDAQ Composite, NASDAQ Composite Total, NASDAQ Health Care, Health Care, Biotechnology, Biotechnology, Healthcare (View all Sectors)
Average Analyst Recommendation
Analysts covering Amarin PLC report their recommendations after researching Amarin PLC's financial statements, talking to executives and customers, or listening in on Amarin PLC's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Amarin PLC. The Amarin consensus assessment is calculated by taking the average forecast from all of the analysts covering Amarin PLC.
Financial Strength
Based on the measurements of operating efficiency obtained from Amarin PLC's historical financial statements, Amarin PLC is not in a good financial situation at this time. It has a very high odds of going through financial crisis in April. Financial strength of Amarin PLC is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.520.3705
Significantly Up
Slightly volatile
Gross Profit Margin0.740.6575
Moderately Up
Slightly volatile
Total Current Liabilities272.2 M259.3 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total19.3 M20.3 M
Notably Down
Slightly volatile
Total Assets873.3 M831.7 M
Sufficiently Up
Slightly volatile
Total Current Assets761.2 M725 M
Sufficiently Up
Slightly volatile
Amarin PLC's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Amarin PLC's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Amarin PLC's financial leverage. It provides some insight into what part of Amarin PLC's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Amarin PLC's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Amarin PLC deploys its capital and how much of that capital is borrowed.
Liquidity
Amarin PLC cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 8.74 M in liabilities with Debt to Equity (D/E) ratio of 0.02, which may suggest the company is not taking enough advantage from borrowing. Amarin PLC has a current ratio of 2.34, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Amarin PLC until it has trouble settling it off, either with new capital or with free cash flow. So, Amarin PLC's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Amarin PLC sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Amarin to invest in growth at high rates of return. When we think about Amarin PLC's use of debt, we should always consider it together with cash and equity.

Other Cashflows From Financing Activities

(2.2 Million)
Amarin PLC (AMRN) is traded on NASDAQ Exchange in USA. It is located in Iconic Offices, The Greenway, Dublin, Ireland, 112-114 and employs 275 people. Amarin PLC is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 362.22 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Amarin PLC's market, we take the total number of its shares issued and multiply it by Amarin PLC's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Amarin PLC conducts business under Biotechnology sector and is part of Health Care industry. The entity has 401.36 M outstanding shares of which 18.19 M shares are presently shorted by private and institutional investors with about 9.45 trading days to cover. Amarin PLC currently holds about 303.7 M in cash with 6.91 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.75.
Check Amarin PLC Probability Of Bankruptcy
Ownership Allocation
Amarin PLC holds a total of 401.36 Million outstanding shares. Almost 75.0 percent of Amarin PLC outstanding shares are held by general public with 1.54 (percent) owned by insiders and only 23.79 % by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Amarin Ownership Details

Amarin Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of Amarin PLC jumping above the current price in 90 days from now is about 84.13%. The Amarin PLC probability density function shows the probability of Amarin PLC stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 3.4178. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Amarin PLC will likely underperform. Additionally, amarin PLC has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 0.89HorizonTargetOdds Above 0.89
15.80%90 days
 0.89 
84.13%
Based on a normal probability distribution, the odds of Amarin PLC to move above the current price in 90 days from now is about 84.13 (This Amarin PLC probability density function shows the probability of Amarin Stock to fall within a particular range of prices over 90 days) .

Amarin Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Amarin PLC that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Amarin PLC's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Amarin PLC's value.
InstituionRecorded OnShares
Longitude (cayman) Ltd.2023-12-31
M
Ameriprise Financial Inc2023-12-31
1.2 M
Goldman Sachs Group Inc2023-12-31
1.1 M
Hayek Kallen Investment Management2023-12-31
M
Axxcess Wealth Management, Llc2023-12-31
985.8 K
13d Management Llc2023-12-31
910.5 K
Anson Funds Management Lp2023-12-31
865.9 K
Gsa Capital Partners Llp2023-12-31
850 K
Resources Investment Advisors Inc2023-12-31
827.6 K
Kynam Capital Management, Lp2023-12-31
12 M
Sarissa Capital Management Lp2023-09-30
10.4 M
View Amarin PLC Diagnostics

Amarin PLC Historical Income Statement

Amarin PLC Income Statement is one of the three primary financial statements used for reporting Amarin's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Amarin PLC revenue and expense. Amarin PLC Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Amarin PLC's Net Interest Income is very stable compared to the past year. View More Fundamentals

Amarin Stock Against Markets

Picking the right benchmark for Amarin PLC stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Amarin PLC stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Amarin PLC is critical whether you are bullish or bearish towards Amarin PLC at a given time. Please also check how Amarin PLC's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Amarin PLC without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Idea Breakdown Now

   

Idea Breakdown

Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
All  Next Launch Module

Amarin PLC Corporate Directors

Amarin PLC corporate directors refer to members of an Amarin PLC board of directors. The board of directors generally takes responsibility for the Amarin PLC's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Amarin PLC's board members must vote for the resolution. The Amarin PLC board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Kristine PetersonNon-Executive Independent DirectorProfile
David StackIndependent DirectorProfile
Jan HeekNon-Executive Independent DirectorProfile
James HealyNon-Executive Independent DirectorProfile

How to buy Amarin Stock?

Before investing in Amarin PLC, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Amarin PLC. To buy Amarin PLC stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Amarin PLC. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Amarin PLC stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Amarin PLC stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Amarin PLC stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Amarin PLC, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Amarin Stock please use our How to Invest in Amarin PLC guide.

Already Invested in Amarin PLC?

The danger of trading Amarin PLC is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Amarin PLC is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Amarin PLC. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Amarin PLC is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Amarin PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Amarin PLC's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Amarin Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Amarin Plc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amarin PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Amarin Stock, please use our How to Invest in Amarin PLC guide.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

Complementary Tools for Amarin Stock analysis

When running Amarin PLC's price analysis, check to measure Amarin PLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Amarin PLC is operating at the current time. Most of Amarin PLC's value examination focuses on studying past and present price action to predict the probability of Amarin PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amarin PLC's price. Additionally, you may evaluate how the addition of Amarin PLC to your portfolios can decrease your overall portfolio volatility.
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Is Amarin PLC's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Amarin PLC. If investors know Amarin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Amarin PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.94)
Earnings Share
(0.15)
Revenue Per Share
0.753
Quarterly Revenue Growth
(0.17)
Return On Assets
(0.01)
The market value of Amarin PLC is measured differently than its book value, which is the value of Amarin that is recorded on the company's balance sheet. Investors also form their own opinion of Amarin PLC's value that differs from its market value or its book value, called intrinsic value, which is Amarin PLC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Amarin PLC's market value can be influenced by many factors that don't directly affect Amarin PLC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Amarin PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amarin PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amarin PLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.