Amyris Inc. (NASDAQ:AMRS) finished Thursday with a subtraction of -$0.16 to close at $3.22, a downside of -4.73 percent. An average of 6,924,660 shares of common stock have been traded in the last five days. There was a fall of -$0.54 in the past week, and it reached a new high 5 times over the past 12 months. The last 20 days have seen an average of 8,157,940 shares traded, while the 50-day average volume stands at 8,199,188.
AMRS stock has increased by 23.85% in the last month. The company shares reached their 1-month lowest point of $2.54 on 08/23/22. With the stock rallying to its 52-week high on 01/03/22, shares of the company touched a low of $1.47 and a high of $15.12 in 52 weeks. It has reached a new high 1 time so far this year and lost -40.48% or -$2.19 in price. In spite of this, the price is down -78.70% from the 52-week high.
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2 days have passed since Amyris Inc. (AMRS) last reported insider trading activity. Kung Frank, who is Director, most recently acquired $200,000 shares at $3.50 per share on Sep 21. In this transaction, the insider spent $700,000. Director, Kung Frank, disposed of 400,000 shares at a price of $3.60 on Sep 20. The insider now owns more than $1,440,000 worth of shares. Prior to that, Director Kung Frank went on to Sale 1,080,676 shares at $3.80 each on Sep 19. An amount of $4,106,569 was transacted.
Amyris Inc. (AMRS) stock’s beta is 1.30. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 4.70.
The quick ratio of Amyris Inc. for the recent quarter was 1.10, and the current ratio was 1.70, indicating that the company is able to meet its debt obligations. Its gross profit as reported stood at $186.68 million compared to revenue of $341.82 million.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Amyris Inc.’s return on assets was -26.70%.
For the recent quarter, Amyris Inc. had $672.97 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$110.01 million in the quarter, while revenues were grew 113.97%. Shareholders own equity worth $321.4 million.
From a technical analysis perspective, let’s take a brief look at Amyris Inc. (AMRS) price momentum. RSI 9-day as of the close on 22 September was 44.19%, suggesting the stock is Neutral, with historical volatility in this time frame at 101.28%.
As of today, AMRS’s price is $3.52 -14.36% or -$0.54 from its 5-day moving average. AMRS is currently trading +12.20% higher than its 20-day SMA and -6.12% lower than its 100-day SMA. However, the stock’s current price level is +59.41% above the SMA50 and -44.86% below the SMA200.
The stochastic %K and %D were 34.64% and 42.50%, respectively, and the average true range (ATR) was 0.45. With the 14-day stochastic at 28.38% and the average true range at 0.45, the RSI (14) stands at 49.03%. The stock has reached -0.33 on the 9-day MACD Oscillator while the 14-day reading was at -0.16.
ROTH Capital downgraded Amyris Inc. (NASDAQ: AMRS) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as a Buy. The consensus rating for Amyris Inc. (AMRS) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell AMRS, while 3 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 4 others rate it as a “buy”.
What is AMRS’s price target for the next 12 months?
Analysts predict a range of price targets between $2.00 and $22.00, with a median target of $7.43. Taking a look at these predictions, the average price target given by analysts for Amyris Inc. (AMRS) stock is $9.31.