Amyris Inc. (NASDAQ:AMRS) saw a downside of -24.20% to close Tuesday at $0.45 after subtracting -$0.15 on the day. The 5-day average trading volume is 9,139,240 shares of the company’s common stock. It has gained $0.8430 in the past week and touched a new high 2 times within the past 5 days. An average of 5,810,050 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 4,580,104.
AMRS’s 1-month performance is -59.64% or -$0.6480 on its low of $0.4200 reached on 08/08/23. The company’s shares have touched a 52-week low of $0.55 and high of $4.86, with the stock’s rally to the 52-week high happening on 02/02/23. YTD, AMRS has lost -70.46% or -$1.0780 and has reached a new high 3 times. However, the current price is down -90.70% from the 52-week high price.
Insider Transactions
AMRS stock investors last saw insider trading activity on Jun 02.Kieftenbeld Hermanus (CHIEF FINANCIAL OFFICER) most recently sold 20,999 shares at $0.95 per share on Jun 02. This transaction cost the insider $19,949. CHIEF OPERATING OFFICER, ALVAREZ EDUARDO, sold 231,368 shares at a price of $1.23 on Apr 05. Then, on Sep 21, Director Kung Frank sold 200,000 shares at a price of $3.50 per share. This transaction amounted to $700,000.
Valuation Metrics
AMRS stock has a beta of 1.20. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.66.
Amyris Inc.’s quick ratio for the period ended March 30 was 0.30, with the current ratio over the same period at 0.50.. In terms of profitability, the gross margin trailing 12 months is 3.40%. The trailing 12-month EBITDA margin is -209.52%. The firm’s gross profit as reported stood at $11.18 million against revenue of $269.85 million.
Earnings Surprise
For the quarterly period ending March 30 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 44.5% to -$193.34 million, while revenue of -$149.8 million was 22.52% off the previous quarter. Analysts expected AMRS to announce -$0.32 per share in earnings in its latest quarter, but it posted -$0.33, representing a -3.10% surprise. EBITDA for the quarter stood at more than -$72.37 million. AMRS stock balance sheet for the quarter ending March 30 shows that total liabilities totaled 1.35 billion, with total debt at $1.03 billion. Shareholders hold equity totaling $369.39 million.
Let’s look briefly at Amyris Inc. (AMRS) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 08 August was 16.64% to suggest the stock is trending oversold, with historical volatility in this time period at 153.75%.
The stock’s 5-day moving average is $0.6777, reflecting a -44.98% or -$0.3695 change from its current price. AMRS is currently trading -60.35% above its 20-day SMA, -62.02% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -31.78% and SMA200 by-80.18%.
Stochastic %K and %D was 3.54% and 7.00% and the average true range (ATR) pointed at 0.1069. The RSI (14) points at 25.37%, while the 14-day stochastic is at 5.25% with the period’s ATR at 0.1057. The stock’s 9-day MACD Oscillator is pointing at -0.1543 and -0.2222 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Amyris Inc. (NASDAQ: AMRS), Jefferies downgraded it to a Hold rating. They previously had a Buy rating on the stock. Analysts offering their rating for AMRS stock have a consensus rating for the stock as Hold. Currently, 1 brokerage advisors rate AMRS as a “sell,”, while 5 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 2 have offered a “buy” rating.
What is AMRS’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $0.70 and a high of $5.00, with their median price target at $1.13. Looking at these predictions, the average price target given by analysts is for Amyris Inc. (AMRS) stock is $1.71.
