Amyris Inc. [AMRS] Stock trading around $1.89 per share: What’s Next?

Amyris Inc. [NASDAQ: AMRS] plunged by -$0.24 during the normal trading session on Friday and reaching a high of $2.20 during the day while it closed the day at $1.89. The company report on November 5, 2020 that Amyris, Inc. Reports Third Quarter 2020 Financial Results.

Record Product Revenue, Lower Cash Operating Expense, and Expanded Gross Margins.

Amyris, Inc. (Nasdaq: AMRS), a leading synthetic biotechnology company in Sustainable Health and Clean Beauty markets through its consumer brands and a top supplier of sustainably sourced natural ingredients, announced financial results for its third quarter ended September 30, 2020.

Amyris Inc. stock has also loss -24.40% of its value over the past 7 days. However, AMRS stock has declined by -51.04% in the 3 months of the year. Over the past six months meanwhile, it has lost -45.85% and lost -38.83% year-on date.

The market cap for AMRS stock reached $410.13 million, with 184.83 million shares outstanding and 125.20 million shares in the current float. Compared to the average trading volume of 2.64M shares, AMRS reached a trading volume of 12675927 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Amyris Inc. [AMRS]:

Oppenheimer have made an estimate for Amyris Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on December 12, 2019. While these analysts kept the previous recommendation, B. Riley FBR raised their target price from $10 to $8. The new note on the price target was released on November 14, 2018, representing the official price target for Amyris Inc. stock. Previously, the target price had yet another raise to $8, while B. Riley FBR Inc. analysts kept a Buy rating on AMRS stock.

The Average True Range (ATR) for Amyris Inc. is set at 0.22, with the Price to Sales ratio for AMRS stock in the period of the last 12 months amounting to 3.05.

AMRS stock trade performance evaluation

Amyris Inc. [AMRS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -24.40. With this latest performance, AMRS shares dropped by -38.44% in over the last four-week period, additionally sinking by -45.85% over the last 6 months – not to mention a drop of -52.51% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AMRS stock in for the last two-week period is set at 27.73, with the RSI for the last a single of trading hit 21.63, and the three-weeks RSI is set at 32.10 for Amyris Inc. [AMRS]. The present Moving Average for the last 50 days of trading for this stock 2.8742, while it was recorded at 2.3920 for the last single week of trading, and 3.2678 for the last 200 days.

Amyris Inc. [AMRS]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Amyris Inc. [AMRS] shares currently have an operating margin of -79.76 and a Gross Margin at +50.06. Amyris Inc.’s Net Margin is presently recorded at -154.29.

Additionally, AMRS Total Debt to Total Capital is recorded at 754.98, with Total Debt to Total Assets ending up at 179.58.

Reflecting on the efficiency of the workforce at the company, Amyris Inc. [AMRS] managed to generate an average of -$419,585 per employee. Receivables Turnover for the company is 5.64 with a Total Asset Turnover recorded at a value of 1.06.Amyris Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.20 and a Current Ratio set at 1.50.

Earnings per share (EPS) analysis for Amyris Inc. [AMRS] stock

With the latest financial reports released by the company, Amyris Inc. posted -0.65/share EPS, while the average EPS was predicted by analysts to be reported at -0.28/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -132.10%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AMRS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Amyris Inc. go to 30.00%.

Amyris Inc. [AMRS]: Insider Ownership positions

There are presently around $153 million, or 42.20% of AMRS stock, in the hands of institutional investors. The top three institutional holders of AMRS stocks are: FMR LLC with ownership of 17,890,536, which is approximately 7.965% of the company’s market cap and around 0.70% of the total institutional ownership; VIVO CAPITAL, LLC, holding 10,181,472 shares of the stock with an approximate value of $19.24 million in AMRS stocks shares; and BLACKROCK INC., currently with $16.57 million in AMRS stock with ownership of nearly 29.388% of the company’s market capitalization.

Positions in Amyris Inc. stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 80 institutional holders increased their position in Amyris Inc. [NASDAQ:AMRS] by around 35,350,492 shares. Additionally, 32 investors decreased positions by around 4,115,239 shares, while 19 investors held positions by with 41,675,289 shares. The mentioned changes placed institutional holdings at 81,141,020 shares, according to the latest SEC report filing. AMRS stock had 33 new institutional investments in for a total of 22,890,193 shares, while 12 institutional investors sold positions of 1,217,865 shares during the same period.

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