A Guide To The Risks Of Investing In Amryt Pharma plc (AMYT)


Meanwhile, PT values the company’s stock at a premium of 23.16 to its Tuesday closing price. A number of analysts have revised their coverage, including SVB Leerink’s analysts, who began to cover the stock in mid August with a ‘”an Outperform”‘ rating. Cowen began covering AMYT with “an Outperform” recommendation on August 19, 2021. H.C. Wainwright started covering the stock on July 27, 2021. It rated AMYT as “a Buy”.

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Price Performance Review of AMYT

On Tuesday, Amryt Pharma plc [NASDAQ:AMYT] saw its stock remained unchanged to $14.60. On the same session, the stock had its day’s lowest price of $14.52, but rose to a high of $14.63. Over the last five days, the stock has lost -0.68%. Amryt Pharma plc shares have risen nearly 100.00% since the year began. Nevertheless, the stocks have risen 42.16% over the past one year. While a 52-week high of $14.77 was reached on 01/13/23, a 52-week low of $5.61 was recorded on 01/06/23. SMA at 50 days reached $8.81, while 200 days put it at $7.82. A total of 3.55 million shares were traded, compared to the trading of 0.45 million shares in the previous session.

Levels Of Support And Resistance For AMYT Stock

The 24-hour chart illustrates a support level at 14.54, which if violated will result in even more drops to 14.47. On the upside, there is a resistance level at 14.65. A further resistance level may holdings at 14.69. The Relative Strength Index (RSI) on the 14-day chart is 88.23, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.58, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 2.19%. Stochastics %K at 98.11% indicates the stock is a selling.

How much short interest is there in Amryt Pharma plc?

A steep rise in short interest was recorded in Amryt Pharma plc stocks on Oct 13, 2022, growing by 10390.0 shares to a total of 86860.0 shares. Yahoo Finance data shows the prior-month short interest on Sep 14, 2022 was 76470.0 shares. There was a rise of 11.96%, which implies that there is a positive sentiment for the stock.

Amryt Pharma plc [AMYT] – Who Are The Largest Shareholders?

In filings from Athyrium Capital Management LP, it is revealed that the company now owns 8,857,268 shares, or roughly 13.81% of the outstanding AMYT shares.. At present, UBS O’Connor LLC is holding 2,000,000 shares valued at $14.6 million. Aquilo Capital Management LLC owned 1,998,993 shares of the company at the time of its most recent 13F filing, worth $14.59 million.

According to FactSet, Amryt Pharma plc’s share price will average $20.54 in the next year, based on opinions of analysts polled by the firm. This is up nearly 16.44 percent from its previous closing price of $14.60. Analysts expect Amryt Pharma plc stock to reach the higher price of $38.00, while the lowest price estimate is $14.50. However, 7 analysts have rated AMYT stock as a Hold in their predictions for 2023.


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