Amarin Corp(AMRN) is a stock of interest due to the large impact the company has on the market. Here at Wall Street Facts we only cover the best stocks so make sure you check out our other articles. Today we will be diving deep into all of the essential information you need to know about AMRN. We will be studying the movement so you can make the best decision as an investor.
First, here is information about the company and how it functions: Amarin Corp. Plc is a biopharmaceutical company, which focuses on the commercialization and development of therapeutics for cardiovascular health. Its product development program leverages its experience in lipid science and the potential therapeutic benefits of polyunsaturated fatty acids. It has developed and markets Vascepa capsules through wholesale. The company was founded by Geoffrey W. Guy on March 1, 1989 and is headquartered in Dublin, Ireland.
The stock has moved upwards today by 4.43%. The high for today is 6.51 and today’s low is 6.19. This information is critical in deciding whether this investment is risky or not. We can see the stock is trending upwards, which means the volume of people buying this stock is greater than people selling it. Next we will be going over the forecast.
As an investor, you can get an idea where the stock is trending by the forecast. In this case the high forecast for Amarin Corp is $19.00 and the low forecast is $10.00. We can get a look into the future by looking at past trends. Looking at Amarin Corp’s 5 year movement it seems it has grown 310%. Overall, Amarin Corp is in great shape going forward. They have a strong market cap of $2.55B and a very bright future ahead fo them.