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Sunday, April 2, 2023

Amicus Therapeutics Inc. (NASDAQ: FOLD) Could Be Viewed Differently By Investors Because Of These Numbers

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Amicus Therapeutics Inc. (FOLD) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $11.98. The Amicus Therapeutics Inc. has recorded 43,313 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Amicus Therapeutics Announces Full-Year 2022 Financial Results and Corporate Updates.

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Stocks Info

The company is listed on the NASDAQ and operates within the Biotechnology industry segment. At the end of the last regular session, the stock closed at $11.98 and fluctuated between $12.15 as its day high and $11.74 as its day low. The current market capitalization of Amicus Therapeutics Inc. is $3.39B. A total of 1.23 million shares were traded on the day, compared to an average of 2.16M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, FOLD has seen 17 BUY and 36 SELL insider trades, representing the acquisition of 1,389,143 and the disposition of 806,094 shares. Over the last 12 months, there were 34 BUYs and 70 SELLs from insiders. Insiders purchased 1,659,957 shares during that period but sold 1,135,478.

In the most recent transaction, Campbell Bradley L sold 20,000 shares of FOLD for 13.24 per share on Mar 01. After the transaction, the President & CEO now owns 836,829 company shares. In a previous transaction on Mar 01, Crowley John F sold 6,044 shares at 13.42 per share. FOLD shares that Executive Chairman owns now total 992,581.

Among the insiders who sold shares, Crowley John F disposed of 6,044 shares on Feb 15 at a per-share price of $12.94. This resulted in the Executive Chairman holding 998,625 shares of FOLD after the transaction. In another insider transaction, Crowley John F sold 147,316 shares at $13.11 per share on Feb 01. Company shares held by the Executive Chairman now total 1,004,669.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for FOLD in the last 3 months, the mean price target is $15.70 with high estimates of $20.00 and low estimates of $11.00. In terms of 52-week highs and lows, FOLD has a high of $13.84 and a low of $5.91.

As of this writing, FOLD has an earnings estimate of -$0.13 per share for the current quarter. EPS was calculated based on a consensus of 11 estimates, with a high estimate of -$0.04 per share and a lower estimate of -$0.24. The company reported an EPS of -$0.21 in the last quarter, which was 4.50% higher than expectations of -$0.22.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 12 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for FOLD is Hold with a score of 4.56. A total of 7 analysts rated the stock as Buy while 0 rated it as Overweight while 5 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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