Amyris, Inc. (AMRS): Strong Growth Prospects Lie Ahead

Wall Street analysts will be watching closely when Amyris, Inc. (NASDAQ:AMRS) reports its quarterly earnings next, which is scheduled for Thu 21 Mar (In 37 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at -$0.26 per share. In the preceding quarter, the company reportedly generated EPS of $80.59 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of -24.00%, a profit margin of and a gross margin of 75.40%.

Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of Amyris, Inc. (NASDAQ:AMRS). Most recently, on November 14th, 2018, B. Riley FBR Reiterated a Buy rating. Before that, on January 25th, 2018, B. Riley FBR, Inc. Initiated to Buy. Stifel Resumed a Hold rating on May 28th, 2014, Deutsche Bank Downgrade an Hold rating on February 10th, 2012, and Robert W. Baird Downgrade a Neutral rating on November 2nd, 2011.

At its current price point, combined with the fact that this company has 68.75M shares outstanding, the current market capitalization sits at 336.88M. In the last trading day, 3,670,682 shares of Amyris, Inc. were traded, which compares to its usual volume of about 2.69M shares per day of trading.

If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by -$0.57 in the past five trading days, resulting in a percentage change of -10.42% and a moving average of 5.31. In the past 20 days, its price changed by $1.16 (which is +31.02%) and the stock’s moving average was 3.93. Looking back a full 50 days, shares of AMRS changed by $0.15 (which is +3.16%) and demonstrated a moving average of 3.94.

Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 73.50%, a 14-day Stochastic %K score of 74.95% and a 20-day Stochastic %K score of 74.95%. Using a similar metric, Amyris, Inc. (AMRS) shares showed a Stochastic %D of 81.46% over the past 9 days, a Stochastic %D score of 81.94% over the last 14 days, and a 20-day Stochastic %D of 81.94%. Meanwhile, this stock’s MACD Oscillator was 0.56 over the past 9 days, 1.12 over the past two weeks, and 1.27 in the last 20 days.

As recent trading data suggests, this company’s shares have been hovering close to the $4.90 level. Over the past 12 months, this stock has experienced a high price of $9.28 and a low of $2.64. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.

BlackRock Fund Advisors purchased more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from Amyris, Inc. (NASDAQ:AMRS) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 3,173,627 shares of the company’s stock following the addition of 1,041,223 to this investor’s holdings during the three-month period. This share count represents that BlackRock Fund Advisors now held 4.15% stake in Amyris, Inc. (AMRS)’s shares.

Just in the most recent trading day, Amyris, Inc. (NASDAQ:AMRS) experienced a high price of $5.185 and low point of $4.77. At the end of the last trading session, this stock was at 4.9 per share, following a gain of $0.13, or -2.20% during the full day.