Amneal Pharmaceuticals, Inc. Class A Common Stock | AMRX

Daily Technical Analysis of Amneal Pharmaceuticals, Inc. Class A Common Stock

Amneal Pharmaceuticals moved up less than 1% today. The market isn't being very decisive in its valuation of asset.

Amneal Pharmaceuticals doesn't seem to be at a very clear reversal point in either direction. But let's also consider momentum! Amneal Pharmaceuticals has had a nice run over the last year and provided good returns to shareholders. Over the previous year, the asset has grown 40.43 percent which isn't too bad. AMRX might find some support at the 4.47 level, buyers might push the price back up from here. But it's not very clear what will happen.

Analyst Ratings for Amneal Pharmaceuticals By Price Target And Rating

The analysts are pretty neutral on Amneal Pharmaceuticals right now, so not much useful information here. The current Analysts Sentiment Score is 0.26. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. Truist Financial decided to move up their price target on 2023-11-08 to $7.00 which is a 16.67% increase. Piper Sandler gave a boost to their price target and moved to $5.00 from $3.00 on 2023-08-07. On 2023-08-04 Barclays increased their price target by 25% to $5.00. 500.com reiterated a rating of Maintains on 2023-05-08. BMO Capital Markets provided a price target decease of -20% to $4.00 from $5.00 on 2023-03-03. On 2023-03-03 The Goldman Sachs Group lowered their price target by -14.29% to $3.00.

Earnings Per Share (EPS) Estimates By Year and Quarter

Short interest for Amneal Pharmaceuticals

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Social Sentiment for Amneal Pharmaceuticals

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.