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Amarin Corporation (AMRN) in Focus: Stock Moves 8.9% Higher

Zacks Equity Research
Updated

Amarin Corporation plc AMRN was a big mover last session, as the company saw its shares rise nearly 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 16.4% in the past one-month time frame.

The company has seen two negative estimate revisions in the past few months, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few months, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Amarin Corporation currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

Amarin Corporation PLC Price

Amarin Corporation PLC Price | Amarin Corporation PLC Quote

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A better-ranked stock in the Medical sector is Akari Therapeutics, Plc AKTX, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is AMRN going up? Or down? Predict to see what others think: Up or Down

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