Investment in Amgen Inc. (AMGN) stock is good or Bad for Investors?

On March 12 Shares of Amgen Inc. (AMGN) were valued at $184.18 and moved 0.02% as of a recent closing trade. A total volume of 2.68 million shares were traded versus to average volume of 3.21 million shares.


Amgen Inc. (AMGN) held 624.31 million outstanding shares currently. The company have shares float of 620.98 million. Now have a look at past performance (weekly performance to year to date performance) how Amgen Inc. (AMGN) has been moved; whether it performed well or not. AMGN reported a change of -2.46% over the last week and performed -0.98% over the last month while its year to date (YTD) performance revealed an activity trend of -5.39%. The stock’s quarterly performance specifies a shift of -3.79%, and its last twelve month performance is stands at -3.62% while moved -6.17% for the past six months.

Recently Amgen Inc. (AMGN) traded with P/E ratio of 14.62. 7.31 is the price of earnings growth ratio. Forward P/E stands at 12.33.

PE ratio can be calculated by relating the market price per share by the earning per share. By the help of this ratio, we can find out the current value of a stock relative to its earnings. Valuation is a significant factor in explaining future price return. Investors can judge the current and future performance by the P/E Ratio. Low p/E indicates the company is not supporting investor. It is a bad decision to invest this time in the market. Hence P/E is a basic clue for investors what time will be the best for them to invest in the market.

Always keep in mind that you cannot buy any stock on this basis that it is cheap. You should study stock with P/E ratio. On focusing future, you have to remember that stock needs research. If you want to buy a stock, do research and discover the reason which appears attractive to investors.

52 week High and Low

Amgen Inc. (AMGN) shares have been seen trading -12.37% off its 52 week- peak value and changed 12.78% from its 52 week-bottom price value. The “percentage off the 52-week high or low” refers to when a stock current price is relative to where it has traded over the last 52 weeks. This gives investors an idea of how much the security has moved in the last year and whether it is trading near the top, middle or bottom of the range.

Analysts have suggested a mean rating of 2.30 on the shares. This is based on a 1-5 numeric scale where Rating Scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell, 5.0 Strong Sell.

Relative Strength Index (RSI)

Amgen Inc. (AMGN)’s Relative Strength Index (RSI) is 40.56. RSI is a technical indicator of price momentum, comparing the size of recent gains to the size of recent losses and establishes oversold and overbought positions. Average True Range (14) for Amgen Inc. (AMGN) is stands at 3.06. ATR is a volatility indicator. Volatility measures the strength of the price action, and is often overlooked for clues on market direction.

Over the past week, the company showed volatility of 1.81%. Moving out to look at the previous month volatility move, the stock is at 1.44%.

Beta measures volatility or systematic risk, of a stock or a portfolio in comparison to the market as a whole. 1 shows stock moves with market. < 1 means less volatile than market. > 1 indicates more volatile than the market. The stock’s beta is 1.21.

Mack Mortenson

Mack covers Financial Sector of Before pursuing a financial and journalism career, he graduated from University of Georgia with a degree in Economic and Mathematics.

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