Drilling Down Into Amyris, Inc. (AMRS)

Amyris, Inc. (NASDAQ:AMRS) is an interesting player in the Basic Materials space, with a focus on Specialty Chemicals. The stock has been active on the tape, currently trading at $0.80, up from yesterday’s close by -0.62%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Does this stock stack up well when compared to its peers in the space? Let’s take a look. Amyris, Inc. (AMRS) currently trades with a market capitalization of $217.69M. That value represents a market adjusting for revenues that have been growing by 209.00% on a quarterly year/year basis as of the company’s last quarterly report.

The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For AMRS, the company currently has $2.30M of cash on the books, which is offset by $180.10M current liabilities. You can get a sense of how sustainable that is by a levered free cash flow of $-25.08M over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of -0.05 on a per share basis this quarter. Perhaps, that suggests something about why 8.80% of the outstanding share supply is held by institutional investors.

Technical Analysis

Sometimes, we can understand most about a stock by simply looking at how it has been trading. Looking at the stock’s movement on the chart, Amyris, Inc. recorded a 52-week high of 1.63. It is now trading 0.83 off that level. The stock is trading 0.78 its 50-day moving average by -0.02. The stock carved out a 52-week low down at 0.31.

In recent action, Amyris, Inc. (AMRS) has made a move of +3.90% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 56.37, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 128.15M with 9.77% sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of AMRS.

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