Alkermes (ALKS) Set to Announce Quarterly Earnings on Wednesday
Alkermes (NASDAQ:ALKS) will be releasing its earnings data before the market opens on Wednesday, February 14th. Analysts expect Alkermes to post earnings of $0.13 per share for the quarter.
Shares of Alkermes (ALKS) opened at $53.89 on Monday. The company has a current ratio of 3.05, a quick ratio of 2.72 and a debt-to-equity ratio of 0.23. Alkermes has a 12-month low of $46.42 and a 12-month high of $64.04. The company has a market capitalization of $8,290.00, a price-to-earnings ratio of -48.55 and a beta of 1.94.
In other news, Director Paul J. Mitchell sold 1,000 shares of the firm’s stock in a transaction dated Friday, December 1st. The stock was sold at an average price of $51.98, for a total value of $51,980.00. Following the transaction, the director now owns 9,000 shares of the company’s stock, valued at $467,820. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP James M. Frates sold 20,932 shares of the firm’s stock in a transaction dated Wednesday, November 29th. The stock was sold at an average price of $50.51, for a total value of $1,057,275.32. Following the completion of the transaction, the senior vice president now directly owns 164,971 shares in the company, valued at approximately $8,332,685.21. The disclosure for this sale can be found here. Insiders sold 135,485 shares of company stock worth $8,227,502 in the last ninety days. Corporate insiders own 5.34% of the company’s stock.
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Alkermes Company Profile
Alkermes plc is a biopharmaceutical company. The Company is engaged in the researching, developing and commercializing pharmaceutical products that are designed to address medical needs of patients in therapeutic areas. The Company has a portfolio of marketed drug products and a clinical pipeline of products that address central nervous system (CNS) disorders, such as schizophrenia, depression, addiction and multiple sclerosis (MS).
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