NasdaqGS:ALKSBiotechs
Is Alkermes (ALKS) Pricing Reflect Its Strong Recent Share Price Performance?
If you are wondering whether Alkermes at US$34.88 is offering good value right now, you are not alone. This article is designed to help you assess that.
The stock has returned 2.7% over the last 7 days, 25.4% over the last 30 days, 23.4% year to date, 9.3% over 1 year, 28.3% over 3 years and 62.9% over 5 years. This raises fair questions about how the current price lines up with fundamentals.
These return figures sit against a backdrop of ongoing interest in Alkermes as a Nasdaq listed...