Amphastar Pharmaceuticals (AMPH) Receives a Hold from Needham


Needham analyst Serge Belanger maintained a Hold rating on Amphastar Pharmaceuticals (AMPH) today. The company’s shares closed last Wednesday at $16.19.

According to TipRanks.com, Belanger is a 2-star analyst with an average return of -0.8% and a 36.5% success rate. Belanger covers the Healthcare sector, focusing on stocks such as KalVista Pharmaceuticals, Collegium Pharmaceutical, and Zynerba Pharmaceuticals.

Amphastar Pharmaceuticals has an analyst consensus of Hold.

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Amphastar Pharmaceuticals’ market cap is currently $748.6M and has a P/E ratio of 16.60. The company has a Price to Book ratio of 2.23.

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Amphastar Pharmaceuticals, Inc. engages in the development, manufacture, market, and sale of technically challenging and proprietary injectable, inhalation, and intranasal products. It operates through Finished Pharmaceutical Products, and Active Pharmaceutical Ingredients Products segments. The Finished Pharmaceutical Products segment manufactures, markets and distributes enoxaparin, cortrosyn, amphadase, naloxone, lidocaine jelly, as well as various other critical and non-critical care drugs. The Active Pharmaceutical Ingredients Products segment manufactures and distributes recombinant human insulin and porcine insulin. The company was founded by Zi-Ping Luo and Yong Feng Zhang on February 29, 1996 and is headquartered in Rancho Cucamonga, CA.

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