Avidity Biosciences Inc (NASDAQ: RNA) established initial surge of 0.33% at $45.02, as the Stock market unbolted on Wednesday, before settling in for the price of $44.87 at the close. Taking a more long-term approach, RNA posted a 52-week range of $4.82-$48.80.
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The Healthcare Sector giants’ yearly sales growth during the last 5-year period was 148.90%. Meanwhile, its Annual Earning per share during the time was -57.60%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -1.53%. This publicly-traded company’s shares outstanding now amounts to $117.12 million, simultaneously with a float of $106.83 million. The organization now has a market capitalization sitting at $5.27 billion. At the time of writing, stock’s 50-day Moving Average stood at $42.45, while the 200-day Moving Average is $23.35.
Avidity Biosciences Inc (RNA) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Avidity Biosciences Inc industry. Avidity Biosciences Inc’s current insider ownership accounts for 8.79%, in contrast to 93.67% institutional ownership. According to the most recent insider trade that took place on Aug 19 ’24, this organization’s Director sold 5,000 shares at the rate of 45.19, making the entire transaction reach 225,946 in total value, affecting insider ownership by 14,830. Preceding that transaction, on Aug 06 ’24, Company’s President and CEO sold 28,000 for 43.35, making the whole transaction’s value amount to 1,213,822. This particular insider is now the holder of 205,043 in total.
Avidity Biosciences Inc (RNA) Earnings and Revenue Records
Avidity Biosciences Inc’s EPS decrease for this current 12-month fiscal period is -1.53% and is forecasted to reach -3.08 in the upcoming year.
Avidity Biosciences Inc (NASDAQ: RNA) Trading Performance Indicators
Let’s observe the current performance indicators for Avidity Biosciences Inc (RNA). It’s Quick Ratio in the last reported quarter now stands at 15.78. The Stock has managed to achieve an average true range (ATR) of 2.72. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 497.43.
In the same vein, RNA’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -2.95, a figure that is expected to reach -0.72 in the next quarter, and analysts are predicting that it will be -3.08 at the market close of one year from today.
Technical Analysis of Avidity Biosciences Inc (RNA)
Now, what If we examine the latest scores posted by [Avidity Biosciences Inc, RNA]. During the last 5-days, its volume was better the volume of 1.33 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic%D was recorded 67.80% While, its Average True Range was 2.76.
Raw Stochastic average of Avidity Biosciences Inc (RNA) in the period of the previous 100 days is set at 86.12%, which indicates a major rise in contrast to 76.29% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 78.99% that was higher than 74.09% volatility it exhibited in the past 100-days period.
