On Friday, Revolution Medicines Inc (NASDAQ: RVMD) was 0.86% up from the session before settling in for the closing price of $50.00. A 52-week range for RVMD has been $15.44 – $51.00.
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Healthcare Sector giant saw their annual sales surged by 11.11% over the last five years. When this article was written, the company’s average yearly earnings per share was at 12.46%. With a float of $139.21 million, this company’s outstanding shares have now reached $164.67 million.
The firm has a total of 378 workers. Let’s measure their productivity. In terms of profitability, gross margin is -1323.58%, operating margin of -80961.32%, and the pretax margin is -70448.92%.
Revolution Medicines Inc (RVMD) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Revolution Medicines Inc stocks. The insider ownership of Revolution Medicines Inc is 16.66%, while institutional ownership is 87.24%. The most recent insider transaction that took place on Oct 14 ’24, was worth 824,804. In this transaction an insider of this company sold 16,666 shares at a rate of $49.49, taking the stock ownership to the 264,408 shares. Before that another transaction happened on Oct 11 ’24, when Company’s Chief Operating Officer sold 50,000 for $50.34, making the entire transaction worth $2,517,055. This insider now owns 132,320 shares in total.
Revolution Medicines Inc (RVMD) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 12.46% per share during the next fiscal year.
Revolution Medicines Inc (NASDAQ: RVMD) Trading Performance Indicators
You can see what Revolution Medicines Inc (RVMD) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 15.42. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 11383.55.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.65, a number that is poised to hit -0.89 in the next quarter and is forecasted to reach -3.84 in one year’s time.
Technical Analysis of Revolution Medicines Inc (RVMD)
Analysing the last 5-days average volume posted by the [Revolution Medicines Inc, RVMD], we can find that recorded value of 0.86 million was lower than the volume posted last year of 1.31 million. As of the previous 9 days, the stock’s Stochastic %D was 84.70%. Additionally, its Average True Range was 1.63.
During the past 100 days, Revolution Medicines Inc’s (RVMD) raw stochastic average was set at 96.07%, which indicates a significant increase from 91.89% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.81% in the past 14 days, which was lower than the 38.97% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $44.83, while its 200-day Moving Average is $37.87. Now, the first resistance to watch is $50.96. This is followed by the second major resistance level at $51.49. The third major resistance level sits at $52.04. If the price goes on to break the first support level at $49.88, it is likely to go to the next support level at $49.33. Should the price break the second support level, the third support level stands at $48.80.
Revolution Medicines Inc (NASDAQ: RVMD) Key Stats
There are 164,986K outstanding shares of the company, which has a market capitalization of 8.42 billion. As of now, sales total 11,580 K while income totals -436,370 K. Its latest quarter income was 0 K while its last quarter net income were -116,000 K.
