Avidity Biosciences Inc (NASDAQ: RNA) established initial surge of 12.35% at $52.50, before settling in for the price of $46.73 at the close. Taking a more long-term approach, RNA posted a 52-week range of $5.36-$50.78.
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It was noted that the giant of the Healthcare sector posted annual sales growth of 148.90% over the last 5 years. Meanwhile, its Annual Earning per share during the time was -57.60%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 4.02%. This publicly-traded company’s shares outstanding now amounts to $119.31 million, simultaneously with a float of $110.68 million. The organization now has a market capitalization sitting at $6.26 billion. At the time of writing, stock’s 50-day Moving Average stood at $45.04, while the 200-day Moving Average is $34.05.
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 7.24%, in contrast to 93.84% institutional ownership. According to the most recent insider trade that took place on Nov 06 ’24, this organization’s Chief Financial Officer sold 106,319 shares at the rate of 45.56, making the entire transaction reach 4,843,979 in total value, affecting insider ownership by 94,093.
Avidity Biosciences Inc (RNA) Earnings and Revenue Records
Avidity Biosciences Inc’s EPS increase for this current 12-month fiscal period is 4.02% and is forecasted to reach -3.04 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 17.76. The Stock has managed to achieve an average true range (ATR) of 2.80. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 618.95.
In the same vein, RNA’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -2.90, a figure that is expected to reach -0.76 in the next quarter, and analysts are predicting that it will be -3.04 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 1.32 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 76.38% While, its Average True Range was 3.08.
Raw Stochastic average of Avidity Biosciences Inc (RNA) in the period of the previous 100 days is set at 81.93%, which indicates a major rise in contrast to 76.48% 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 61.97% that was higher than 60.29% volatility it exhibited in the past 100-days period.
