Roivant Sciences Ltd (NASDAQ: ROIV) on Friday, plunged -3.78% from the previous trading day, before settling in for the closing price of $11.64. Within the past 52 weeks, ROIV’s price has moved between $8.56 and $13.06.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 493.24%. The company achieved an average annual earnings per share of -113.38%. With a float of $372.15 million, this company’s outstanding shares have now reached $806.68 million.
The extent of productivity of a business whose workforce counts for 908 workers is very important to gauge. In terms of profitability, gross margin is 88.77%, operating margin of 3447.71%, and the pretax margin is 3781.64%.
Roivant Sciences Ltd (ROIV) Insider Updates
Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of Roivant Sciences Ltd is 48.88%, while institutional ownership is 67.68%. The most recent insider transaction that took place on Oct 21 ’24, was worth 1,165,000. In this transaction President & COO of this company sold 100,000 shares at a rate of $11.65, taking the stock ownership to the 617,470 shares. Before that another transaction happened on Oct 21 ’24, when Company’s Officer proposed sale 100,000 for $11.65, making the entire transaction worth $1,165,393.
Roivant Sciences Ltd (ROIV) Performance Highlights and Predictions
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.21 earnings per share (EPS) for the period topping the consensus outlook (set at -0.27) by 0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.19 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -113.38% per share during the next fiscal year.
Roivant Sciences Ltd (NASDAQ: ROIV) Trading Performance Indicators
Roivant Sciences Ltd (ROIV) is currently performing well based on its current performance indicators. A quick ratio of 10.43 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 62.42.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.66, a number that is poised to hit -0.23 in the next quarter and is forecasted to reach -1.04 in one year’s time.
Technical Analysis of Roivant Sciences Ltd (ROIV)
The latest stats from [Roivant Sciences Ltd, ROIV] show that its last 5-days average volume of 7.28 million was superior to 5.85 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 38.61%. Additionally, its Average True Range was 0.32.
During the past 100 days, Roivant Sciences Ltd’s (ROIV) raw stochastic average was set at 39.28%, which indicates a significant increase from 6.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.73% in the past 14 days, which was higher than the 26.98% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.75, while its 200-day Moving Average is $11.19. Now, the first resistance to watch is $11.49. This is followed by the second major resistance level at $11.79. The third major resistance level sits at $11.96. If the price goes on to break the first support level at $11.02, it is likely to go to the next support level at $10.85. Assuming the price breaks the second support level, the third support level stands at $10.55.
Roivant Sciences Ltd (NASDAQ: ROIV) Key Stats
Market capitalization of the company is 7.84 billion based on 739,522K outstanding shares. Right now, sales total 124,800 K and income totals 4,349 M. The company made 55,130 K in profit during its latest quarter, and 95,300 K in sales during its previous quarter.
