Avidity Biosciences Inc (NASDAQ: RNA) kicked off on Monday, down -3.71% from the previous trading day, before settling in for the closing price of $38.27. Over the past 52 weeks, RNA has traded in a range of $6.79-$56.00.
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Healthcare Sector giant saw their annual sales surged by 148.90% over the last five years. While this was happening, its average annual earnings per share was recorded 3.40%. With a float of $108.28 million, this company’s outstanding shares have now reached $118.90 million.
The firm has a total of 253 workers. Let’s measure their productivity. In terms of profitability, gross margin is 80.79%, operating margin of -3209.35%, and the pretax margin is -2772.45%.
Avidity Biosciences Inc (RNA) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Biotechnology Industry. The insider ownership of Avidity Biosciences Inc is 9.24%, while institutional ownership is 101.11%. The most recent insider transaction that took place on Nov 18 ’24, was worth 1,028,520. In this transaction Chief Human Resources Officer of this company sold 25,000 shares at a rate of $41.14, taking the stock ownership to the 94,018 shares. Before that another transaction happened on Nov 19 ’24, when Company’s Director sold 3,323 for $42.12, making the entire transaction worth $139,973. This insider now owns 14,830 shares in total.
Avidity Biosciences Inc (RNA) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 3.40% per share during the next fiscal year.
Avidity Biosciences Inc (NASDAQ: RNA) Trading Performance Indicators
Take a look at Avidity Biosciences Inc’s (RNA) current performance indicators. Last quarter, stock had a quick ratio of 17.76. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 450.82.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.90, a number that is poised to hit -0.76 in the next quarter and is forecasted to reach -3.12 in one year’s time.
Technical Analysis of Avidity Biosciences Inc (RNA)
Analysing the last 5-days average volume posted by the [Avidity Biosciences Inc, RNA], we can find that recorded value of 1.34 million was better than the volume posted last year of 1.3 million. As of the previous 9 days, the stock’s Stochastic %D was 11.98%. Additionally, its Average True Range was 2.71.
During the past 100 days, Avidity Biosciences Inc’s (RNA) raw stochastic average was set at 7.22%, which indicates a significant decrease from 14.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 52.39% in the past 14 days, which was lower than the 66.37% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $44.81, while its 200-day Moving Average is $36.48. Now, the first resistance to watch is $38.58. This is followed by the second major resistance level at $40.31. The third major resistance level sits at $41.92. If the price goes on to break the first support level at $35.24, it is likely to go to the next support level at $33.63. Now, if the price goes above the second support level, the third support stands at $31.90.
Avidity Biosciences Inc (NASDAQ: RNA) Key Stats
The company with the Market Capitalisation of 4.56 billion has total of 119,309K Shares Outstanding. Its annual sales at the moment are 9,560 K in contrast with the sum of -212,220 K annual income. Company’s last quarter sales were recorded 2,340 K and last quarter income was -80,400 K.
