On Tuesday, Avidity Biosciences Inc (NASDAQ: RNA) was 2.47% up from the session before settling in for the closing price of $29.15. A 52-week range for RNA has been $21.51 – $56.00.
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Annual sales at Healthcare sector company slipped by -34.37% over the past five years. When this article was written, the company’s average yearly earnings per share was at -36.12%. With a float of $109.84 million, this company’s outstanding shares have now reached $120.51 million.
Let’s look at the performance matrix of the company that is accounted for 391 employees. In terms of profitability, gross margin is 92.3%, operating margin of -4853.44%, and the pretax margin is -4136.0%.
Avidity Biosciences Inc (RNA) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Avidity Biosciences Inc stocks. The insider ownership of Avidity Biosciences Inc is 8.87%, while institutional ownership is 107.71%. The most recent insider transaction that took place on Jun 17 ’25, was worth 27,549. In this transaction Chief Program Officer of this company sold 911 shares at a rate of $30.24, taking the stock ownership to the 50,392 shares. Before that another transaction happened on Jun 17 ’25, when Company’s Officer proposed sale 911 for $29.80, making the entire transaction worth $27,148.
Avidity Biosciences Inc (RNA) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -36.12% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -4.03% during the next five years compared to -34.37% drop over the previous five years of trading.
Avidity Biosciences Inc (NASDAQ: RNA) Trading Performance Indicators
You can see what Avidity Biosciences Inc (RNA) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 16.91. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 403.19.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.01, a number that is poised to hit -0.95 in the next quarter and is forecasted to reach -4.39 in one year’s time.
Technical Analysis of Avidity Biosciences Inc (RNA)
Avidity Biosciences Inc (NASDAQ: RNA) saw its 5-day average volume 1.32 million, a negative change from its year-to-date volume of 1.46 million. As of the previous 9 days, the stock’s Stochastic %D was 15.67%.
During the past 100 days, Avidity Biosciences Inc’s (RNA) raw stochastic average was set at 50.70%, which indicates a significant increase from 15.66% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 57.54% in the past 14 days, which was lower than the 72.91% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $30.42, while its 200-day Moving Average is $35.22. Nevertheless, the first resistance level for the watch stands at $30.37 in the near term. At $30.86, the stock is likely to face the second major resistance level. The third major resistance level sits at $31.43. If the price goes on to break the first support level at $29.30, it is likely to go to the next support level at $28.73. Assuming the price breaks the second support level, the third support level stands at $28.24.
Avidity Biosciences Inc (NASDAQ: RNA) Key Stats
There are 120,520K outstanding shares of the company, which has a market capitalization of 3.60 billion. As of now, sales total 10,900 K while income totals -322,300 K. Its latest quarter income was 1,570 K while its last quarter net income were -115,770 K.
