With 4.22 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.27 million shares. During the session, the Biotechnology company that operates in wider Healthcare sector, reached to the highest price of $50.2 whereas the lowest price it dropped to was $47.85. The 52-week range on RVMD shows that it touched its highest point at $62.40 and its lowest point at $23.38 during that stretch. It currently has a 1-year price target of $73.69. Beta for the stock currently stands at 1.41.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of RVMD was down-trending over the past week, with a drop of -16.12%, but this was down by -12.45% over a month. Three-month performance surged to 13.72% while six-month performance rose 21.24%. The stock gained 96.86% in the past year, while it has gained 68.17% so far this year. A look at the trailing 12-month EPS for RVMD yields -3.59 with Next year EPS estimates of -4.04. For the next quarter, that number is -1.00. This implies an EPS growth rate of 9.63% for this year and -15.86% for next year.
Float and Shares Shorts:
At present, 167.75 million RVMD shares are outstanding with a float of 141.01 million shares on hand for trading. On 2024-11-15, short shares totaled 16.35 million, which was 972.0000600000001 higher than short shares on 1728950400. In addition to Dr. Mark A. Goldsmith Ph.D. as the firm’s CEO, President & Chairman, Mr. Jack Anders serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 1.04291 of RVMD’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, RVMD reported revenue of $0.0 and operating income of -$175712000.0. The EBITDA in the recently reported quarter was -$171566000.0 and diluted EPS was -$0.94.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RVMD since 13 analysts follow the stock currently. There are 11 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With RVMD analysts setting a high price target of 87.0 and a low target of 64.0, the average target price over the next 12 months is 73.07143. Based on these targets, RVMD could surge 80.39% to reach the target high and rise by 32.7% to reach the target low. Reaching the average price target will result in a growth of 51.51% from current levels.
Analysts have provided yearly estimates in a range of -$3.39922 being high and -$3.95581 being low. For RVMD, this leads to a yearly average estimate of -$3.48867.
