Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
Arvinas Inc (NASDAQ: ARVN) closed the day trading at $17.68 down -6.80% from the previous closing price of $18.97. In other words, the price has decreased by -$6.80 from its previous closing price. On the day, 1.86 million shares were traded. ARVN stock price reached its highest trading level at $19.19 during the session, while it also had its lowest trading level at $16.99.
Ratios:
For a better understanding of ARVN, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.62 and its Current Ratio is at 4.17. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BTIG Research on December 10, 2024, initiated with a Buy rating and assigned the stock a target price of $69.
On November 18, 2024, Stephens started tracking the stock assigning a Overweight rating and target price of $55.
Oppenheimer reiterated its Outperform rating for the stock on February 28, 2024, while the target price for the stock was revised from $95 to $80.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 07 ’24 when Loomis David K sold 231 shares for $27.69 per share. The transaction valued at 6,396 led to the insider holds 8,040 shares of the business.
Houston John G sold 5,196 shares of ARVN for $244,472 on Feb 23 ’24. The President and CEO now owns 1,036,681 shares after completing the transaction at $47.05 per share. On Feb 23 ’24, another insider, Cassidy Sean A, who serves as the Chief Financial Officer of the company, sold 1,702 shares for $47.05 each. As a result, the insider received 80,079 and left with 181,916 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ARVN now has a Market Capitalization of 1216384000 and an Enterprise Value of 183387472. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.54 while its Price-to-Book (P/B) ratio in mrq is 2.07. Its current Enterprise Value per Revenue stands at 1.138 whereas that against EBITDA is -0.52.
Stock Price History:
The Beta on a monthly basis for ARVN is 1.96, which has changed by -0.61575854 over the last 52 weeks, in comparison to a change of 0.21313763 over the same period for the S&P500. Over the past 52 weeks, ARVN has reached a high of $53.08, while it has fallen to a 52-week low of $16.61. The 50-Day Moving Average of the stock is -10.99%, while the 200-Day Moving Average is calculated to be -30.38%.
Shares Statistics:
Over the past 3-months, ARVN traded about 880.91K shares per day on average, while over the past 10 days, ARVN traded about 964560 shares per day. A total of 68.70M shares are outstanding, with a floating share count of 59.53M. Insiders hold about 13.37% of the company’s shares, while institutions hold 101.08% stake in the company. Shares short for ARVN as of 1736899200 were 9763059 with a Short Ratio of 11.08, compared to 1734048000 on 9614234. Therefore, it implies a Short% of Shares Outstanding of 9763059 and a Short% of Float of 14.469999999999999.
