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.
Roivant Sciences Ltd (NASDAQ: ROIV) closed the day trading at $10.45 up 0.10% from the previous closing price of $10.44. In other words, the price has increased by $0.10 from its previous closing price. On the day, 4.83 million shares were traded.
Ratios:
For a better understanding of ROIV, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 37.91 and its Current Ratio is at 37.91. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.02.
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, Wolfe Research on February 15, 2024, initiated with a Outperform rating and assigned the stock a target price of $17.
On January 05, 2024, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $20.
On December 12, 2023, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $14.Deutsche Bank initiated its Buy rating on December 12, 2023, with a $14 target price.
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 Feb 13 ’25 when Kumar Rakhi bought 227,500 shares for $10.43 per share.
Venker Eric bought 600,000 shares of ROIV for $6,300,000 on Feb 12 ’25. On Jan 21 ’25, another insider, Venker Eric, who serves as the President & COO of the company, sold 100,000 shares for $11.28 each. As a result, the insider received 1,128,000 and left with 732,294 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 76.43 while its Price-to-Book (P/B) ratio in mrq is 1.45.
Stock Price History:
Over the past 52 weeks, ROIV has reached a high of $13.06, while it has fallen to a 52-week low of $9.76. The 50-Day Moving Average of the stock is -8.61%, while the 200-Day Moving Average is calculated to be -8.19%.
Shares Statistics:
A total of 719.63M shares are outstanding, with a floating share count of 439.29M. Insiders hold about 38.44% of the company’s shares, while institutions hold 69.00% stake in the company.
