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After finishing at $40.29 in the prior trading day, Revolution Medicines Inc (NASDAQ: RVMD) closed at $40.16, down -0.32%. In other words, the price has decreased by -$0.32 from its previous closing price. On the day, 1.72 million shares were traded. RVMD stock price reached its highest trading level at $40.51 during the session, while it also had its lowest trading level at $39.36.
Ratios:
Our goal is to gain a better understanding of RVMD by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 14.24 and its Current Ratio is at 14.24. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.05.
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, Needham on July 16, 2024, Reiterated its Buy rating but revised its target price to $62 from $46 previously.
On July 12, 2024, Barclays started tracking the stock assigning a Overweight rating and target price of $52.
On July 08, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $63.Jefferies initiated its Buy rating on July 08, 2024, with a $63 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 Jan 21 ’25 when JEFFREY TODD CISLINI bought 2,406 shares for $40.29 per share.
Horn Margaret A sold 4,329 shares of RVMD for $196,553 on Dec 16 ’24. The Chief Operating Officer now owns 127,991 shares after completing the transaction at $45.40 per share. On Dec 16 ’24, another insider, GOLDSMITH MARK A, who serves as the insider of the company, sold 11,714 shares for $45.40 each. As a result, the insider received 531,860 and left with 325,056 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, RVMD now has a Market Capitalization of 7445423104 and an Enterprise Value of 5292915712. For the stock, the TTM Price-to-Sale (P/S) ratio is 9896.17 while its Price-to-Book (P/B) ratio in mrq is 4.30. Its current Enterprise Value per Revenue stands at 7133.31 whereas that against EBITDA is -8.516.
Stock Price History:
Over the past 52 weeks, RVMD has reached a high of $62.40, while it has fallen to a 52-week low of $25.93. The 50-Day Moving Average of the stock is -17.97%, while the 200-Day Moving Average is calculated to be -8.55%.
Shares Statistics:
The stock has traded on average 1.65M shares per day over the past 3-months and 1441700 shares per day over the last 10 days, according to various share statistics. A total of 167.75M shares are outstanding, with a floating share count of 154.04M. Insiders hold about 15.52% of the company’s shares, while institutions hold 81.78% stake in the company. Shares short for RVMD as of 1735603200 were 16292256 with a Short Ratio of 9.88, compared to 1732838400 on 16156619. Therefore, it implies a Short% of Shares Outstanding of 16292256 and a Short% of Float of 9.33.
