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.
In the latest session, Revolution Medicines Inc (NASDAQ: RVMD) closed at $38.75 up 1.55% from its previous closing price of $38.16. In other words, the price has increased by $1.55 from its previous closing price. On the day, 1.29 million shares were traded. RVMD stock price reached its highest trading level at $38.87 during the session, while it also had its lowest trading level at $38.06.
Ratios:
For a deeper understanding of Revolution Medicines Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 14.20 and its Current Ratio is at 14.20. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 17 ’25 when Cislini Jeff sold 1,458 shares for $39.04 per share. The transaction valued at 56,921 led to the insider holds 59,764 shares of the business.
GOLDSMITH MARK A sold 11,738 shares of RVMD for $458,255 on Mar 17 ’25. The insider now owns 441,564 shares after completing the transaction at $39.04 per share. On Mar 17 ’25, another insider, Anders Jack, who serves as the Chief Financial Officer of the company, sold 1,864 shares for $39.04 each. As a result, the insider received 72,771 and left with 115,006 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 7204128256 and an Enterprise Value of 5050685440.
Stock Price History:
The Beta on a monthly basis for RVMD is 1.33, which has changed by 0.19488132 over the last 52 weeks, in comparison to a change of 0.08275449 over the same period for the S&P500. Over the past 52 weeks, RVMD has reached a high of $62.40, while it has fallen to a 52-week low of $29.55. The 50-Day Moving Average of the stock is -5.23%, while the 200-Day Moving Average is calculated to be -13.21%.
Shares Statistics:
For the past three months, RVMD has traded an average of 1.32M shares per day and 1279600 over the past ten days. A total of 185.90M shares are outstanding, with a floating share count of 161.71M. Insiders hold about 13.02% of the company’s shares, while institutions hold 94.01% stake in the company. Shares short for RVMD as of 1740700800 were 15839448 with a Short Ratio of 12.02, compared to 1738281600 on 15912962. Therefore, it implies a Short% of Shares Outstanding of 15839448 and a Short% of Float of 9.020001.
