In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of Avadel Pharmaceuticals plc (NASDAQ: AVDL) closed at $10.73 in the last session, down -1.83% from day before closing price of $10.93. In other words, the price has decreased by -$1.83 from its previous closing price. On the day, 0.87 million shares were traded. AVDL stock price reached its highest trading level at $10.945 during the session, while it also had its lowest trading level at $10.57.
Ratios:
We take a closer look at AVDL’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.60 and its Current Ratio is at 2.97. In the meantime, Its Debt-to-Equity ratio is 0.49 whereas as Long-Term Debt/Eq ratio is at 0.48.
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, Rodman & Renshaw on June 12, 2024, initiated with a Buy rating and assigned the stock a target price of $27.
On March 05, 2024, Oppenheimer reiterated its Outperform rating and also lowered its target price recommendation from $27 to $29.
Needham reiterated its Buy rating for the stock on March 05, 2024, while the target price for the stock was revised from $20 to $22.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 13 ’24 when MCHUGH THOMAS S bought 2,300 shares for $10.44 per share. The transaction valued at 24,019 led to the insider holds 87,800 shares of the business.
MCHUGH THOMAS S bought 5,000 shares of AVDL for $52,432 on Dec 11 ’24. The Chief Financial Officer now owns 85,500 shares after completing the transaction at $10.49 per share. On Dec 06 ’24, another insider, Divis Gregory J, who serves as the Chief Executive Officer of the company, bought 9,598 shares for $9.98 each. As a result, the insider paid 95,759 and bolstered with 9,598 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, AVDL now has a Market Capitalization of 1033958912 and an Enterprise Value of 1006406208. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.48 while its Price-to-Book (P/B) ratio in mrq is 13.84. Its current Enterprise Value per Revenue stands at 7.284 whereas that against EBITDA is -16.231.
Stock Price History:
Over the past 52 weeks, AVDL has reached a high of $19.09, while it has fallen to a 52-week low of $9.41. The 50-Day Moving Average of the stock is -13.33%, while the 200-Day Moving Average is calculated to be -27.97%.
Shares Statistics:
According to the various share statistics, AVDL traded on average about 1.18M shares per day over the past 3-months and 1421570 shares per day over the past 10 days. A total of 96.34M shares are outstanding, with a floating share count of 88.15M. Insiders hold about 8.53% of the company’s shares, while institutions hold 74.83% stake in the company. Shares short for AVDL as of 1732838400 were 9786822 with a Short Ratio of 8.27, compared to 1730332800 on 9448235. Therefore, it implies a Short% of Shares Outstanding of 9786822 and a Short% of Float of 11.61.
