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The price of Arvinas Inc (NASDAQ: ARVN) closed at $18.21 in the last session, up 0.39% from day before closing price of $18.14. In other words, the price has increased by $0.39 from its previous closing price. On the day, 0.51 million shares were traded. ARVN stock price reached its highest trading level at $19.3 during the session, while it also had its lowest trading level at $17.8501.
Ratios:
We take a closer look at ARVN’s different ratios to gain a better understanding of the stock. 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:
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 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 1251265536 and an Enterprise Value of 126355600. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.77 while its Price-to-Book (P/B) ratio in mrq is 2.13. Its current Enterprise Value per Revenue stands at 0.784 whereas that against EBITDA is -0.358.
Stock Price History:
The Beta on a monthly basis for ARVN is 1.88, which has changed by -0.5404104 over the last 52 weeks, in comparison to a change of 0.23883796 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 $17.08. The 50-Day Moving Average of the stock is -14.12%, while the 200-Day Moving Average is calculated to be -30.78%.
Shares Statistics:
According to the various share statistics, ARVN traded on average about 837.76K shares per day over the past 3-months and 864660 shares per day over the past 10 days. 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 100.02% stake in the company. Shares short for ARVN as of 1735603200 were 9479102 with a Short Ratio of 11.31, compared to 1732838400 on 9020282. Therefore, it implies a Short% of Shares Outstanding of 9479102 and a Short% of Float of 14.050001000000002.
