The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The price of Revolution Medicines Inc (NASDAQ: RVMD) closed at $39.03 in the last session, down -0.43% from day before closing price of $39.20. In other words, the price has decreased by -$0.43 from its previous closing price. On the day, 0.85 million shares were traded. RVMD stock price reached its highest trading level at $40.005 during the session, while it also had its lowest trading level at $38.7.
Ratios:
We take a closer look at RVMD’s different ratios to gain a better understanding of the stock. 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:
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 Jan 21 ’25 when Cislini Jeff sold 2,406 shares for $40.50 per share. The transaction valued at 97,443 led to the insider holds 39,222 shares of the business.
JEFFREY TODD CISLINI bought 2,406 shares of RVMD for $96,938 on Jan 21 ’25. On Dec 16 ’24, another insider, Horn Margaret A, who serves as the Chief Operating Officer of the company, sold 4,329 shares for $45.40 each. As a result, the insider received 196,553 and left with 127,991 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 7256183808 and an Enterprise Value of 5102740992.
Stock Price History:
The Beta on a monthly basis for RVMD is 1.32, which has changed by 0.22620165 over the last 52 weeks, in comparison to a change of 0.07903516 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 -5.46%, while the 200-Day Moving Average is calculated to be -12.55%.
Shares Statistics:
According to the various share statistics, RVMD traded on average about 1.36M shares per day over the past 3-months and 1569850 shares per day over the past 10 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 94.02% stake in the company. Shares short for RVMD as of 1740700800 were 15839448 with a Short Ratio of 11.64, compared to 1738281600 on 15912962. Therefore, it implies a Short% of Shares Outstanding of 15839448 and a Short% of Float of 9.020001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
