For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The closing price of Arvinas Inc (NASDAQ: ARVN) was $18.57 for the day, up 2.88% from the previous closing price of $18.05. In other words, the price has increased by $2.88 from its previous closing price. On the day, 0.51 million shares were traded. ARVN stock price reached its highest trading level at $18.84 during the session, while it also had its lowest trading level at $17.655.
Ratios:
Our analysis of ARVN’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 1276002304 and an Enterprise Value of 155902224. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.92 while its Price-to-Book (P/B) ratio in mrq is 2.18. Its current Enterprise Value per Revenue stands at 0.968 whereas that against EBITDA is -0.442.
Stock Price History:
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 -15.48%, while the 200-Day Moving Average is calculated to be -30.45%.
Shares Statistics:
ARVN traded an average of 803.84K shares per day over the past three months and 792920 shares per day over the past ten 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 11.79, compared to 1732838400 on 9020282. Therefore, it implies a Short% of Shares Outstanding of 9479102 and a Short% of Float of 14.050001000000002.
