AVROBIO, Inc. (NASDAQ:AVRO) went down by -14.53% from its latest closing price when compared to the 1-year high value of $29.32 and move down -27.48%, while AVRO stocks collected -6.16% of loss with the last five trading sessions. Press Release reported on 02/12/20 that AVROBIO Announces Pricing of Underwritten Public Offering of $100 Million of Common Stock
AVROBIO, Inc. (NASDAQ:AVRO) Worth an Investment?
AVROBIO, Inc. (NASDAQ:AVRO) of the analysts out of 0 who provided ratings for AVROBIO, Inc. stocks as a “buy” while as overweight, rated it as hold and as sell. The average price we get from analysts is $38.22 which is $13.67 above current price. AVRO currently has a short float of 4.26% and public float of 22.46 M with average trading volume of 237.07K shares.
AVRO Market Performance
AVRO stocks went down by -6.16% for the week, with the monthly jump of 24.66% and a quarterly performance of 70.37%, while its annual performance rate touched 67.52%. The simple moving average for the period of the last 20 days is 2.22% for AVRO stocks with the simple moving average of 29.25% for the last 200 days.
Analysts’ Opinion on AVROBIO, Inc. (NASDAQ:AVRO)
Many brokerage firms have already submitted their reports for AVRO stocks, with Mizuho repeating the rating for AVRO shares by setting it to “Buy”. The predicted price for AVRO socks in the upcoming period according to Mizuho is $28 based on the research report published on June 27, 2019.
Janney, on the other hand, stated in their research note that they expect to see AVRO stock at the price of $28. The rating they have provided for AVRO stocks is “Buy” according to the report published on April 5, 2019.
Guggenheim gave “Buy” rating to AVRO stocks, setting the target price at $28 in the report published on October 10, 2018.
AVRO Stocks 10.78% Far from 50 Day Moving Average
After a stumble in the market that brought AVRO to its low price for the period of the last 52 weeks, AVROBIO, Inc. was unable to take a rebound, for now settling with -21.56% of loss for the given period.
The stock volatility was left at 10.42%, however, within the period of a single month, the volatility rate increased by 14.77%, while the shares surge at the distance of +15.99% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +44.11% upper at the present time.
In the course of the last 5 trading sessions, AVRO went down by -6.16%, which changed the moving average for the period of 200 days to the total of +22.28% of gains for the stock in comparison to the 20-day moving average settled at $22.66. In addition, AVROBIO, Inc. saw 14.26% in overturn over the period of a single year with a tendency to cut further gains.
AVRO Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at AVROBIO, Inc. (AVRO), starting from PAIGE CHRISTOPHER, who sold 15,000 shares at the price of $28.00 back on Feb 11. After this action, Rushing now owns 252,512 shares of AVROBIO, Inc., valued at $420,000 with the latest closing price.
MACKAY GEOFFREY, the See Remarks of AVROBIO, Inc., sold 63,000 shares at the value of $27.57 during a trade that took place back on Feb 11, which means that MACKAY GEOFFREY is holding 346,523 shares at the value of $1,737,081 based on the most recent closing price.