Clovis Oncology Inc. (NASDAQ:CLVS) went down by -4.51% from its latest closing price compared to the recent 1-year high of $11.10. The company’s stock price has collected -10.41% of loss in the last five trading sessions. Press Release reported on 04/28/21 that Clovis Oncology to Present at the Bank of America 2021 Health Care Conference
Is It Worth Investing in Clovis Oncology Inc. (NASDAQ :CLVS) Right Now?
Plus, the 36-month beta value for CLVS is at 1.62. Opinions of the stock are interesting as 1 analysts out of 7 who provided ratings for Clovis Oncology Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 3 rated it as “hold,” and 2 as “sell.”
The average price from analysts is $6.79, which is $1.62 above the current price. CLVS currently public float of 86.43M and currently shorts hold a 36.63% ratio of that float. Today, the average trading volume of CLVS was 12.33M shares.
CLVS’s Market Performance
CLVS stocks went down by -10.41% for the week, with a monthly drop of -21.84% and a quarterly performance of -32.56%, while its annual performance rate touched -31.51%. The volatility ratio for the week stands at 4.65% while the volatility levels for the past 30 days are set at 5.65% for Clovis Oncology Inc.. The simple moving average for the period of the last 20 days is -10.31% for CLVS stocks with a simple moving average of -6.64% for the last 200 days.
Analysts’ Opinion of CLVS
Many brokerage firms have already submitted their reports for CLVS stocks, with H.C. Wainwright repeating the rating for CLVS by listing it as a “Buy.” The predicted price for CLVS in the upcoming period, according to H.C. Wainwright is $33 based on the research report published on May 18th of the previous year 2020.
SVB Leerink, on the other hand, stated in their research note that they expect to see CLVS reach a price target of $5. The rating they have provided for CLVS stocks is “Underperform” according to the report published on April 27th, 2020.
BofA/Merrill gave a rating of “Underperform” to CLVS, setting the target price at $6 in the report published on April 09th of the previous year.
CLVS Trading at -11.18% from the 50-Day Moving Average
After a stumble in the market that brought CLVS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -50.36% of loss for the given period.
Volatility was left at 5.65%, however, over the last 30 days, the volatility rate increased by 4.65%, as shares sank -20.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -17.51% lower at present.
During the last 5 trading sessions, CLVS fell by -10.41%, which changed the moving average for the period of 200-days by -15.75% in comparison to the 20-day moving average, which settled at $6.07. In addition, Clovis Oncology Inc. saw 14.79% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at CLVS starting from IVERS-READ GILLIAN C, who sale 3,952 shares at the price of $5.54 back on May 04. After this action, IVERS-READ GILLIAN C now owns 247,059 shares of Clovis Oncology Inc., valued at $21,894 using the latest closing price.
MUEHL DANIEL W, the See Remarks of Clovis Oncology Inc., sale 4,837 shares at $5.54 during a trade that took place back on May 04, which means that MUEHL DANIEL W is holding 52,008 shares at $26,797 based on the most recent closing price.
Stock Fundamentals for CLVS
Current profitability levels for the company are sitting at:
- -183.68 for the present operating margin
- +74.89 for the gross margin
The net margin for Clovis Oncology Inc. stands at -224.41. The total capital return value is set at -58.76, while invested capital returns managed to touch -77.43. Equity return is now at value 270.20, with -60.80 for asset returns.
When we switch over and look at the enterprise to sales, we see a ratio of 4.93, with the company’s debt to enterprise value settled at 0.80. The receivables turnover for the company is 5.04 and the total asset turnover is 0.26. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.68.