AVEO Pharmaceuticals Inc. (NASDAQ:AVEO) went up by 14.94% from its latest closing price compared to the recent 1-year high of $7.55. The company’s stock price has collected 44.58% of gains in the last five trading sessions.
Is It Worth Investing in AVEO Pharmaceuticals Inc. (NASDAQ :AVEO) Right Now?
Plus, the 36-month beta value for AVEO is at 1.12. Opinions of the stock are interesting as 4 analysts out of 5 who provided ratings for AVEO Pharmaceuticals Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
AVEO currently public float of 34.41M and currently shorts hold a 3.26% ratio of that float. Today, the average trading volume of AVEO was 203.83K shares.
AVEO’s Market Performance
AVEO stocks went up by 44.58% for the week, with a monthly jump of 49.25% and a quarterly performance of 3.27%, while its annual performance rate touched -12.54%. The volatility ratio for the week stands at 12.39% while the volatility levels for the past 30 days are set at 8.45% for AVEO Pharmaceuticals Inc. The simple moving average for the period of the last 20 days is 41.38% for AVEO stocks with a simple moving average of 16.23% for the last 200 days.
Analysts’ Opinion of AVEO
Many brokerage firms have already submitted their reports for AVEO stocks, with Stifel repeating the rating for AVEO by listing it as a “Buy.” The predicted price for AVEO in the upcoming period, according to Stifel is $9 based on the research report published on November 09th of the previous year 2020.
SVB Leerink, on the other hand, stated in their research note that they expect to see AVEO reach a price target of $7. The rating they have provided for AVEO stocks is “Outperform” according to the report published on August 13th, 2020.
H.C. Wainwright gave a rating of “Buy” to AVEO, setting the target price at $1.75 in the report published on September 11th of the previous year.
AVEO Trading at 32.21% from the 50-Day Moving Average
After a stumble in the market that brought AVEO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.53% of loss for the given period.
Volatility was left at 8.45%, however, over the last 30 days, the volatility rate increased by 12.39%, as shares surge +50.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.89% upper at present.
During the last 5 trading sessions, AVEO rose by +44.58%, which changed the moving average for the period of 200-days by -6.98% in comparison to the 20-day moving average, which settled at $4.34. In addition, AVEO Pharmaceuticals Inc. saw 27.93% 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 AVEO starting from BAILEY MICHAEL P, who purchase 15,000 shares at the price of $6.48 back on Sep 01. After this action, BAILEY MICHAEL P now owns 49,311 shares of AVEO Pharmaceuticals Inc., valued at $97,200 using the latest closing price.
Ferraresso Michael, the Chief Commercial Officer of AVEO Pharmaceuticals Inc., purchase 2,608 shares at $5.75 during a trade that took place back on Aug 10, which means that Ferraresso Michael is holding 8,318 shares at $14,996 based on the most recent closing price.
Stock Fundamentals for AVEO
Current profitability levels for the company are sitting at:
- -117.16 for the present operating margin
- +88.80 for the gross margin
The net margin for AVEO Pharmaceuticals Inc. stands at -126.12. Equity return is now at value -85.30, with -38.90 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 5.59.