In the past week, ARVN stock has gone down by -7.97%, with a monthly decline of -19.43% and a quarterly plunge of -5.74%. The volatility ratio for the week is 5.90%, and the volatility levels for the last 30 days are 4.35% for Arvinas Inc The simple moving average for the last 20 days is -11.47% for ARVN’s stock, with a simple moving average of 11.25% for the last 200 days.
Is It Worth Investing in Arvinas Inc (NASDAQ: ARVN) Right Now?
The stock has a 36-month beta value of 1.94. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 1 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for ARVN is 58.38M, and at present, short sellers hold a 14.73% of that float. On April 19, 2024, the average trading volume of ARVN was 742.53K shares.
ARVN) stock’s latest price update
Arvinas Inc (NASDAQ: ARVN)’s stock price has soared by 2.51 in relation to previous closing price of 33.45. Nevertheless, the company has seen a loss of -7.97% in its stock price over the last five trading days. Invezz reported 2024-04-11 that Arvinas Inc (NASDAQ: ARVN) is in the green at writing after announcing a deal worth over $1.0 billion with Novartis (SWX: NOVN). Details of Arvinas – Novartis agreement Novartis will pay $150 million to the pharmaceutical company up front.
Analysts’ Opinion of ARVN
Many brokerage firms have already submitted their reports for ARVN stocks, with Oppenheimer repeating the rating for ARVN by listing it as a “Outperform.” The predicted price for ARVN in the upcoming period, according to Oppenheimer is $80 based on the research report published on February 28, 2024 of the current year 2024.
Citigroup, on the other hand, stated in their research note that they expect to see ARVN reach a price target of $55, previously predicting the price at $36. The rating they have provided for ARVN stocks is “Neutral” according to the report published on February 14th, 2024.
Goldman gave a rating of “Buy” to ARVN, setting the target price at $70 in the report published on February 01st of the current year.
ARVN Trading at -21.92% from the 50-Day Moving Average
After a stumble in the market that brought ARVN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -35.40% of loss for the given period.
Volatility was left at 4.35%, however, over the last 30 days, the volatility rate increased by 5.90%, as shares sank -22.35% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -30.03% lower at present.
During the last 5 trading sessions, ARVN fell by -7.97%, which changed the moving average for the period of 200-days by +36.18% in comparison to the 20-day moving average, which settled at $38.24. In addition, Arvinas Inc saw -16.69% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ARVN starting from Houston John G, who sale 5,196 shares at the price of $47.05 back on Feb 23 ’24. After this action, Houston John G now owns 1,036,681 shares of Arvinas Inc, valued at $244,472 using the latest closing price.
Cassidy Sean A, the Chief Financial Officer of Arvinas Inc, sale 1,702 shares at $47.05 during a trade that took place back on Feb 23 ’24, which means that Cassidy Sean A is holding 181,916 shares at $80,079 based on the most recent closing price.
Stock Fundamentals for ARVN
Current profitability levels for the company are sitting at:
- -5.11 for the present operating margin
- 0.91 for the gross margin
The net margin for Arvinas Inc stands at -4.66. The total capital return value is set at -0.38. Equity return is now at value -59.97, with -28.55 for asset returns.
Based on Arvinas Inc (ARVN), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at -119.93. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is 56.55.
Currently, EBITDA for the company is -394.8 million with net debt to EBITDA at 0.78. When we switch over and look at the enterprise to sales, we see a ratio of 25.74. The receivables turnover for the company is 10.9for trailing twelve months and the total asset turnover is 0.06. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.98.
Conclusion
To sum up, Arvinas Inc (ARVN) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
