Revolution Medicines Inc (NASDAQ: RVMD) is 37.34% higher on its value in year-to-date trading and has touched a low of $15.44 and a high of $40.21 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The RVMD stock was last observed hovering at around $37.38 in the last trading session, with the day’s gains setting it 2.01%.
Currently trading at $39.39, the stock is 5.71% and 14.78% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.34 million and changing 5.38% at the moment leaves the stock 35.01% off its SMA200. RVMD registered 48.42% gain for a year compared to 6-month gain of 100.46%.
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The stock witnessed a 8.66% loss in the last 1 month and extending the period to 3 months gives it a 32.54%, and is 2.82% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.86% over the week and 3.99% over the month.
Revolution Medicines Inc (RVMD) has around 378 employees, a market worth around $6.50B and $4.57M in sales. Profit margin for the company is -10606.04%. Distance from 52-week low is 155.11% and -2.04% from its 52-week high. The company has generated returns on investments over the last 12 months (-26.82%).
The EPS is expected to grow by 18.95% this year
The shares outstanding are 164.67M, and float is at 136.74M with Short Float at 9.16%.
Revolution Medicines Inc (RVMD) Insider Activity
The most recent transaction is an insider sale by Anders Jack, the company’s Chief Financial Officer. SEC filings show that Anders Jack sold 10,000 shares of the company’s common stock on May 03 ’24 at a price of $40.03 per share for a total of $0.4 million. Following the sale, the insider now owns 0.1 million shares.
Revolution Medicines Inc disclosed in a document filed with the SEC on Apr 10 ’24 that GOLDSMITH MARK A sold a total of 10,000 shares of the company’s common stock. The trade occurred on Apr 10 ’24 and was made at $35.33 per share for $0.35 million. Following the transaction, the insider now directly holds 30424.0 shares of the RVMD stock.
Still, SEC filings show that on Apr 10 ’24, GOLDSMITH MARK A disposed off 7,500 shares at an average price of $35.48 for $0.27 million. The insider now directly holds 452,879 shares of Revolution Medicines Inc (RVMD).
