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Is Revolution Medicines Inc (RVMD) a good stock to buy now?

Revolution Medicines Inc (NASDAQ: RVMD) is 53.14% higher on its value in year-to-date trading and has touched a low of $15.44 and a high of $41.21 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 $39.58 in the last trading session, with the day’s gains setting it 4.34%.

Currently trading at $43.92, the stock is 13.86% and 13.96% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.22 million and changing 10.97% at the moment leaves the stock 43.99% off its SMA200. RVMD registered 66.43% gain for a year compared to 6-month gain of 54.76%.

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The stock witnessed a 9.39% loss in the last 1 month and extending the period to 3 months gives it a 37.64%, and is 13.17% 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 5.04% over the week and 3.58% over the month.

Revolution Medicines Inc (RVMD) has around 378 employees, a market worth around $7.25B and $4.57M in sales. Profit margin for the company is -10606.04%. Distance from 52-week low is 184.45% and 6.59% 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 19.72% this year.

Revolution Medicines Inc (RVMD) Top Institutional Holders

The shares outstanding are 164.67M, and float is at 137.26M with Short Float at 11.31%.

Revolution Medicines Inc (RVMD) Insider Activity

The most recent transaction is an insider sale by Cislini Jeff,the company’sGeneral Counsel. SEC filings show that Cislini Jeff sold 2,000 shares of the company’s common stock on Jun 26 ’24 at a price of $38.47 per share for a total of $76940.0. Following the sale, the insider now owns 49487.0 shares.

Revolution Medicines Inc disclosed in a document filed with the SEC on Jun 25 ’24 that Kelsey Stephen Michaelsold a total of 16,467 shares of the company’s common stock. The trade occurred on Jun 25 ’24 and was made at $39.06 per share for $0.64 million. Following the transaction, the insider now directly holds 0.27 million shares of the RVMD stock.

Still, SEC filings show that on Jun 24 ’24, Kelsey Stephen Michael () disposed off 200 shares at an average price of $39.00 for $7800.0. The insider now directly holds 269,073 shares of Revolution Medicines Inc (RVMD).

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