Revolution Medicines Inc (NASDAQ: RVMD) is 57.85% higher on its value in year-to-date trading and has touched a low of $15.44 and a high of $48.61 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 $45.64 in the last trading session, with the day’s loss setting it -0.37%.
Currently trading at $45.27, the stock is 1.71% and 10.09% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.24 million and changing -0.81% at the moment leaves the stock 41.10% off its SMA200. RVMD registered 43.71% gain for a year compared to 6-month gain of 63.14%.
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The stock witnessed a 21.11% loss in the last 1 month and extending the period to 3 months gives it a 16.62%, and is -0.64% down 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 3.65% over the week and 4.63% over the month.
Revolution Medicines Inc (RVMD) has around 378 employees, a market worth around $7.47B and $4.57M in sales. Profit margin for the company is -10606.04%. Distance from 52-week low is 193.20% and -6.87% 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 15.95% this year
The shares outstanding are 164.67M, and float is at 137.60M with Short Float at 11.46%.
Revolution Medicines Inc (RVMD) Insider Activity
Revolution Medicines Inc disclosed in a document filed with the SEC on Jul 15 ’24 that Kelsey Stephen Michael () sold a total of 16,667 shares of the company’s common stock. The trade occurred on Jul 15 ’24 and was made at $46.47 per share for $0.77 million. Following the transaction, the insider now directly holds 0.27 million shares of the RVMD stock.
Still, SEC filings show that on Jul 12 ’24, GOLDSMITH MARK A () disposed off 25,000 shares at an average price of $45.05 for $1.13 million. The insider now directly holds 311,885 shares of Revolution Medicines Inc (RVMD).
