Avadel Pharmaceuticals plc (NASDAQ: AVDL) is -24.83% lower on its value in year-to-date trading and has touched a low of $7.39 and a high of $19.09 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AVDL stock was last observed hovering at around $7.69 in the last trading session, with the day’s gains setting it 0.21%.
Currently trading at $7.90, the stock is -8.17% and -19.39% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.37 million and changing 2.73% at the moment leaves the stock -42.95% off its SMA200. AVDL registered -45.96% loss for a year compared to 6-month loss of -51.65%. The firm has a 50-day simple moving average (SMA 50) of $9.8002 and a 200-day simple moving average (SMA200) of $13.847.
The stock witnessed a -24.76% gain in the last 1 month and extending the period to 3 months gives it a -38.85%, and is 0.64% 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 5.23% over the week and 5.23% over the month.
Avadel Pharmaceuticals plc (AVDL) has around 154 employees, a market worth around $761.24M and $138.16M in sales. Fwd P/E is 64.49. Profit margin for the company is -52.53%. Distance from 52-week low is 6.90% and -58.62% from its 52-week high. The company has generated returns on investments over the last 12 months (-65.79%).
with sales reaching $50.04M over the same period.The EPS is expected to grow by 75.00% this year, but quarterly earnings will post 503.44% year-over-year. Quarterly sales are estimated to grow 157.22% in year-over-year returns.
Avadel Pharmaceuticals plc (AVDL) Top Institutional Holders
232.0 institutions hold shares in Avadel Pharmaceuticals plc (AVDL), with institutional investors hold 84.49% of the company’s shares. The shares outstanding are 96.34M, and float is at 88.11M with Short Float at 13.07%. Institutions hold 80.46% of the Float.
The top institutional shareholder in the company is VIVO CAPITAL, LLC with over 3.97 million shares valued at $55.85 million. The investor’s holdings represent 4.332% of the AVDL Shares outstanding. As of 2024-06-30, the second largest holder is TRI LOCUM PARTNERS LP with 1.19 million shares valued at $16.72 million to account for 1.2973 of the shares outstanding. The other top investors are BIOIMPACT CAPITAL LLC which holds 0.78 million shares representing 0.8542% and valued at over $11.01 million, while KNOLL CAPITAL MANAGEMENT, LLC holds 0.6544 of the shares totaling 0.6 million with a market value of $8.44 million.
Avadel Pharmaceuticals plc (AVDL) Insider Activity
The most recent transaction is an insider purchase by Palczuk Linda, the company’s Director. SEC filings show that Palczuk Linda bought 5,000 shares of the company’s common stock on Jan 21 ’25 at a price of $7.93 per share for a total of $39640.0. Following the purchase, the insider now owns 67900.0 shares.
Avadel Pharmaceuticals plc disclosed in a document filed with the SEC on Jan 13 ’25 that Thornton Peter J. (Director) bought a total of 10,000 shares of the company’s common stock. The trade occurred on Jan 13 ’25 and was made at $8.04 per share for $80450.0. Following the transaction, the insider now directly holds 0.1 million shares of the AVDL stock.
Still, SEC filings show that on Jan 13 ’25, Ende Eric J (Director) acquired 30,000 shares at an average price of $7.84 for $0.24 million. The insider now directly holds 208,900 shares of Avadel Pharmaceuticals plc (AVDL).
