Roivant Sciences Ltd (NASDAQ: ROIV) is -9.72% lower on its value in year-to-date trading and has touched a low of $9.76 and a high of $13.06 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 ROIV stock was last observed hovering at around $10.72 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $10.68, the stock is -1.49% and -5.30% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.18 million and changing -0.37% at the moment leaves the stock -6.06% off its SMA200. ROIV registered -7.45% loss for a year compared to 6-month loss of -6.97%.
The stock witnessed a -4.30% gain in the last 1 month and extending the period to 3 months gives it a -4.30%, and is 2.20% 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 2.03% over the week and 2.50% over the month.
Roivant Sciences Ltd (ROIV) has around 908 employees, a market worth around $7.62B and $97.56M in sales. Profit margin for the company is -119.54%. Distance from 52-week low is 9.43% and -18.19% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.21%).
with sales reaching $73.2M over the same period.The EPS is expected to shrink by -109.23% this year, but quarterly earnings will post 13.24% year-over-year. Quarterly sales are estimated to grow 153.03% in year-over-year returns.
Roivant Sciences Ltd (ROIV) Top Institutional Holders
The shares outstanding are 719.63M, and float is at 442.37M with Short Float at 9.54%.
The top institutional shareholder in the company is SB INVESTMENT ADVISERS (UK) LTD with over 71.36 million shares valued at $754.29 million. The investor’s holdings represent 9.6983% of the ROIV Shares outstanding. As of 2024-06-30, the second largest holder is VIKING GLOBAL INVESTORS LP with 69.16 million shares valued at $$730.98 million to account for 9.3985 of the shares outstanding. The other top investors are QVT FINANCIAL LP which holds 66.72 million shares representing 9.0674% and valued at over $705.23 million, while FMR LLC holds 5.7982 of the shares totaling 46.55 million with a market value of $492.05 million.
Roivant Sciences Ltd (ROIV) Insider Activity
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Roivant Sciences Ltd disclosed in a document filed with the SEC on Feb 13 ’25 that Kumar Rakhi (Chief Accounting Officer) sold a total of 227,500 shares of the company’s common stock. The trade occurred on Feb 13 ’25 and was made at $10.43 per share for $2.37 million. Following the transaction, the insider now directly holds 0.16 million shares of the ROIV stock.
Still, SEC filings show that on Feb 12 ’25, Venker Eric (President & COO) disposed off 217,384 shares at an average price of $10.53 for $2.29 million. The insider now directly holds 732,294 shares of Roivant Sciences Ltd (ROIV).
