Roivant Sciences Ltd (NASDAQ: ROIV) is -12.76% 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 $10.17 in the last trading session, with the day’s gains setting it 0.15%.
Currently trading at $10.32, the stock is -2.77% and -6.65% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.22 million and changing 1.47% at the moment leaves the stock -9.00% off its SMA200. ROIV registered -9.79% loss for a year compared to 6-month loss of -14.14%.
The stock witnessed a -7.28% gain in the last 1 month and extending the period to 3 months gives it a -18.68%, and is -1.62% 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 4.49% over the week and 2.99% over the month.
Roivant Sciences Ltd (ROIV) has around 908 employees, a market worth around $7.36B and $97.56M in sales. Profit margin for the company is -119.54%. Distance from 52-week low is 5.74% and -20.95% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.21%).
with sales reaching $62.17M over the same period.The EPS is expected to shrink by -105.88% this year, but quarterly earnings will post 13.24% year-over-year. Quarterly sales are estimated to grow 114.89% in year-over-year returns.
Roivant Sciences Ltd (ROIV) Top Institutional Holders
The shares outstanding are 719.63M, and float is at 442.76M with Short Float at 9.58%.
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
The most recent transaction is an insider sale by Venker Eric,the company’sPresident & COO. SEC filings show that Venker Eric sold 100,000 shares of the company’s common stock on Feb 20 ’25 at a price of $10.65 per share for a total of $1.06 million. Following the sale, the insider now owns 0.9 million shares.
Still, SEC filings show that on Feb 13 ’25, Kumar Rakhi (Chief Accounting Officer) disposed off 227,500 shares at an average price of $10.43 for $2.37 million. The insider now directly holds 163,264 shares of Roivant Sciences Ltd (ROIV).
