This Is Too Hot For Revolution Medicines Inc (NASDAQ: RVMD), Let’s Take A Closer Look

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Most recently, Yahoo Finance reported about the stock as it publicized that Revolution Medicines to Participate in Upcoming Investor Conferences.

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Stocks Info

As a NASDAQ listed company, RVMD falls under the Healthcare sector while operating within the Biotechnology industry segment. At the end of the last regular session, the stock closed at $30.38 and fluctuated between $31.20 as its day high and $29.58 as its day low. The current market capitalization of Revolution Medicines Inc is $4.98B. A total of 0.88 million shares were traded on the day, compared to an average of 1.43M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, RVMD has seen 6 BUY and 1 SELL insider trades, representing the acquisition of 3,639,370 and the disposition of 1,500 shares. Over the last 12 months, there were 36 BUYs and 33 SELLs from insiders. Insiders purchased 4,787,394 shares during that period but sold 190,799.

In the most recent transaction, Cislini Jeff sold 1,500 shares of RVMD for 27.00 per share on Jan 22. After the transaction, the General Counsel now owns 36,126 company shares. In a previous transaction on Jan 08, Kelsey Stephen Michael sold 3,337 shares at 29.01 per share. RVMD shares that the insider owns now total 221,632.

Among the insiders who sold shares, Kelsey Stephen Michael disposed of 13,330 shares on Jan 02 at a per-share price of $29.10. This resulted in the insider holding 224,969 shares of RVMD after the transaction. In another insider transaction, Kelsey Stephen Michael sold 33,334 shares at $29.01 per share on Dec 27. Company shares held by the insider now total 238,299.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for RVMD in the last 3 months, the mean price target is $36.09 with high estimates of $43.00 and low estimates of $26.00. In terms of 52-week highs and lows, RVMD has a high of $35.60 and a low of $15.44.

As of this writing, RVMD has an earnings estimate of -$0.88 per share for the current quarter. EPS was calculated based on a consensus of 11 estimates, with a high estimate of -$0.7 per share and a lower estimate of -$1.1. The company reported an EPS of -$0.92 in the last quarter, which was -12.20% lower than expectations of -$0.82.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. RVMD’s latest balance sheet shows that the firm has $577.05M in Cash & Short Term Investments as of fiscal 2021. There were $66.63M in debt and $60.35M in liabilities at the time. Its Book Value Per Share was $7.65, while its Total Shareholder’s Equity was $602.57M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for RVMD is Buy with a score of 4.83.

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