It’s Not Over Yet For Roivant Sciences Ltd (NASDAQ: ROIV)

After Hours

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. Most recently, Yahoo Finance reported about the stock as it publicized that Roivant Reports Financial Results for the Third Quarter Ended December 31, 2023, and Provides Business Update.

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Stocks Info

Roivant Sciences Ltd is listed on the NASDAQ as a member of the Healthcare sector and is a part of the Biotechnology industry. At the end of the last regular session, the stock closed at $11.71 and fluctuated between $11.77 as its day high and $11.54 as its day low. The current market capitalization of Roivant Sciences Ltd is $9.44B. A total of 3.59 million shares were traded on the day, compared to an average of 5.46M shares.

In the most recent transaction, Venker Eric sold 96,950 shares of ROIV for 10.92 per share on Feb 09. After the transaction, the President & COO now owns 532,207 company shares. In a previous transaction on Jan 02, Ramaswamy Vivek sold 3,000,000 shares at 11.05 per share. ROIV shares that 10% Owner owns now total 51,929,426.

Among the insiders who sold shares, Venker Eric disposed of 153,027 shares on Oct 05 at a per-share price of $10.11. This resulted in the Chief Operating Officer holding 595,397 shares of ROIV after the transaction. In another insider transaction, Venker Eric sold 606,221 shares at $10.25 per share on Oct 03. Company shares held by the Chief Operating Officer now total 595,397.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for ROIV in the last 3 months, the mean price target is $16.00 with high estimates of $23.00 and low estimates of $12.00. In terms of 52-week highs and lows, ROIV has a high of $13.24 and a low of $6.59.

As of this writing, ROIV has an earnings estimate of -$0.3 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of -$0.24 per share and a lower estimate of -$0.37. The company reported an EPS of -$0.4 in the last quarter, which was -29.00% lower than expectations of -$0.31.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. ROIV’s latest balance sheet shows that the firm has $2.06B in Cash & Short Term Investments as of fiscal 2022. There were $283.89M in debt and $184.37M in liabilities at the time. Its Book Value Per Share was $7.57, while its Total Shareholder’s Equity was $2.06B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. 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 ROIV is Buy with a score of 4.85.

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