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. Yahoo Finance discussed the stock recently as it posted Revolution Medicines Announces Publication on the Discovery of and Translational Research for RMC-6236, an Investigational RAS(ON) Multi-Selective Tri-Complex Inhibitor Designed to Block Full Spectrum of Oncogenic RAS(ON) Proteins.
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Stocks Info
The company is listed on the NASDAQ and operates within the Biotechnology industry segment. The current market capitalization of Revolution Medicines Inc is $6.01B. A total of 4.43 million shares were traded on the day, compared to an average of 1.35M shares.
In the most recent transaction, Cislini Jeff sold 1,500 shares of RVMD for 30.99 per share on Mar 27 ’24. After the transaction, the General Counsel now owns 54,374 company shares. In a previous transaction on Mar 18 ’24, GOLDSMITH MARK A sold 5,788 shares at 31.58 per share. RVMD shares that the insider owns now total 460,379.
Among the insiders who sold shares, Horn Margaret A disposed of 2,914 shares on Mar 18 ’24 at a per-share price of $31.58. This resulted in the Chief Operating Officer holding 139,553 shares of RVMD after the transaction. In another insider transaction, Kelsey Stephen Michael sold 2,123 shares at $31.58 per share on Mar 18 ’24. Company shares held by the insider now total 270,909.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. 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 -$0.74 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of -$0.67 per share and a lower estimate of -$0.85. The company reported an EPS of -$0.99 in the last quarter, which was 2.00% higher than expectations of -$1.01.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. 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 $11.09, while its Total Shareholder’s Equity was $602.57M.
Analysts Opinion
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. 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 4.85.
