DBV Technologies ADR (NASDAQ:DBVT) price on current trading day, rose 2.58% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $0.86.
A look at the stock’s price movement, the level at last check in today’s session was $0.84, moving within a range at $0.8309 and $0.8913. The beta value (5-Year monthly) was 0.875. Turning to its 52-week performance, $2.28 and $0.50 were the 52-week high and 52-week low respectively. Overall, DBVT moved 25.42% over the past month.
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DBV Technologies ADR’s market cap currently stands at around $82.65 million, with investors looking forward to this quarter’s earnings report slated for on 2024-Jul-30.
Analysts have a consensus estimate of 1.38M for the company’s revenue for the quarter, with a low and high estimate of 1.1M and 1.86M respectively. The average forecast suggests down to a -40.10% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 5.33M, representing a -66.10% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that DBVT is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 1 recommend DBVT as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 1 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
DBVT’s current price about 20.76% and 11.56% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 67.86, while 7-day volatility ratio is 23.65% and 11.03% in the 30-day chart. Further, DBV Technologies ADR (DBVT) has a beta value of 0.67, and an average true range (ATR) of 0.09.
If we refocus on DBV Technologies ADR (NASDAQ:DBVT), historical trading data shows that trading volumes averaged 3.74 over the past 10 days and 609.01K over the past 3 months. The company’s latest data on shares outstanding shows there are 96.21 million shares.
The 1.85% of DBV Technologies ADR’s shares are in the hands of company insiders while institutional holders own 15.86% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.32 million on 2024-09-30, giving us a short ratio of 4.78. The data shows that as of 2024-09-30 short interest in DBV Technologies ADR (DBVT) stood at 43.0 of shares outstanding, with shares short rising to 0.28 million registered in 2024-08-30. Current price change has pushed the stock -54.92% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the DBVT stock continues to rise going into the next quarter.
