Arvinas Inc (NASDAQ:ARVN) shares, rose in value on Wednesday, February 12, with the stock price up by 1.53% to the previous day’s close as strong demand from buyers drove the stock to $17.95.
Actively observing the price movement in the last trading, the stock closed the session at $17.68, falling within a range of $17.36 and $18.98. The value of beta (5-year monthly) was 1.967. Referring to stock’s 52-week performance, its high was $53.08, and the low was $16.61. On the whole, ARVN has fluctuated by -0.33% over the past month.
With the market capitalization of Arvinas Inc currently standing at about $1.23 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March.
Wall Street analysts also predicted that the company’s y-o-y revenues would reach 43.5M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ARVN’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of ARVN currently trading nearly -1.00% and -8.90% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 45.25, while the 7-day volatility ratio is showing 8.08% which for the 30-day chart, stands at 6.50%. Furthermore, Arvinas Inc (ARVN)’s beta value is 1.97, and its average true range (ATR) is 1.28.
A comparison of Arvinas Inc (ARVN) with its peers suggests the former has fared considerably weaker in the market. ARVN showed an intraday change of 1.53% in last session, and over the past year, it shrunk by -64.02%%.
Data on historical trading for Arvinas Inc (NASDAQ:ARVN) indicates that the trading volumes over the past 10 days have averaged 1.05 and over the past 3 months, they’ve averaged 898.07K. According to company’s latest data on outstanding shares, there are 68.80 million shares outstanding.
Nearly 13.37% of Arvinas Inc’s shares belong to company insiders and institutional investors own 100.80% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 9.76 million shares as on 2025-01-15, resulting in a short ratio of 10.28. According to the data, the short interest in Arvinas Inc (ARVN) stood at 1447.00 of shares outstanding as of 2025-01-15; the number of short shares registered in 2024-12-13 reached 9.61 million. The stock has fallen by -6.36% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ARVN stock heading into the next quarter.
