Arvinas Inc (NASDAQ:ARVN) price on current trading day, rose 3.33% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $8.70.
A look at the stock’s price movement, the close in the last trading session was $8.42, moving within a range at $8.4 and $8.8. The beta value (5-Year monthly) was 1.962. Turning to its 52-week performance, $44.85 and $7.91 were the 52-week high and 52-week low respectively. Overall, ARVN moved -53.35% over the past month.
Arvinas Inc’s market cap currently stands at around $598.32 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-10.
The average forecast suggests up to a 72.39% 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 204.62M, representing a -22.32% 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 ARVN is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
13 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 2 analyst(s) rate the stock as a Hold, 11 recommend ARVN as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 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.
ARVN’s current price about -39.36% and -47.95% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 26.61, while 7-day volatility ratio is 7.24% and 9.50% in the 30-day chart. Further, Arvinas Inc (ARVN) has a beta value of 2.27, and an average true range (ATR) of 1.48. Analysts have given the company’s stock an average 52-week price target of $40, forecast between a low of $12 and high of $69. Looking at the price targets, the low is -37.93% off current price level while to achieve the yearly target high, price needs to move -693.1%. Nonetheless, investors will most likely welcome a -359.77% jump to $40 which is the analysts’ median price.
If we refocus on Arvinas Inc (NASDAQ:ARVN), historical trading data shows that trading volumes averaged 4.55 over the past 10 days and 1.63 million over the past 3 months. The company’s latest data on shares outstanding shows there are 68.80 million shares.
The 12.91% of Arvinas Inc’s shares are in the hands of company insiders while institutional holders own 103.52% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 12.7 million on 2025-02-28, giving us a short ratio of 10.62. The data shows that as of 2025-02-28 short interest in Arvinas Inc (ARVN) stood at 1880.0 of shares outstanding, with shares short rising to 10.44 million registered in 2025-01-31. Current price change has pushed the stock -54.62% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the ARVN stock continues to rise going into the next quarter.
