Arvinas Inc (NASDAQ:ARVN) shares traded 8.80% higher at $9.03 on Wall Street last session.
ARVN stock price is now -49.24% away from the 50-day moving average and -62.08% away from the 200-day moving average. The market capitalization of the company currently stands at $621.01M.
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With the price target reduced from $57 to $12, Wedbush Downgraded its rating from Outperform to Neutral for Arvinas Inc (NASDAQ: ARVN). , while ‘BTIG Research’ rates the stock as ‘Buy’
In other news, Loomis David K, Chief Accounting Officer sold 1,214 shares of the company’s stock on Feb 24 ’25. The stock was sold for $20,334 at an average price of $16.75. Upon completion of the transaction, the Chief Accounting Officer now directly owns 18,863 shares in the company, valued at $0.17 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 24 ’25, Chief Scientific Officer Cacace Angela M sold 4,207 shares of the business’s stock. A total of $70,238 was realized by selling the stock at an average price of $16.70. This leaves the insider owning 97,231 shares of the company worth $0.88 million. A total of 12.92% of the company’s stock is owned by insiders.
During the past 12 months, Arvinas Inc has had a low of $7.91 and a high of $46.62. As of last week, the company has a debt-to-equity ratio of 0.02, a current ratio of 4.64, and a quick ratio of 4.64. The fifty day moving average price for ARVN is $17.7898 and a two-hundred day moving average price translates $23.81395 for the stock.
The latest earnings results from Arvinas Inc (NASDAQ: ARVN) was released for 2024-12-31. The net profit margin was -92.98% and return on equity was -60.80% for ARVN. The company reported revenue of $59.2 million for the quarter, compared to -$43.1 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -237.35 percent.
