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.
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 $8.44B. A total of 1.35 million shares were traded on the day, compared to an average of 1.03M shares.
In the most recent transaction, Kelsey Stephen Michael sold 16,666 shares of RVMD for 49.49 per share on Oct 14 ’24. After the transaction, the insider now owns 264,408 company shares. In a previous transaction on Oct 11 ’24, Horn Margaret A sold 50,000 shares at 50.34 per share. RVMD shares that Chief Operating Officer owns now total 132,320.
Among the insiders who sold shares, GOLDSMITH MARK A disposed of 30,000 shares on Oct 11 ’24 at a per-share price of $50.36. This resulted in the insider holding 300,170 shares of RVMD after the transaction. In another insider transaction, Anders Jack sold 10,000 shares at $50.30 per share on Oct 11 ’24. Company shares held by the Chief Financial Officer now total 98,932.
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 $51.00 and a low of $18.00.
As of this writing, RVMD has an earnings estimate of -$0.89 per share for the current quarter. EPS was calculated based on a consensus of 14.0 estimates, with a high estimate of -$0.77 per share and a lower estimate of -$0.97. The company reported an EPS of -$0.99 in the last quarter
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 $9.77, 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 4.93.
