After Hours
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.
Stocks Info
CDMO belongs to the Healthcare sector of the NASDAQ while operating in the Biotechnology industry. The current market capitalization of Avid Bioservices Inc is $795.06M. A total of 0.83 million shares were traded on the day, compared to an average of 1.94M shares.
In the most recent transaction, Richieri Richard A. sold 2,283 shares of CDMO for 12.37 per share on Jan 10 ’25. After the transaction, the Chief Operations Officer now owns 49,535 company shares. In a previous transaction on Jan 10 ’25, Richieri Richard A. sold 200 shares at 12.37 per share. CDMO shares that Chief Operations Officer owns now total 8,785.
Among the insiders who bought shares, Richard A. Richieri acquired of 2,483 shares on Jan 10 ’25 at a per-share price of $12.37. In another insider transaction, Richieri Richard A. sold 3,843 shares at $12.22 per share on Dec 26 ’24. Company shares held by the Chief Operations Officer now total 44,556.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, CDMO has a high of $12.48 and a low of $5.90.
As of this writing, CDMO has an earnings estimate of -$0.04 per share for the current quarter. EPS was calculated based on a consensus of 1.0 estimates, with a high estimate of -$0.04 per share and a lower estimate of -$0.04.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. CDMO’s latest balance sheet shows that the firm has $126.17M in Cash & Short Term Investments as of fiscal 2022. There were $182.53M in debt and $75.76M in liabilities at the time. Its Book Value Per Share was $0.70, while its Total Shareholder’s Equity was $174.53M.
Analysts Opinion
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. 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 CDMO is Buy with a score of 3.40.
