Roivant Sciences Ltd (ROIV) concluded trading on Thursady at a closing price of $11.36, with 5.08 million shares of worth about $57.69 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 1.88% during that period and on Thursady the price saw a loss of about -1.56%. Currently the company’s common shares owned by public are about 760.14M shares, out of which, 479.91M shares are available for trading.
Stock saw a price change of 0.35% in past 5 days and over the past one month there was a price change of 8.71%. Year-to-date (YTD), ROIV shares are showing a performance of 1.16% which increased to 32.56% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $6.59 but also hit the highest price of $13.24 during that period. The average intraday trading volume for Roivant Sciences Ltd shares is 5.49 million. The stock is currently trading 6.68% above its 20-day simple moving average (SMA20), while that difference is up 5.47% for SMA50 and it goes to 9.73% higher than SMA200.
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Roivant Sciences Ltd (NASDAQ: ROIV) currently have 760.14M outstanding shares and institutions hold larger chunk of about 56.19% of that.
The stock has a current market capitalization of $9.15B and its 3Y-monthly beta is at 1.36. PE ratio of stock for trailing 12 months is 2.18, while it has posted earnings per share of $5.21 in the same period. It has Quick Ratio of 27.77 while making debt-to-equity ratio of 0.08. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ROIV, volatility over the week remained 2.79% while standing at 3.25% over the month.
Analysts are in expectations that Roivant Sciences Ltd (ROIV) stock would likely to be making an EPS of -$0.29 in the current quarter, while forecast for next quarter EPS is -$0.46 and it is -$1.1 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.33 which is -$0.24 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$0.2 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 554.89% while it is estimated to decrease by -120.89% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wolfe Research on February 15, 2024 offering an Outperform rating for the stock and assigned a target price of $17 to it. Coverage by Piper Sandler stated Roivant Sciences Ltd (ROIV) stock as an Overweight in their note to investors on January 05, 2024, suggesting a price target of $20 for the stock. On December 12, 2023, Deutsche Bank Initiated their recommendations, while on October 17, 2023, Guggenheim Initiated their ratings for the stock with a price target of $17. Stock get a Neutral rating from BofA Securities on June 08, 2023.
