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Avidity Biosciences Inc.

RNA | US

14.79

USD

-0.03

-0.20%

RNA | US
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About Avidity Biosciences Inc.

Sector

Healthcare

Industry

Biotechnology

Earnings date

30/06/2024

As of date

09/03/2026

Close

14.79

Open

14.59

High

15.01

Low

14.00

Avidity Biosciences Inc. a biopharmaceutical company engages in the development of oligonucleotide-based therapies. It develops antibody oligonucleotide conjugates (AOC) that are designed to treat a range of serious diseases. The company's lead product candidate AOC 1001 for the treatment of myotonic dystrophy type 1 a rare monogenic muscle disease is under phase 1/2 clinical trial. Its other products in pipeline include AOC 1044 for the treatment of Duchenne Muscular Dystrophy which is under phase 1/2 clinical trial; and AOC 1020 to treat facioscapulohumeral muscular dystrophy is in phase 1/2 clinical trial. Avidity Biosciences Inc. was incorporated in 2012 and is headquartered in San Diego California.

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RNA | US

Risk
285.9
Sharpe
-0.51
Luna's Score
31/100
Recommendation
Sell

Luna says (RNA | US)

What's Working

Low Debt to Equity (< 0.25)

Low Debt to Asset (< 0.2)

What's not Working

Negative Momentum (Declining Price)

Price Below SMA10D

High Short-term Volatility

High 6-Month Volatility (>65%)

Smallcap (300M - 2B USD)

High Market Beta (> 0.8)

High Short percentage (> 15%)

Weak Operating Margin (< 10%)

Declining Revenue (< 0%)

Weak Sharpe Ratio (< 0.3)

Volatility Signals

Bullish: Stable Volatility (6-month <= 1-month volatility) is positive for the stock performance.

Risk Meter

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10 days

385.9%

1 month

285.9%

3 months

162.4%

6 months

134.1%

Returns

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Fundamental Ratios

PE

-

Fwd. PE

-

Price to book

4.74

Debt to equity

0.01

Debt to assets

0.01

Ent. to EBITDA

-5.72

Ent. to rev.

424.10

PEG

-

Other Fundamentals

EBITDA

-282.67M

MarketCap

1.75B

MarketCap(USD)

1.75B

Div. yield

-

Op. margin

-4.04K

Erngs. growth

-

Rev. growth

-11.70

Ret. on equity

-28.36

Short ratio

8.43

Short perc.

15.45

Market Sentiment (SMA and Price signals)

Short-term: Bearish (SMA10D < SMA1M)

Intermediate-term: Bearish (SMA1M < SMA3M)

Long-term: Bullish (SMA6M > SMA12M)

SMAs: Stock Price Trends

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Range10D

59.99

Range1M

59.99

Range3M

60.00

Volumes: Market Activity

Volume Averages

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Rel. volume

0.19

Price X volume

12.26M

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  • 1

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  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA-5.720.53Cheaper
Ent. to Revenue424.103,967.00Cheaper
PE Ratio-41.03-
Price to Book4.7415.55Cheaper
Dividend Yield-2.20-
Std. Deviation (3M)162.3772.80Riskier
Debt to Equity0.01-1.23Expensive
Debt to Assets0.010.25Cheaper
Market Cap1.75B3.66BEmerging
  • 1

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