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Adverum Biotechnologies Stock Price, Forecast & Analysis (NASDAQ:ADVM)

$9.37
+0.36 (+4.00 %)
(As of 11/16/2019 08:00 AM ET)
Today's Range
$8.88
Now: $9.37
$9.38
50-Day Range
$5.02
MA: $6.84
$9.10
52-Week Range
$2.81
Now: $9.37
$16.38
Volume849,700 shs
Average Volume1.04 million shs
Market Capitalization$605.21 million
P/E RatioN/A
Dividend YieldN/A
Beta2.54
Adverum Biotechnologies, Inc, a clinical-stage gene therapy company, engages in developing gene therapy product candidates to treat ocular and rare diseases. Its pipeline of product candidates includes ADVM-022, an adeno- associated virus (AAV). 7m8-aflibercept for the treatment of wet age-related macular degeneration; ADVM-043, an investigational gene therapy candidate for the treatment of alpha-1 antitrypsin deficiency; and ADVM-053, a preclinical gene therapy product candidate for the treatment of hereditary angioedema. Read More…

Industry, Sector and Symbol

Industry Biological products, except diagnostic
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:ADVM
CUSIPN/A
Phone650-272-6269

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.61 million
Book Value$2.54 per share

Profitability

Net Income$-72,630,000.00

Miscellaneous

Employees82
Market Cap$605.21 million
Next Earnings Date3/4/2020 (Estimated)
OptionableOptionable

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Adverum Biotechnologies (NASDAQ:ADVM) Frequently Asked Questions

What is Adverum Biotechnologies' stock symbol?

Adverum Biotechnologies trades on the NASDAQ under the ticker symbol "ADVM."

How were Adverum Biotechnologies' earnings last quarter?

Adverum Biotechnologies Inc (NASDAQ:ADVM) issued its quarterly earnings results on Thursday, November, 7th. The biotechnology company reported ($0.25) EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.27) by $0.02. The biotechnology company earned $0.25 million during the quarter, compared to analysts' expectations of $0.48 million. View Adverum Biotechnologies' Earnings History.

When is Adverum Biotechnologies' next earnings date?

Adverum Biotechnologies is scheduled to release their next quarterly earnings announcement on Wednesday, March 4th 2020. View Earnings Estimates for Adverum Biotechnologies.

What price target have analysts set for ADVM?

6 Wall Street analysts have issued twelve-month price targets for Adverum Biotechnologies' stock. Their forecasts range from $8.00 to $12.00. On average, they anticipate Adverum Biotechnologies' share price to reach $9.50 in the next twelve months. This suggests a possible upside of 1.4% from the stock's current price. View Analyst Price Targets for Adverum Biotechnologies.

What is the consensus analysts' recommendation for Adverum Biotechnologies?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Adverum Biotechnologies in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Adverum Biotechnologies.

Has Adverum Biotechnologies been receiving favorable news coverage?

News stories about ADVM stock have trended somewhat positive recently, InfoTrie reports. The research firm rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Adverum Biotechnologies earned a coverage optimism score of 2.0 on InfoTrie's scale. They also assigned media stories about the biotechnology company a news buzz of 8.0 out of 10, meaning that recent news coverage is very likely to have an impact on the stock's share price in the next few days. View News Stories for Adverum Biotechnologies.

Are investors shorting Adverum Biotechnologies?

Adverum Biotechnologies saw a decline in short interest during the month of October. As of October 15th, there was short interest totalling 8,190,000 shares, a decline of 15.9% from the September 15th total of 9,740,000 shares. Based on an average daily volume of 1,990,000 shares, the days-to-cover ratio is presently 4.1 days. Currently, 15.8% of the shares of the company are sold short. View Adverum Biotechnologies' Current Options Chain.

Who are some of Adverum Biotechnologies' key competitors?

What other stocks do shareholders of Adverum Biotechnologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Adverum Biotechnologies investors own include CTI BioPharma (CTIC), California Resources (CRC), CA (CA), BlackRock (BLK), Endologix (ELGX), Aegean Marine Petroleum Network (ANW), Immunomedics (IMMU), Nextera Energy Partners (NEP), Chipotle Mexican Grill (CMG) and Buckeye Partners (BPL).

Who are Adverum Biotechnologies' key executives?

Adverum Biotechnologies' management team includes the folowing people:
  • Dr. Mehdi Gasmi, Pres & Chief Scientific Officer (Age 52)
  • Dr. Mitchell H. Finer, Co-Founder & Director (Age 60)
  • Dr. Amber Salzman, Consultant (Age 57)
  • Ms. Leone D. Patterson, CEO & Director (Age 56)
  • Mr. Thomas Leung, Chief Financial Officer

Who are Adverum Biotechnologies' major shareholders?

Adverum Biotechnologies' stock is owned by a number of of retail and institutional investors. Top institutional investors include California Public Employees Retirement System (0.21%), Tibra Equities Europe Ltd (0.08%), SG Americas Securities LLC (0.06%), Tower Research Capital LLC TRC (0.03%) and BB&T Securities LLC (0.02%). View Institutional Ownership Trends for Adverum Biotechnologies.

Which major investors are buying Adverum Biotechnologies stock?

ADVM stock was bought by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, Tibra Equities Europe Ltd, SG Americas Securities LLC, Tower Research Capital LLC TRC and BB&T Securities LLC. View Insider Buying and Selling for Adverum Biotechnologies.

How do I buy shares of Adverum Biotechnologies?

Shares of ADVM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Adverum Biotechnologies' stock price today?

One share of ADVM stock can currently be purchased for approximately $9.37.

How big of a company is Adverum Biotechnologies?

Adverum Biotechnologies has a market capitalization of $605.21 million and generates $1.61 million in revenue each year. The biotechnology company earns $-72,630,000.00 in net income (profit) each year or ($1.18) on an earnings per share basis. Adverum Biotechnologies employs 82 workers across the globe.View Additional Information About Adverum Biotechnologies.

What is Adverum Biotechnologies' official website?

The official website for Adverum Biotechnologies is http://www.adverum.com/.

How can I contact Adverum Biotechnologies?

Adverum Biotechnologies' mailing address is 1035 O`BRIEN DRIVE, MENLO PARK CA, 94025. The biotechnology company can be reached via phone at 650-272-6269 or via email at [email protected]


MarketBeat Community Rating for Adverum Biotechnologies (NASDAQ ADVM)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  285 (Vote Outperform)
Underperform Votes:  306 (Vote Underperform)
Total Votes:  591
MarketBeat's community ratings are surveys of what our community members think about Adverum Biotechnologies and other stocks. Vote "Outperform" if you believe ADVM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ADVM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/17/2019 by MarketBeat.com Staff

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