stoxline Quote Chart Rank Option Currency Glossary
  
Avid Bioservices, Inc. (CDMO)
6.98  0.15 (2.2%)    04-25 10:04
Open: 6.74
High: 7.14
Volume: 193,967
  
Pre. Close: 6.83
Low: 6.71
Market Cap: 441(M)
Technical analysis
2024-04-25 9:46:33 AM
Short term     
Mid term     
Targets 6-month :  8.86 1-year :  10.35
Resists First :  7.59 Second :  8.86
Pivot price 6.75
Supports First :  6.69 Second :  6.13
MAs MA(5) :  6.65 MA(20) :  6.68
MA(100) :  6.63 MA(250) :  9.67
MACD MACD :  -0.1 Signal :  -0.1
%K %D K(14,3) :  47.5 D(3) :  35.4
RSI RSI(14): 53.5
52-week High :  18.86 Low :  4.07
Price, MAs and Bollinger Bands

Price has closed above its short-term moving average. Short-term moving average is currently below mid-term; and above long-term moving average. From the relationship between price and moving averages: This stock is NEUTRAL in short-term; and NEUTRAL in mid-long term.
[ CDMO ] has closed below upper band by 28.3%. Bollinger Bands are 38.8% narrower than normal. The current width of the bands does not suggest anything about the future direction or movement of prices.

Stock Price Prediction
If tomorrow: Open lower Open higher
High: 6.9 - 6.93 6.93 - 6.96
Low: 6.58 - 6.61 6.61 - 6.64
Close: 6.78 - 6.83 6.83 - 6.88
Company Description

Avid Bioservices, Inc., a contract development and manufacturing organization, provides process development and current good manufacturing practices (CGMP) clinical and commercial manufacturing services focused on biopharmaceutical drug substances derived from mammalian cell culture. The company produces monoclonal antibodies and recombinant proteins; and offers services, including CGMP clinical and commercial drug substance manufacturing, bulk packaging, release and stability testing, and regulatory submission and support. It also provides various process development services, such as upstream and downstream development and optimization, analytical methods development, testing, and characterization. The company serves biotechnology and biopharmaceutical industries. The company was formerly known as Peregrine Pharmaceuticals, Inc. and changed its name to Avid Bioservices, Inc. in January 2018. Avid Bioservices, Inc. was incorporated in 1981 and is headquartered in Tustin, California.

Headline News

Thu, 25 Apr 2024
Avid Bioservices misses top-line and bottom-line estimates; reaffirms FY24 outlook - Seeking Alpha

Wed, 24 Apr 2024
Avid Bioservices: Fiscal Q3 Earnings Snapshot - Quartz

Wed, 24 Apr 2024
Avid Bioservices Reports Financial Results for Third Quarter Ended January 31, 2024 - GlobeNewswire

Wed, 24 Apr 2024
Avid Bioservices (NASDAQ:CDMO) Stock Crosses Above 200 Day Moving Average of $6.56 - MarketBeat

Sun, 21 Apr 2024
Avid Bioservices Stock: A Few Years Away From Large, Relatively Sticky FCF (NASDAQ:CDMO) - Seeking Alpha

Fri, 12 Apr 2024
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Avid Bioservices, Inc ... - PR Newswire

Financial Analysis
Price to Book Value:
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Neutral
Price to Earnings:
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Underperform
Discounted cash flow:
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Outperform
Return on Assets:
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Neutral
Return on Equity:
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Underperform
Debt to Equity:
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Outperform
Stock Basics & Statistics
Exchange:
NASDAQ
Sector:
Healthcare
Industry:
Biotechnology
Shares Out 63 (M)
Shares Float 58 (M)
Held by Insiders 1.1 (%)
Held by Institutions 92 (%)
Shares Short 10,110 (K)
Shares Short P.Month 6,590 (K)
Stock Financials
EPS -0.19
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 2.9
Profit Margin -8.2 %
Operating Margin -44.2 %
Return on Assets (ttm) -1.4 %
Return on Equity (ttm) -6.3 %
Qtrly Rev. Growth -26.9 %
Gross Profit (p.s.) 0
Sales Per Share 2.22
EBITDA (p.s.) -0.01
Qtrly Earnings Growth 0 %
Operating Cash Flow 2 (M)
Levered Free Cash Flow -53 (M)
Stock Valuations
PE Ratio -38.78
PEG Ratio -1.7
Price to Book value 2.4
Price to Sales 3.13
Price to Cash Flow 258.13
Stock Dividends
Dividend 0.66
Forward Dividend 0
Dividend Yield 9.4%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

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