Daniel Hart - Avid Bioservices Chief Officer

CDMODelisted Stock  USD 12.49  0.00  0.00%   

Executive

Mr. Daniel R. Hart is Chief Financial Officer of the Company, effective August 1, 2018. He has served as Chief Financial Officer since August 1, 2018 and has over 20 years of finance and accounting experience. Mr. Hart is responsible for overseeing and managing all of our accounting and finance functions. Prior to joining us, Mr. Hart served as Chief Financial Officer of ENO Holdings, Inc., a family of companies focused on the residential real estate market with offerings spanning brokerage, franchisor, property management, title and escrow services. While with ENO Holdings, he helped optimize the groups accounting and finance department with a focus on establishing repeatable processes in the areas of financial statements, operating plans, cash forecasts and organization budgets. Prior to that position, Mr. Hart served as Senior Vice President, Chief Financial Officer and Assistant Secretary at SMA, a 100 million private equity owned management consulting firm that was previously a Nasdaqlisted company. During his time at SMA, which included several financial leadership positions of increasing responsibility, he was responsible for overseeing financial stewardship and played a central role in various financial transactions and corporate acquisitions since 2018.
Age 52
Tenure 7 years
Phone714 508 6100
Webhttps://www.avidbio.com
Hart also previously served as Corporationrationrationrate Controller for Biolase Technology, Inc., a Nasdaqlisted medical device manufacturer, helping the company complete a $52 million secondary offering and multiple corporate acquisitions, and prior to that, worked at Deloitte & Touche LLP. He earned a BS degree in accounting from California Polytechnic State University, San Luis Obispo and is a certified public accountant in the State of California .

Daniel Hart Latest Insider Activity

Tracking and analyzing the buying and selling activities of Daniel Hart against Avid Bioservices stock is an integral part of due diligence when investing in Avid Bioservices. Daniel Hart insider activity provides valuable insight into whether Avid Bioservices is net buyers or sellers over its current business cycle. Note, Avid Bioservices insiders must abide by specific rules, including filing SEC forms every time they buy or sell Avid Bioservices'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Avid Bioservices Management Efficiency

The company has return on total asset (ROA) of (0.0305) % which means that it has lost $0.0305 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.1584) %, meaning that it created substantial loss on money invested by shareholders. Avid Bioservices' management efficiency ratios could be used to measure how well Avid Bioservices manages its routine affairs as well as how well it operates its assets and liabilities.
Avid Bioservices currently holds 207.83 M in liabilities with Debt to Equity (D/E) ratio of 1.02, which is about average as compared to similar companies. Avid Bioservices has a current ratio of 1.89, which is within standard range for the sector. Note, when we think about Avid Bioservices' use of debt, we should always consider it together with its cash and equity.

Similar Executives

Showing other executives

EXECUTIVE Age

Ling ZhouAdagene
N/A
DO SrLarimar Therapeutics
63
Jolanda HoweMirum Pharmaceuticals
N/A
John BermanLarimar Therapeutics
N/A
Gayathri DiwakarCrinetics Pharmaceuticals
N/A
Ashish MBADyne Therapeutics
N/A
Gloria CosgroveLyra Therapeutics
N/A
Amy ReillyDyne Therapeutics
51
Richard MDLyra Therapeutics
61
David MDMineralys Therapeutics, Common
70
Stuart NaylorMeiraGTx Holdings PLC
62
Douglas SnyderIdeaya Biosciences
61
Nicole SweenyKalvista Pharmaceuticals
49
Cindy BerejikianMineralys Therapeutics, Common
N/A
Debra FeldmanDyne Therapeutics
54
Edward FeenerKalvista Pharmaceuticals
64
Jennifer JohanssonLarimar Therapeutics
N/A
John BishopLyra Therapeutics
62
James MDAnaptysBio
62
Sarah FosterMineralys Therapeutics, Common
N/A
Yan MBAAdagene
50
Avid Bioservices, Inc., a contract development and manufacturing organization, provides process development and current good manufacturing practices clinical and commercial manufacturing services focused on biopharmaceutical drug substances derived from mammalian cell culture. Avid Bioservices, Inc. was incorporated in 1981 and is headquartered in Tustin, California. Avid Bioservices operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 321 people. Avid Bioservices (CDMO) is traded on NASDAQ Exchange in USA. It is located in 14191 Myford Road, Tustin, CA, United States, 92780 and employs 371 people. Avid Bioservices is listed under Pharmaceutical Products category by Fama And French industry classification.

Management Performance

Avid Bioservices Leadership Team

Elected by the shareholders, the Avid Bioservices' board of directors comprises two types of representatives: Avid Bioservices inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Avid. The board's role is to monitor Avid Bioservices' management team and ensure that shareholders' interests are well served. Avid Bioservices' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Avid Bioservices' outside directors are responsible for providing unbiased perspectives on the board's policies.
Shelley Fussey, Vice President - Intellectual Property
Daniel Hart, Chief Officer
Mark JD, General VP
Oksana Lukash, Vice People
Prof Brekken, Medical Advisor
Harold MD, Medical Advisor
Prof Schroit, Medical Advisor
Matthew Kwietniak, Chief Officer
Richard Richieri, Chief Officer
Tracy Kinjerski, VP Operations

Avid Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Avid Bioservices a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Avid Bioservices

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Avid Bioservices position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Avid Bioservices will appreciate offsetting losses from the drop in the long position's value.

Moving against Avid Stock

  0.56MBRX Moleculin Biotech Buyout TrendPairCorr
  0.46DNLI Denali TherapeuticsPairCorr
  0.44MBIO Mustang BioPairCorr
  0.4VANI Vivani MedicalPairCorr
  0.33MGNX MacroGenics Earnings Call This WeekPairCorr
The ability to find closely correlated positions to Avid Bioservices could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avid Bioservices when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Avid Bioservices - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Avid Bioservices to buy it.
The correlation of Avid Bioservices is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Avid Bioservices moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avid Bioservices moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Avid Bioservices can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

Other Consideration for investing in Avid Stock

If you are still planning to invest in Avid Bioservices check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Avid Bioservices' history and understand the potential risks before investing.
Bonds Directory
Find actively traded corporate debentures issued by US companies
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Money Managers
Screen money managers from public funds and ETFs managed around the world