Adverum Biotechnologies Stock Today

ADVM Stock  USD 6.64  0.19  2.95%   

Performance

1 of 100

 
Weak
 
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Weak

Odds Of Distress

Over 81

 
High
 
Low
Very High
Adverum Biotechnologies is selling at 6.64 as of the 29th of November 2024; that is 2.95 percent increase since the beginning of the trading day. The stock's lowest day price was 6.52. Adverum Biotechnologies has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Adverum Biotechnologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of June 2023 and ending today, the 29th of November 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
31st of July 2014
Category
Healthcare
Classification
Health Care
Adverum Biotechnologies, Inc., a clinical-stage gene therapy company, develops gene therapy product candidates to treat ocular and rare diseases. Adverum Biotechnologies, Inc. was incorporated in 2006 and is headquartered in Redwood City, California. Adverum Biotechnlgs operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. The company has 20.8 M outstanding shares of which 1.53 M shares are presently shorted by private and institutional investors with about 9.27 trading days to cover. More on Adverum Biotechnologies

Moving against Adverum Stock

  0.35VTRS ViatrisPairCorr
  0.31ELAN Elanco Animal HealthPairCorr

Adverum Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO PresidentLaurent Fischer
Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Composite, Health Care, Biotechnology, Biotechnology, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.02270.0239
Notably Down
Slightly volatile
Total Current Liabilities15 M24.9 M
Way Down
Slightly volatile
Non Current Liabilities Total67.9 M64.6 M
Sufficiently Up
Slightly volatile
Total Assets247.9 M173 M
Way Up
Slightly volatile
Total Current Assets97.6 M102.8 M
Notably Down
Slightly volatile
Debt Levels
Adverum Biotechnologies can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Adverum Biotechnologies' financial leverage. It provides some insight into what part of Adverum Biotechnologies' total assets is financed by creditors.
Liquidity
Adverum Biotechnologies currently holds 75.04 M in liabilities with Debt to Equity (D/E) ratio of 0.43, which is about average as compared to similar companies. Adverum Biotechnologies has a current ratio of 7.87, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Adverum Biotechnologies' use of debt, we should always consider it together with its cash and equity.

Depreciation

5.93 Million
Adverum Biotechnologies (ADVM) is traded on NASDAQ Exchange in USA. It is located in 100 Cardinal Way, Redwood City, CA, United States, 94063 and employs 121 people. Adverum Biotechnologies is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 134.18 M. Adverum Biotechnologies conducts business under Biotechnology sector and is part of Health Care industry. The entity has 20.8 M outstanding shares of which 1.53 M shares are presently shorted by private and institutional investors with about 9.27 trading days to cover. Adverum Biotechnologies currently holds about 235.84 M in cash with (90.9 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.37.
Check Adverum Biotechnologies Probability Of Bankruptcy
Ownership Allocation
Adverum Biotechnologies holds a total of 20.8 Million outstanding shares. The majority of Adverum Biotechnologies outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Adverum Biotechnologies to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Adverum Biotechnologies. Please pay attention to any change in the institutional holdings of Adverum Biotechnologies as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Adverum Ownership Details

Adverum Stock Institutional Holders

InstituionRecorded OnShares
Goldman Sachs Group Inc2024-06-30
396.9 K
State Street Corp2024-06-30
278.5 K
Morgan Stanley - Brokerage Accounts2024-06-30
258.5 K
Fmr Inc2024-09-30
234.7 K
Dimensional Fund Advisors, Inc.2024-09-30
206.7 K
Marshall Wace Asset Management Ltd2024-06-30
204.6 K
Bank Of America Corp2024-06-30
176.1 K
Northern Trust Corp2024-09-30
155 K
Soleus Capital Management, L.p.2024-06-30
147.2 K
Bml Capital Management Llc2024-09-30
2.3 M
Tcg Crossover Management, Llc2024-09-30
M
View Adverum Biotechnologies Diagnostics

Adverum Biotechnologies Historical Income Statement

At this time, Adverum Biotechnologies' Depreciation And Amortization is very stable compared to the past year. As of the 29th of November 2024, Interest Expense is likely to grow to about 3.2 M, while Total Revenue is likely to drop about 2.8 M. View More Fundamentals

Adverum Stock Against Markets

Adverum Biotechnologies Corporate Management

Jim WangChief OfficerProfile
Andrew RamelmeierChief OfficerProfile
Romuald CorbauChief OfficerProfile
Kalliopi MDSenior DevelopmentProfile
Michael SteelSenior QualityProfile
Rabia MDChief OfficerProfile

Already Invested in Adverum Biotechnologies?

The danger of trading Adverum Biotechnologies is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Adverum Biotechnologies is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Adverum Biotechnologies. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Adverum Biotechnologies is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Adverum Biotechnologies is a strong investment it is important to analyze Adverum Biotechnologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Adverum Biotechnologies' future performance. For an informed investment choice regarding Adverum Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adverum Biotechnologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
To learn how to invest in Adverum Stock, please use our How to Invest in Adverum Biotechnologies guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Adverum Biotechnologies. If investors know Adverum will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Adverum Biotechnologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.95)
Revenue Per Share
0.059
Quarterly Revenue Growth
(0.70)
Return On Assets
(0.30)
Return On Equity
(0.76)
The market value of Adverum Biotechnologies is measured differently than its book value, which is the value of Adverum that is recorded on the company's balance sheet. Investors also form their own opinion of Adverum Biotechnologies' value that differs from its market value or its book value, called intrinsic value, which is Adverum Biotechnologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Adverum Biotechnologies' market value can be influenced by many factors that don't directly affect Adverum Biotechnologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Adverum Biotechnologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Adverum Biotechnologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Adverum Biotechnologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.