A share price of Atea Pharmaceuticals Inc [AVIR] is currently trading at $3.5, up 3.55%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The AVIR shares have gain 8.02% over the last week, with a monthly amount glided 11.46%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Atea Pharmaceuticals Inc [NASDAQ: AVIR] stock has seen the most recent analyst activity on August 13, 2024, when Morgan Stanley upgraded its rating to a Equal-Weight and also boosted its price target to $6.88 from $2. Previously, JP Morgan downgraded its rating to Underweight on August 10, 2023. On January 06, 2022, downgrade downgraded it’s rating to Underweight and revised its price target to $7 on the stock. SVB Leerink downgraded its rating to a Mkt Perform. JP Morgan downgraded its rating to a Neutral and reduced its price target to $16 on October 20, 2021. Morgan Stanley downgraded its rating to Equal-Weight for this stock on October 05, 2021, but kept the price target unchanged to $55. In a note dated November 25, 2020, Evercore ISI initiated an Outperform rating.
Atea Pharmaceuticals Inc experienced fluctuations in its stock price throughout the past year between $2.45 and $4.02. Currently, Wall Street analysts expect the stock to reach $6.88 within the next 12 months. Atea Pharmaceuticals Inc [NASDAQ: AVIR] shares were valued at $3.5 at the most recent close of the market. An investor can expect a potential return of 96.57% based on the average AVIR price forecast.
Analyzing the AVIR fundamentals
Gross Profit Margin for this corporation currently stands at -0.25% with Operating Profit Margin at -376.48%, Pretax Profit Margin comes in at -325.16%, and Net Profit Margin reading is -327.23%. To continue investigating profitability, this company’s Return on Assets is posted at -0.35, Equity is -0.33 and Total Capital is -0.42. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.0.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 3.38 points at the first support level, and at 3.26 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.56, and for the 2nd resistance point, it is at 3.62.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Atea Pharmaceuticals Inc [NASDAQ:AVIR] is 19.17. Also, the Quick Ratio is 19.17, while the Cash Ratio stands at 4.36.
Transactions by insiders
Recent insider trading involved BERGER FRANKLIN M, Director, that happened on Dec 10 ’24 when 0.36 million shares were sold. Lead Independent Director, Franklin Berger completed a deal on Dec 10 ’24 to buy 0.36 million shares.
