Stock Scorecard



Stock Summary for Avidity Biosciences Inc (RNA) - $25.14 as of 4/24/2024 2:56:04 PM EST

Total Score

7 out of 29

Currently on the following lists
None
Tim's Recommendation
Avoid

Growth List Algorithm Criteria for RNA

Positive earnings growth
P/E ratio less than Industry P/E Ratio
P/E ratio less than Sector P/E Ratio
P/E ratio that is half the growth rate (or less)
Positive net cash position the past year and most recent quarter
Equity to debt ratio greater than 0.75 for past year and most recent quarter
Positive net income past year and 12 trailing months
Free cash flow ratio greater than 0 and less than 10

Small Cap List Algorithm Criteria for RNA

Revenue growing by at least 20% average per year over the last 5 years
Market Capitalization under 2 billion
Price to Sales (P/S) ratio 12 trailing months less than Industry P/S ratio twelve trailing months
Price to Sales (P/S) ratio 12 trailing months less than Sector P/S ratio twelve trailing months
Net Income past year > Net Income prior year OR Net Income 12 trailing months > Net Income prior year OR Net Income 12 trailing months > Net Income past year

Dividend List Algorithm Criteria for RNA

Declared an ex-dividend date
Forward annual dividend rate greater than 2
Positive net cash position the past year and most recent quarter
Equity to debt ratio greater than 0.75 for past year and most recent quarter
Current ratio most recent quarter greater than 2

Bonus Criteria for RNA

P/E ratio less than five-year Average P/E ratio
Last Price to 52 Week Low Ratio Less Than 1
Total Cash Per Share > Last Day Price
P/S Ratio < 1
P/B Ratio < 1

Latest News for for RNA

Neuromuscular Focused-Avidity Biosciences Has 'Complete Package' - Analyst Predicts Stellar 142% Stock Surge - Avidity Biosciences ( NASDAQ:RNA ) 3/14/2024 7:29:00 PM
American Airlines To Rally Around 42%? Here Are 10 Top Analyst Forecasts For Tuesday - American Airlines Gr ( NASDAQ:AAL ) 3/5/2024 2:30:00 PM
What's Going On Avidity Biosciences Stock Today? - Avidity Biosciences ( NASDAQ:RNA ) 3/4/2024 5:28:00 PM
Tesla, Spirit Airlines, New York Community Bancorp And Other Big Stocks Moving Lower On Monday - Tesla ( NASDAQ:TSLA ) , New York Community ( NYSE:NYCB ) 3/4/2024 3:40:00 PM
Hormel Foods Reports Upbeat Earnings, Joins Pure Storage, Okta, Papa John's International And Other Big Stocks Moving Higher On Thursday - Hormel Foods ( NYSE:HRL ) , Pure Storage ( NYSE:PSTG ) , Papa John's International ( NASDAQ:PZZA ) , Okta ( NASDAQ:OKTA ) 2/29/2024 4:30:00 PM
Top 3 Health Care Stocks You May Want To Dump In Q1 - Avidity Biosciences ( NASDAQ:RNA ) , Catalyst Pharmaceuticals ( NASDAQ:CPRX ) 2/29/2024 3:40:00 PM
Avidity Biosciences, Inc. ( RNA ) Reports Q4 Loss, Misses Revenue Estimates 2/28/2024 10:20:00 PM
Strength Seen in Akoya ( AKYA ) : Can Its 7.4% Jump Turn into More Strength? 2/7/2024 9:13:00 AM
Strength Seen in Avidity Biosciences, Inc. ( RNA ) : Can Its 15.0% Jump Turn into More Strength? 1/29/2024 1:54:00 PM
Stocks Showing Market Leadership: Avidity Biosciences Earns 95 RS Rating 1/29/2024 8:00:00 AM

Financial Details for RNA

Company Overview

Ticker RNA
Company Name Avidity Biosciences Inc
Country USA
Description Avidity Biosciences, Inc., a biopharmaceutical company, is dedicated to the development of oligonucleotide-based therapies. The company is headquartered in La Jolla, California.
Sector Name LIFE SCIENCES
Industry Name PHARMACEUTICAL PREPARATIONS
Most Recent Quarter 12/31/2023
Next Earnings Date 5/7/2024

Stock Price History

Last Day Price 25.14
Last Day Price Updated 4/24/2024 2:56:04 PM EST
Last Day Volume 859,072
Average Daily Volume 1,169,755
52-Week High 27.66
52-Week Low 4.83
Last Price to 52 Week Low 420.50%

Valuation Measures

Trailing PE N/A
Industry PE 100.27
Sector PE 60.54
5-Year Average PE -5.42
Free Cash Flow Ratio 3.37
Industry Free Cash Flow Ratio 12.60
Sector Free Cash Flow Ratio 30.19
Current Ratio Most Recent Quarter 7.58
Total Cash Per Share 7.47
Book Value Per Share Most Recent Quarter 6.32
Price to Book Ratio 3.84
Industry Price to Book Ratio 5.66
Sector Price to Book Ratio 22.08
Price to Sales Ratio Twelve Trailing Months 200.88
Industry Price to Sales Ratio Twelve Trailing Months 5.48
Sector Price to Sales Ratio Twelve Trailing Months 5.16

Share Statistics

Total Shares Outstanding 79,720,000
Market Capitalization 2,004,160,800
Institutional Ownership N/A

Dividends

Ex-Dividend Date N/A
Last Dividend Amount 0.00
Current Dividend Amount 0.00
Dividend Aristocrat? False
Trailing Annual Dividend Rate 0.00
Trailing Annual Dividend Yield 0.00%
Forward Annual Dividend Rate 0.00
Forward Annual Dividend Yield 0.00%
5-Year Dividend Payments Count 0
3-Year Average Dividend Yield 0.00%
5-Year Average Dividend Yield 0.00%
1-Year Dividend Growth Rate Percentage 0.00%
3-Year Dividend Growth Rate Percentage 0.00%
5-Year Dividend Growth Rate Percentage 0.00%
All-Time Dividend Growth Rate Percentage 0.00%
Dividend Payout Ratio N/A

Income Statement

Quarterly Earnings Growth YOY 0.00%
Annual Earnings Growth -21.97%
Reported EPS 12 Trailing Months -2.91
Reported EPS Past Year 0.00
Reported EPS Prior Year -2.90
Net Income Twelve Trailing Months -212,220,000
Net Income Past Year -212,220,000
Net Income Prior Year -173,995,000
Quarterly Revenue Growth YOY -20.80%
5-Year Revenue Growth 13.27%

Balance Sheet

Total Cash Most Recent Quarter 595,400,000
Total Cash Past Year 595,400,000
Total Cash Prior Year 610,700,000
Net Cash Position Most Recent Quarter 595,400,000
Net Cash Position Past Year 595,400,000
Long Term Debt Past Year 0
Long Term Debt Prior Year 4,544,000
Total Debt Most Recent Quarter 0
Equity to Debt Ratio Past Year 1.00
Equity to Debt Ratio Most Recent Quarter 1.00
Total Stockholder Equity Past Year 500,764,000
Total Stockholder Equity Prior Year 578,075,000
Total Stockholder Equity Most Recent Quarter 500,764,000

Options

Put/Call Ratio 0.00
Has Options Options Chain
Liquidity Rating

Technical Analysis

Yahoo Finance Chart Yahoo Finance Chart
MACD 0.91
MACD Signal 1.42
20-Day Bollinger Lower Band 3.07
20-Day Bollinger Middle Band 15.89
20-Day Bollinger Upper Band 28.71
Beta 0.77
RSI 50.89
50-Day SMA 11.25
200-Day SMA 19.09

System

Modified 4/23/2024 10:26:05 AM EST