Avidity Biosciences Inc (NASDAQ:RNA) currently has a daily average trading volume of 1.52M but it saw 886265 shares traded in last market. With a market cap of 3.72B USD, the company’s current market price of $30.90 came rising about 1.81 while comparing to the previous closing price of $30.35. In past 52 weeks, the stock remained buoying in the range of price level as high as $56.00 and as low as $21.51. In the recent trading on the day, stock has struck highest price mark of $30.0 while lowest mark touched by it was $31.365.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Citigroup which initiated the stock as “Buy” in its note to investors issued on March 13, 2025, recommending a price target of $70 for it. Scotiabank also issued its recommendations for the stock as it initiated the price target for the stock is $70.
Over the week, RNA’s stock price is moving -2.34% down while it is -0.98% when we observe its performance for the past one month. Year-to-date it is 6.26% up and over the past year, the stock is showing an upside performance of 12.49%.
Currently, Avidity Biosciences Inc’s total number of outstanding shares is 120.51M with 5.16% of that held by the insiders while 112.54% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -27.74% and return on equity (ROE) at -34.19%. Stock’s beta reads 0.94. Stock has a price to book (P/B) ratio of 2.80 while price to sale or P/S ratio amounts to 417.09. Its return on asset (ROA) is -30.63% on average.
