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NASDAQ: RNA
Avidity Biosciences Inc Stock

$22.73-0.31 (-1.35%)
Updated Apr 19, 2024
RNA Price
$22.73
Fair Value Price
-$4.40
Market Cap
$1.81B
52 Week Low
$4.83
52 Week High
$27.66
P/E
-7.81x
P/B
3.62x
P/S
69.12x
PEG
N/A
Dividend Yield
N/A
Revenue
$9.56M
Earnings
-$212.22M
Gross Margin
100%
Operating Margin
-2,219.87%
Profit Margin
-2,219.9%
Debt to Equity
0.26
Operating Cash Flow
-$119M
Beta
1.1
Next Earnings
May 7, 2024
Ex-Dividend
N/A
Next Dividend
N/A

RNA Overview

Avidity Biosciences, Inc., a biopharmaceutical company, engages in the development of oligonucleotide-based therapies. It develops antibody oligonucleotide conjugates (AOC) that are designed to treat a range of serious diseases. The company's lead product candidate AOC 1001 is used for the treatment of myotonic dystrophy type 1, a rare monogenic muscle disease; AOC 1044 for the treatment of Duchenne Muscular Dystrophy; and AOC 1020 designed to treat facioscapulohumeral muscular dystrophy which are in preclinical stage. It also offers Lumizyme therapy for Pompe diseases. Avidity Biosciences, Inc. was incorporated in 2012 and is headquartered in San Diego, California.

Zen Score

Industry Average (23)
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Due Diligence Checks

RNA ($22.73) is overvalued by 616.81% relative to our estimate of its Fair Value price of -$4.40 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
RNA ($22.73) is not significantly undervalued (616.81%) relative to our estimate of its Fair Value price of -$4.40 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
RNA is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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RNA News

Valuation

RNA fair value

Fair Value of RNA stock based on Discounted Cash Flow (DCF)
Price
$22.73
Fair Value
-$4.40
Undervalued by
616.81%
RNA ($22.73) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
RNA ($22.73) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
RNA is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

RNA price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-7.81x
Industry
15.81x
Market
40.51x

RNA price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
3.62x
Industry
5.74x
RNA is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

RNA's financial health

Profit margin

Revenue
$2.2M
Net Income
-$60.4M
Profit Margin
-2,756.2%
RNA's cash burn is expected... subscribe to Premium to read more.
Interest Coverage Financials
RNA's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$628.6M
Liabilities
$127.8M
Debt to equity
0.26
RNA's short-term assets ($611.31M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
RNA's short-term assets ($611.31M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
RNA's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
RNA's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$16.5M
Investing
$51.0M
Financing
$31.9M
RNA's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

RNA vs Biotech Stocks

TickerMarket Cap1d %P/EP/B
RNA$1.81B-1.35%-7.81x3.62x
FUSN$1.80B+0.05%-14.66x8.09x
MRVI$1.84B-4.07%-8.11x4.40x
CPRX$1.78B-1.37%22.58x4.60x
NAMS$1.78B+2.52%-8.53x5.68x

Avidity Biosciences Stock FAQ

What is Avidity Biosciences's quote symbol?

(NASDAQ: RNA) Avidity Biosciences trades on the NASDAQ under the ticker symbol RNA. Avidity Biosciences stock quotes can also be displayed as NASDAQ: RNA.

If you're new to stock investing, here's how to buy Avidity Biosciences stock.

What is the 52 week high and low for Avidity Biosciences (NASDAQ: RNA)?

(NASDAQ: RNA) Avidity Biosciences's 52-week high was $27.66, and its 52-week low was $4.83. It is currently -17.82% from its 52-week high and 371.09% from its 52-week low.

How much is Avidity Biosciences stock worth today?

(NASDAQ: RNA) Avidity Biosciences currently has 79,719,473 outstanding shares. With Avidity Biosciences stock trading at $22.73 per share, the total value of Avidity Biosciences stock (market capitalization) is $1.81B.

Avidity Biosciences stock was originally listed at a price of $28.50 in Jun 12, 2020. If you had invested in Avidity Biosciences stock at $28.50, your return over the last 3 years would have been -20.25%, for an annualized return of -7.26% (not including any dividends or dividend reinvestments).

How much is Avidity Biosciences's stock price per share?

(NASDAQ: RNA) Avidity Biosciences stock price per share is $22.73 today (as of Apr 19, 2024).

What is Avidity Biosciences's Market Cap?

(NASDAQ: RNA) Avidity Biosciences's market cap is $1.81B, as of Apr 20, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Avidity Biosciences's market cap is calculated by multiplying RNA's current stock price of $22.73 by RNA's total outstanding shares of 79,719,473.
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