In last trading session, Aravive Inc. (NASDAQ:ARAV) saw 0.1 million shares changing hands with its beta currently measuring 2.40. Company’s recent per share price level of $1.28 trading at -$0.05 or -3.76% at ring of the bell on the day assigns it a market valuation of $79.48M. That closing price of ARAV’s stock is at a discount of -178.91% from its 52-week high price of $3.57 and is indicating a premium of 54.69% from its 52-week low price of $0.58. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.2 million shares which gives us an average trading volume of 630.30K if we extend that period to 3-months.
For Aravive Inc. (ARAV), analysts’ consensus is at an average recommendation of a Buy while assigning it a mean rating of 1.70. Splitting up the data highlights that, out of 6 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 6 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -$0.64 in the current quarter.
Aravive Inc. (NASDAQ:ARAV) trade information
Upright in the red during last session for losing -3.76%, in the last five days ARAV remained trading in the red while hitting it’s week-highest on Thursday, 11/17/22 when the stock touched $1.28 price level, adding 13.51% to its value on the day. Aravive Inc.’s shares saw a change of -41.55% in year-to-date performance and have moved -14.09% in past 5-day. Aravive Inc. (NASDAQ:ARAV) showed a performance of 37.63% in past 30-days. Number of shares sold short was 0.2 million shares which calculate 1.57 days to cover the short interests.
Aravive Inc. (ARAV) estimates and forecasts
Statistics highlight that Aravive Inc. is scoring comparatively lower than the scores of other players of the relevant industry. The company added 17.43% of value to its shares in past 6 months, showing an annual growth rate of 4.10% while that of industry is 4.60. Apart from that, the company came raising its revenue forecast for fiscal year 2022. The company is estimating its revenue growth to decrease by -20.80% in the current quarter and calculating 37.10% increase in the next quarter. This year revenue growth is estimated to fall -25.00% from the last financial year’s standing.
6 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $970k for the same. And 6 analysts are in estimates of company making revenue of $1.9 million in the next quarter that will end on Dec 2022. Company posted $1.87 million and $985k of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to shrink by -48.10% while estimating it to be 92.90% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 36.40% during past 5 years.
Aravive Inc. is more likely to be releasing its next quarterly report between October 31 and November 05 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Aravive Inc. (NASDAQ:ARAV)’s Major holders
Insiders are in possession of 41.51% of company’s total shares while institution are holding 18.33 percent of that, with stock having share float percentage of 31.34%. Investors also watch the number of corporate investors in a company very closely, which is 18.33% institutions for Aravive Inc. that are currently holding shares of the company. Armistice Capital, LLC is the top institutional holder at ARAV for having 1.32 million shares of worth $1.3 million. And as of Jun 29, 2022, it was holding 4.31% of the company’s outstanding shares.
The second largest institutional holder is Artal Group S.A., which was holding about 1.31 million shares on Jun 29, 2022. The number of shares represents firm’s hold over 4.30% of outstanding shares, having a total worth of $1.3 million.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Jun 29, 2022, the former fund manager was holding 0.29 million shares of worth $0.28 million or 0.94% of the total outstanding shares. The later fund manager was in possession of 0.17 million shares on Jun 29, 2022, making its stake of worth around $0.16 million in the company or a holder of 0.55% of company’s stock.