Investing In Revolution Medicines Inc (NASDAQ: RVMD) Stock. Performance & Trends

In the last trading session, 1.12 million Revolution Medicines Inc (NASDAQ:RVMD) shares changed hands as the company’s beta touched 1.50. With the company’s per share price at $35.54 changed hands at -$0.53 or -1.47% during last session, the market valuation stood at $5.85B. RVMD’s last price was a discount, traded about -8.98% off its 52-week high of $38.73. The share price had its 52-week low at $15.44, which suggests the last value was 56.56% up since then. When we look at Revolution Medicines Inc’s average trading volume, we note the 3-month average coming to 1.44 million.

Revolution Medicines Inc (NASDAQ:RVMD) trade information

Instantly RVMD was in red as seen at the end of in last trading. With action 11.38%, the performance over the past five days has been green. The drop to weekly highs of 38.73 subtracted -1.47% to the stock’s daily price. The company’s shares are showing year-to-date upside of 23.92%, with the 5-day performance at 11.38% in the green. However, in the 30-day time frame, Revolution Medicines Inc (NASDAQ:RVMD) is 11.13% up.

Revolution Medicines Inc (RVMD) estimates and forecasts

Data shows that the Revolution Medicines Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 46.86% over the past 6 months, a 17.88% in annual growth rate that is considerably higher than the industry average of 9.40%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -36.05%. The 2024 estimates are for Revolution Medicines Inc earnings to increase by 17.77%.