In the last trading session, 1.3 million Avid Bioservices Inc (NASDAQ:CDMO) shares changed hands as the company’s beta touched 1.51. With the company’s per share price at $8.25 changed hands at $0.05 or 0.61% during last session, the market valuation stood at $523.71M. CDMO’s last price was a discount, traded about -128.61% off its 52-week high of $18.86. The share price had its 52-week low at $4.07, which suggests the last value was 50.67% up since then. When we look at Avid Bioservices Inc’s average trading volume, we note the 3-month average coming to 1.38 million.

Avid Bioservices Inc (NASDAQ:CDMO) trade information

Instantly CDMO was in green as seen at the end of in last trading. With action 12.24%, the performance over the past five days has been green. The jump to weekly highs of 8.45 added 0.61% to the stock’s daily price. The company’s shares are showing year-to-date upside of 26.92%, with the 5-day performance at 12.24% in the green. However, in the 30-day time frame, Avid Bioservices Inc (NASDAQ:CDMO) is 30.13% up.

Avid Bioservices Inc (CDMO) estimates and forecasts

Data shows that the Avid Bioservices Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 41.03% over the past 6 months, a -168.75% in annual growth rate that is considerably lower than the industry average of 13.00%.

The 2024 estimates are for Avid Bioservices Inc earnings to decrease by -3275.00%, but the outlook for the next 5-year period is at 15.00% per year.

CDMO Dividends

Avid Bioservices Inc is expected to release its next quarterly earnings report in June.