As of Wednesday close, Avantor Inc.’s (NYSE:AVTR) stock was up $0.46, moving up 2.18 percent to $21.53. The average number of shares traded per day over the past five days has been 6,325,920 shares. 3 times new highs have been achieved over the past 5 days, with a $1.00 gain in that time frame. In the last twenty days, the average volume was 7,266,890, while in the previous 50 days, it was 7,058,774.
Since last month, AVTR stock rose 4.87%. Shares of the company fell to $17.91 on 10/28/22, the lowest level in the past month. A 52-week high of $42.48 was reached on 01/03/22 after having rallying from a 52-week low of $17.91. Since the beginning of this year, AVTR’s stock price has dropped by -48.91% or -$20.61, and marked a new high 1 time. However, the stock has declined by -49.32% since its 52-week high.
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AVTR stock investors should be aware that Avantor Inc. (AVTR) stock had its last reported insider trading activity 9 days ago on Nov 16. Stubblefield Michael, the CEO of the company, purchased of 15,000 shares for $20.95 on Nov 16. It resulted in a $314,250 investment by the insider. Szlosek Thomas A added 12,500 shares at an average price of $20.71 on Nov 16. The insider now owns 35,668 shares following the transaction. On May 23, EVP, Americas & Europe Vanderhaegen Frederic sold 39,000 shares at $31.61 apiece. The transaction was valued at $1,232,790.
Right now, Avantor Inc. (AVTR) has a P/E ratio of about 24.16. The stock’s beta is 1.37. Besides these, the trailing price-to-sales (P/S) ratio of 1.84, the price-to-book (PB) ratio of 3.16, and the price-to-cash flow ratio of 17.58 may also be considered.
In the three months ended September 29, Avantor Inc.’s quick ratio stood at 1.10, while its current ratio was 1.60, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending September 29 was 1.29, and the total debt-to-equity ratio was 1.35. On the profitability front, the trailing twelve-month gross margin is 34.60% percent. In the year ended September 29, operating margins totaled 14.10%. Based on annual data, AVTR earned $2.5 billion in gross profit and brought in $7.39 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 7.60%. Return on equity (ROE) for the past 12 months was 15.30%.
In Avantor Inc.’s quarter-end financial report for September 29, it reported total debt of $5.91 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. AVTR’s revenue rose 1.2% to $1.91 billion during the quarter, while net income inched up to $1.86 billion. While analysts expected Avantor Inc. to report $0.33 quarterly earnings, the actual figure was $0.34 per share, beating the consensus estimate by 3.00%. During the quarter, the company generated $380.0 million in EBITDA. The liabilities of Avantor Inc. were 8.52 billion at the end of its most recent quarter ended September 29, and its total debt was $6.19 billion. The value of shareholders’ equity is $674.2 million.
This quick technical analysis looks at Avantor Inc.’s (AVTR) price momentum. With a historical volatility rate of 55.22%, the RSI 9-day stood at 61.26% on 23 November.
With respect to its five-day moving average, the current Avantor Inc. price is up by +4.87% percent or $1.00. At present, AVTR shares trade +3.71% above its 20-day simple moving average and -31.65% percent below its 100-day simple moving average. However, the stock is currently trading approximately -8.23% below its SMA50 and -41.61% below its SMA200.
Stochastic coefficient K was 73.63% and Stochastic coefficient D was 66.67%, while ATR was 0.76. Given the Stochastic reading of 85.27% for the 14-day period, the RSI (14) reading has been calculated as 56.85%. As of today, the MACD Oscillator reading stands at 0.13, while the 14-day reading stands at 0.42.
Citigroup upgraded its rating on Avantor Inc. (NYSE: AVTR) to a Buy in a note to investors on October 05, 2022. The analysts firm previously had a Neutral rating on the stock.Avantor Inc. (AVTR) has been rated Overweight by analysts. According to 0 brokerage firms, AVTR is a sell, and 3 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 4 analysts rate Avantor Inc. stock as buy, with 12 recommending it as overweight.
With a median target price of $27.00, the current consensus forecast for the stock is $23.00 – $33.00. Based on these forecasts, analysts predict Avantor Inc. (AVTR) will achieve an average price target of $27.00.