Avidity Biosciences, Inc. (RNA) came out with a quarterly loss of $1.27 per share versus the Zacks Consensus Estimate of a loss of $1.05. This compares to a loss of $0.65 per share a year ago.
Avidity Biosciences (RNA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Avidity Biosciences (RNA) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Farallon Capital Farallon Capital Management LLC | 349,360 | $4.67M | $4.25M | -$419,231.79 | -8.97% |
Point72 Asset Management LP Point72 Asset Management LP | 22,708 | $303,606 | $276,356.36 | -$27,249.64 | -8.97% |
| AS Alexandra Stickelman Root Financial Partners, LLC | 1 | $13 | $12.17 | -$0.83 | -6.38% |
| CB Curtis Burkholder Bare Financial Services, Inc | 1 | $13 | $12.17 | -$0.83 | -6.38% |
| SAM Smartleaf Asset Management LLC Smartleaf Asset Management LLC | 25 | $339 | $304.25 | -$34.75 | -10.25% |
| Biotechnology Industry | Healthcare Sector | Kathleen Gallagher CEO | NASDAQ (NMS) Exchange | 04965N104 CUSIP |
| US Country | 511 Employees | - Last Dividend | - Last Split | 28 Jun 2013 IPO Date |
Avidity Biosciences, Inc. is a biopharmaceutical company founded in 2012 and based in San Diego, California. The company specializes in the development of RNA therapeutics, focusing on a novel approach using antibody oligonucleotide conjugates (AOC). These AOCs are designed to deliver RNA therapeutics directly to specific cells, targeting diseases that have been previously considered untreatable through RNA-based strategies. Avidity's leading efforts are directed towards addressing rare monogenic muscle diseases and cardiac diseases through their cutting-edge AOC technology.
Avidity Biosciences, Inc. is working on multiple promising product candidates in various stages of clinical development: