Frank McCormick - Avidity Biosciences Scientific Board

RNA Stock  USD 43.03  0.30  0.69%   

Insider

Frank McCormick is Scientific Board of Avidity Biosciences
Age 74
Address 10578 Science Center Drive, San Diego, CA, United States, 92121
Phone858 401 7900
Webhttps://www.aviditybiosciences.com

Avidity Biosciences Management Efficiency

The company has Return on Asset of (0.1833) % which means that on every $100 spent on assets, it lost $0.1833. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.2776) %, meaning that it generated no profit with money invested by stockholders. Avidity Biosciences' management efficiency ratios could be used to measure how well Avidity Biosciences manages its routine affairs as well as how well it operates its assets and liabilities. As of November 29, 2024, Return On Tangible Assets is expected to decline to -0.35. The current year's Return On Capital Employed is expected to grow to -0.41. At present, Avidity Biosciences' Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 7.7 M, whereas Other Assets are forecasted to decline to 0.95.
Avidity Biosciences has 9.85 M in debt with debt to equity (D/E) ratio of 0.03, which may show that the company is not taking advantage of profits from borrowing. Avidity Biosciences has a current ratio of 11.76, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Avidity to invest in growth at high rates of return.

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Avidity Biosciences, Inc., a biopharmaceutical company, engages in the development of oligonucleotide-based therapies. Avidity Biosciences, Inc. was incorporated in 2012 and is headquartered in San Diego, California. Avidity Biosciences operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 125 people. Avidity Biosciences (RNA) is traded on NASDAQ Exchange in USA. It is located in 10578 Science Center Drive, San Diego, CA, United States, 92121 and employs 253 people. Avidity Biosciences is listed under Biotechnology category by Fama And French industry classification.

Management Performance

Avidity Biosciences Leadership Team

Elected by the shareholders, the Avidity Biosciences' board of directors comprises two types of representatives: Avidity Biosciences inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Avidity. The board's role is to monitor Avidity Biosciences' management team and ensure that shareholders' interests are well served. Avidity Biosciences' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Avidity Biosciences' outside directors are responsible for providing unbiased perspectives on the board's policies.
Kathleen Gallagher, Sr Relations
Teresa McCarthy, Chief Officer
Eric Mosbrooker, Chief Officer
Sarah Boyce, CEO President
III JD, Consultant
Michael CPA, Chief Officer
Michael MacLean, Chief Officer
Prof Davis, Member Founder
Moriarty ESQ, Chief Secretary
Arthur Levin, Strategic Scientist
John III, General Property
Troy JD, CoFounder Chairman
Frank McCormick, Scientific Board
W Flanagan, Chief Officer
Michael Flanagan, Chief Officer
Geoffrey CFA, VP Communication

Avidity Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Avidity Biosciences a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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When determining whether Avidity Biosciences offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Avidity Biosciences' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Avidity Biosciences Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Avidity Biosciences Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Avidity Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Avidity Stock refer to our How to Trade Avidity Stock guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Avidity Biosciences. If investors know Avidity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Avidity Biosciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.88)
Revenue Per Share
0.103
Quarterly Revenue Growth
(0.17)
Return On Assets
(0.18)
Return On Equity
(0.28)
The market value of Avidity Biosciences is measured differently than its book value, which is the value of Avidity that is recorded on the company's balance sheet. Investors also form their own opinion of Avidity Biosciences' value that differs from its market value or its book value, called intrinsic value, which is Avidity Biosciences' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Avidity Biosciences' market value can be influenced by many factors that don't directly affect Avidity Biosciences' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Avidity Biosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Avidity Biosciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avidity Biosciences' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.