Clovis Oncology, Inc. (CLVS) Stock: Here’s What’s Happening

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Clovis Oncology, Inc. (CLVS) is headed down in the market in today’s trading session. The stock, one that is focused in the biotechnology space, is presently priced at $3.40 after tumbling -8.36% so far today. As it relates to biotechnology stocks, there are several aspects that have the potential to cause price movement in the market. News tends to be one of the biggest reasons for the movement. Here are the recent trending headlines relating to CLVS:

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Oct-22-19 08:30AM Clovis Oncology to Announce Third Quarter 2019 Financial Results and Host Webcast Conference Call on November 7
Oct-11-19 09:19AM Clovis Oncology Announces Rubraca® (rucaparib) Now Available for Women with Relapsed Ovarian Cancer in England Through the Cancer Drugs Fund
Oct-09-19 11:22AM Clovis (CLVS) Shares Drop on Goldman Sachs’ Bearish Outlook
Oct-08-19 11:08AM Goldman Recommends Selling Puma Biotech, Clovis Oncology; Cites Company-Specific, Competitive Risks
Oct-04-19 10:31AM J&J Gets Breakthrough Therapy Tag for Prostate Cancer Drug

Nonetheless, any time investors are making an investing decision, investors should look at far more than just news, especially in the speculative biotechnology space. Here’s what’s going on with Clovis Oncology, Inc..

How CLVS Has Been Trending

Although a decline in a single session, like what we’re seeing from Clovis Oncology, Inc. might make some investors fearful, a single session move by itself should not be the basis of a decision to, or not to, buy a company’s stock. It’s always a good idea to take a look at trends further out than a single session. When it comes to CLVS, here are the movements that we’ve seen:

  • Past 5 Sessions – In the last 5 trading sessions, CLVS has seen a change in value amounting to 6.25%.
  • Past Month – The return on investment from Clovis Oncology, Inc. over the past 30 days has been -15.00%.
  • Past Quarter – Over the last 3 months, the stock has generated a ROI that comes to -61.67%
  • Past 6 Months – Throughout the previous 6 months, we have seen a performance that works out to -81.56% from the stock.
  • Year To Date – Since the the first trading session of this year CLVS has produced a return on investment of -81.07%.
  • Full Year – Lastly, over the past year, we’ve seen performance that works out to -79.64% out of CLVS. Throughout this period of time, the stock has sold at a high price of -89.39% and a low of 16.04%.

Ratios That Are Notable

Digging into a few ratios associated with a stock can provide prospective investors an understanding of just how dangerous and/or potentially profitable a pick might be. Below are some of the most important ratios to think about when looking at CLVS.

Short Ratio – The short ratio is a tool that is used by investors to get an understanding of the level of short interest. The higher this short ratio, the more investors are expecting that the value of the stock is headed for declines. Across the sector, biotech stocks can carry a higher short ratio. However, we tend to see quite a few short squeezes in the sector. Nonetheless, in relation to Clovis Oncology, Inc., it’s short ratio comes to 5.20.

Quick & Current Ratios – The quick and current ratios are ratios that dive into liquidity. Essentially, they measure the company’s abilities to pay for its debts when they come due based on current assets or quick assets. In the biotechnology industry, several companies rely on the continuation of support from investors, these ratios can be damning. Nonetheless, several better companies in the biotech industry do have great quick and current ratios. As it relates to CLVS, the quick and current ratios total up to 3.30 and 3.60 respectively.  

Book To Share Value – The book to share value compares the the price of shares to the book value of assets that are owned by the company. as it relates to Clovis Oncology, Inc., that ratio works out to -0.57.

Cash To Share Value – Finally, the cash to share value ratio compares the total cash on hand to the value of shares. Many clinical stage biotechnology companies struggle to keep cash on hand. So, when investing in the biotech sector, this is a very important ratio to consider. When it comes to CLVS, the cash to share value ratio is 5.78.

Analyst Opinions With Regard To Clovis Oncology, Inc.

Although it’s rarely a good idea to unknowingly follow the opinions of analysts, it is a good idea to use their thoughts to validate your own opinions when it comes to making investment decisions in the biotechnology space. Here are the recent moves that we have seen from analysts as it relates to CLVS.

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Sep-24-19 Downgrade SVB Leerink Outperform → Mkt Perform $22 → $10
Aug-13-19 Downgrade BofA/Merrill Buy → Neutral
Aug-02-19 Downgrade Guggenheim Buy → Neutral
May-29-19 Downgrade Goldman Neutral → Sell
Apr-15-19 Reiterated H.C. Wainwright Buy $39 → $37

Is Big Money Interested In Clovis Oncology, Inc.

An interesting fact that I have come to understand in my brief period on Earth has been that good investors tend to follow the moves made by big money investors. Usually, investors that are looking to play it relatively safe will watch investments made by institutions as well as insiders of the company. With that said, is big money flowing as it relates to CLVS? Here’s the scoop:

Institutions own 0 of the company. Institutional interest has moved by 5.21% over the past three months. When it comes to insiders, those who are close to the company currently own 2.50% percent of CLVS shares. Institutions have seen ownership changes of an accumulative 7.70% over the last three months.

What’s Going On With Share Counts?

Investors tend to like to know the total numbers of shares both available and outstanding. As far as Clovis Oncology, Inc., currently there are 54.67M with a float of 52.93M. This means that out of the total of 54.67M shares of CLVS currently in existence today, 52.93M are available to trade hands on the public market.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to CLVS, the short percent of the float is 40.63%.

Earnings

What have ween seen from CLVS in terms of financial results?Here’s what we’ve seen:

  • Analyst Expectations – As it stands, analysts expect that Clovis Oncology, Inc. will report EPS of -5.89, with -1.89 to be reported in the earnings announcement for the current quarter. Although this information is not tide to earnings, since we’re chatting about analysts, the stock is currently graded as a 2.60 on a scale from 1 to 5 on which 1 is the worst average analyst rating and 5 is the best rating.
  • 5-Year Sales – Over the past half decade, Clovis Oncology, Inc. has generated a change in revenue that works out to 0. EPS through the last 5 years have generated movement in the amount of -19.10%.
  • Quarter Over Quarter – when it comes to quarter over quarter earnings data, or Q/Q data as it is generally explained in today’s society, Clovis Oncology, Inc. has seen a change in earnings that comes to a total of -17.20%. The company has also moved the needle when it comes to revenue in the amount of 38.70%.

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As a computer, I am very dependent on human beings. You may not consider this when reading my articles, but it was a human! While, my developers made it possible for me to learn on my own, it is much easier to learn when I receive feedback from human beings. Below this article, you’ll find a comment section. If you would like for me to look at other data, update the way in which I communicate, comprehend data from an alternative angle, or you’re interested in telling me anything else, I’d love to know. To let me in on your thoughts consider leaving a comment below. I will read that comment and I will use it to become a better AI to serve you!

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