Analysts Swing to Diverse Views for Adverum Biotechnologies, Inc. (ADVM), Intrexon Corporation (XON)

Shares of Adverum Biotechnologies, Inc. (NASDAQ:ADVM) opened at $7.15, and ended -3.47% lower at $6.95. Nearly 0.89 million shares were traded by the close, lower than its average daily volume of 1.42 million shares.

Adverum Biotechnologies, Inc. (ADVM) Analyst Opinion

Adverum Biotechnologies, Inc. has a consensus outperform rating from 4 Wall Street analysts, and the number of shares currently sold short amount to at least 3.75% of shares outstanding. The stock sank -6.08% last month and is up 98.57 this year. Wall Street is only getting more bullish on the stock, with 3 of analysts who cover ADVM having a buy-equivalent rating. Analysts have placed a $10 price target on Adverum Biotechnologies, Inc., suggesting a 43.88% gain from recent close. It’s currently trading about -19.09% below its 52-week high.

Adverum Biotechnologies, Inc. Earnings Surprise

Adverum Biotechnologies, Inc. (ADVM) revenue totaled $500000 up 8.7% from the previous quarter.

Adverum Biotechnologies, Inc. (NASDAQ:ADVM) Intraday View

This stock (ADVM) is ahead of its 52-week low with 189.58%. Its last month’s stock price volatility remained 10.47% which for the week stands at 10.16%. The share price has moved forward from its 20 days moving average, trading at a distance of 1.85% and stays 20.53% away from its 50 days moving average. Over the last five days, shares have managed 0.36% gains and now is up 90.2% since hitting its 200-day moving average of $4.14. Adverum Biotechnologies, Inc. (ADVM) has made its way to a 12-month gain of 152.73%.

Turning to Intrexon Corporation (NYSE:XON), its shares were trading at $15.86 a gain of $0.12, on the trading floor. The stock, after opening at $15.45, touched a high of $16.1 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2. Intrexon Corporation has 3 buy ratings, 2 holds and 0 sells even after the stock tumbled -41.24% from its high of $26.99 to a $1.61 billion market value through last close.

Intrexon Corporation (XON) Consensus Price Target

The company’s consensus rating on Reuter’s scale remained unchanged from 1.83 to 1.83 during a month. Analysts set a 12-month price target of $33.33 a share. The target implies a 110.15% spike from where the shares are currently trading. Also, the current price highlights a discount of 246.78% to analysts’ high consensus price target.

Intrexon Corporation (NYSE:XON) Intraday Trading

The counter witnessed a trading volume of 1.68 million shares versus an average volume of 1.85 million shares during last trading session. Its last month’s stock price volatility remained 10.03% which for the week approaches 7.1%. The lowest price the stock reached in the last trading day was $15.4496 and compares with the $10.26 52-week low. The stock recovered 54.66% since its low point and has performed 37.67% year-to-date.

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