Back to top

Image: Bigstock

Adverum Biotechnologies (ADVM) Jumps: Stock Rises 7.9%

Read MoreHide Full Article

Adverum Biotechnologies, Inc. (ADVM - Free Report) was a big mover last session, as the company saw its shares nearly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company for the company—as the stock is now up 106.9% in the past one-month time frame.

The company has seen a mixed track record when it comes to estimate revisions of no increase and decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Adverum Biotechnologies currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Another player in the Medical sector is BIOVERATIV INC , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is ADVM going up? Or down? Predict to see what others think: Up or Down.

Don’t Even Think About Buying Bitcoin Until You Read This  

The most popular cryptocurrency skyrocketed last year, giving some investors the chance to bank 20X returns or even more. Those gains, however, came with serious volatility and risk. Bitcoin sank 25% or more 3 times in 2017.

Zacks’ has just released a new Special Report to help readers capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly.

See 4 crypto-related stocks now >>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Adverum Biotechnologies, Inc. (ADVM) - free report >>

Published in