Avidity Biosciences, Inc.

Avidity Biosciences, Inc.verified

RNA

Price:

$41.89

Market Cap:

$4.91B

Avidity Biosciences, Inc., a biopharmaceutical company, engages in the development of oligonucleotide-based therapies. It develops antibody oligonucleotide conjugates (AOC) that are designed to treat a range of serious diseases. The company's lead product candidate AOC 1001 is used for the treatment of myotonic dystrophy type 1, a rare monogenic muscle disease; AOC 1044 for the treatment of Duchenne Muscular Dystrophy; and AOC 1020 designed to treat facioscapulohumeral muscular dystrophy which are in preclinical stage. It also offers Lumizyme therapy for Pompe diseases. Avidity Biosciences, Inc. was incorporated in 2012 and is headquartered in San Diego, California.[Read more]

Industry

Biotechnology

IPO Date

2020-06-12

Stock Exchange

NASDAQ

Ticker

RNA

The ROE as of September 2024 (TTM) for Avidity Biosciences, Inc. (RNA) is -32.89%

According to Avidity Biosciences, Inc.’s latest financial reports and current stock price. The company's current ROE is -32.89%. This represents a change of 262.70% compared to the average of -9.07% of the last 4 quarters.

Avidity Biosciences, Inc. (RNA) Historical ROE (quarterly & annually)

How has RNA ROE performed in the past?

The mean historical ROE of Avidity Biosciences, Inc. over the last ten years is -6.43%. The current -32.89% ROE has changed 411.28% with respect to the historical average. Over the past ten years (40 quarters), RNA's ROE was at its highest in in the March 2019 quarter at 30.22%. The ROE was at its lowest in in the June 2022 quarter at -12.21%.

Quarterly (TTM)
Annual

Average

-6.43%

Median

-21.81%

Minimum

-42.38%

Maximum

49.15%

Avidity Biosciences, Inc. (RNA) ROE by Quarter and Year

Discovering the peaks and valleys of Avidity Biosciences, Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 114.24%

Maximum Annual ROE = 49.15%

Minimum Annual Increase = -129.22%

Minimum Annual ROE = -42.38%

Quarterly (TTM)
Annual
YearROEChange
2023-42.38%44.89%
2022-29.25%-4.95%
2021-30.77%114.24%
2020-14.36%-129.22%
201949.15%69.38%

Avidity Biosciences, Inc. (RNA) Average ROE

How has RNA ROE performed in the past?

The current ROE of Avidity Biosciences, Inc. (RNA) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-34.13%

5-year avg

-13.52%

10-year avg

-6.43%

Avidity Biosciences, Inc. (RNA) ROE vs. Peers

How is RNA’s ROE compared to its peers?

Avidity Biosciences, Inc.’s ROE is greater than TCR2 Therapeutics Inc. (-89.51%), greater than Revolution Medicines, Inc. (-34.57%), greater than Black Diamond Therapeutics, Inc. (-69.08%), greater than Atreca, Inc. (-195.22%), greater than Passage Bio, Inc. (-70.73%), greater than Akero Therapeutics, Inc. (-29.56%), less than Protagonist Therapeutics, Inc. (85.47%), greater than Stoke Therapeutics, Inc. (-57.89%), greater than IGM Biosciences, Inc. (-119.02%), greater than Cerevel Therapeutics Holdings, Inc. (-98.94%), greater than Cullinan Oncology, Inc. (-28.37%), greater than Mineralys Therapeutics, Inc. (-42.61%), greater than Day One Biopharmaceuticals, Inc. (-122.70%), greater than SpringWorks Therapeutics, Inc. (-56.13%), greater than Relay Therapeutics, Inc. (-43.66%), greater than Pliant Therapeutics, Inc. (-41.05%), greater than Arvinas, Inc. (-55.59%),

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