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Adverum Biotechnologies NasdaqCM:ADVM Stock Report

Last Price

US$7.90

Market Cap

US$163.1m

7D

-9.7%

1Y

-11.6%

Updated

22 May, 2024

Data

Company Financials +

Adverum Biotechnologies, Inc.

NasdaqCM:ADVM Stock Report

Market Cap: US$163.1m

Adverum Biotechnologies, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Adverum Biotechnologies
Historical stock prices
Current Share PriceUS$7.90
52 Week HighUS$29.70
52 Week LowUS$7.40
Beta0.88
1 Month Change-30.34%
3 Month Change-62.38%
1 Year Change-11.61%
3 Year Change-77.93%
5 Year Change-91.70%
Change since IPO-96.86%

Recent News & Updates

Recent updates

We're Keeping An Eye On Adverum Biotechnologies' (NASDAQ:ADVM) Cash Burn Rate

Feb 24
We're Keeping An Eye On Adverum Biotechnologies' (NASDAQ:ADVM) Cash Burn Rate

We Think Adverum Biotechnologies (NASDAQ:ADVM) Needs To Drive Business Growth Carefully

Sep 07
We Think Adverum Biotechnologies (NASDAQ:ADVM) Needs To Drive Business Growth Carefully

Adverum Biotechnologies GAAP EPS of -$0.44 misses by $0.10

Aug 11

Adverum gains 13% to reach three-month high after Truist upgrade

Jul 07

We Think Adverum Biotechnologies (NASDAQ:ADVM) Needs To Drive Business Growth Carefully

May 12
We Think Adverum Biotechnologies (NASDAQ:ADVM) Needs To Drive Business Growth Carefully

We're Not Very Worried About Adverum Biotechnologies' (NASDAQ:ADVM) Cash Burn Rate

Jul 17
We're Not Very Worried About Adverum Biotechnologies' (NASDAQ:ADVM) Cash Burn Rate

Adverum Biotechnologies: An Uncertain Path Forward

May 05

Adverum Bio presents long-term data from ADVM-022 trial in wet AMD

May 03

We're Not Very Worried About Adverum Biotechnologies' (NASDAQ:ADVM) Cash Burn Rate

Apr 06
We're Not Very Worried About Adverum Biotechnologies' (NASDAQ:ADVM) Cash Burn Rate

Don't Ignore The Fact That This Insider Just Sold Some Shares In Adverum Biotechnologies, Inc. (NASDAQ:ADVM)

Feb 13
Don't Ignore The Fact That This Insider Just Sold Some Shares In Adverum Biotechnologies, Inc. (NASDAQ:ADVM)

Adverum highlights preclinical long-term safety data on ADVM-022 IVT gene therapy

Feb 02

Trade Alert: The Independent Chairman Of Adverum Biotechnologies, Inc. (NASDAQ:ADVM), C. Machado, Has Just Spent US$115k Buying 15% More Shares

Jan 22
Trade Alert: The Independent Chairman Of Adverum Biotechnologies, Inc. (NASDAQ:ADVM), C. Machado, Has Just Spent US$115k Buying 15% More Shares

Adverum In Wet AMD And Diabetic Macular Edema: Playing In A Differentiated Market

Jan 11

Adverum Biotechnologies announces new GMP gene therapy manufacturing facility

Jan 07

How Much Are Adverum Biotechnologies, Inc. (NASDAQ:ADVM) Insiders Spending On Buying Shares?

Dec 31
How Much Are Adverum Biotechnologies, Inc. (NASDAQ:ADVM) Insiders Spending On Buying Shares?

Adverum ticks lower on underwhelming data from gene therapy in wet-AMD

Nov 16

Shareholder Returns

ADVMUS BiotechsUS Market
7D-9.7%0.7%1.2%
1Y-11.6%5.0%27.7%

Return vs Industry: ADVM underperformed the US Biotechs industry which returned 5% over the past year.

Return vs Market: ADVM underperformed the US Market which returned 27.7% over the past year.

Price Volatility

Is ADVM's price volatile compared to industry and market?
ADVM volatility
ADVM Average Weekly Movement7.4%
Biotechs Industry Average Movement11.2%
Market Average Movement5.9%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market2.8%

Stable Share Price: ADVM's share price has been volatile over the past 3 months.

Volatility Over Time: ADVM's weekly volatility has decreased from 15% to 7% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2006121Laurent Fischeradverum.com

Adverum Biotechnologies, Inc., a clinical-stage company, develops gene therapy product candidates to treat ocular diseases. Its lead product candidate is ixoberogene soroparvovec (ADVM-022), a single intravitreal injection gene therapy candidate used for the treatment of patients with wet age-related macular degeneration and diabetic macular edema which is in phase 2 clinical trials. The company is developing ADVM-062 (AAV.7m8-L-opsin), a novel gene therapy product candidate for the treatment of blue cone monochromacy via a single IVT injection.

Adverum Biotechnologies, Inc. Fundamentals Summary

How do Adverum Biotechnologies's earnings and revenue compare to its market cap?
ADVM fundamental statistics
Market capUS$163.15m
Earnings (TTM)-US$112.90m
Revenue (TTM)n/a

0.0x

P/S Ratio

-1.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ADVM income statement (TTM)
RevenueUS$0
Cost of RevenueUS$77.68m
Gross Profit-US$77.68m
Other ExpensesUS$35.22m
Earnings-US$112.90m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-5.44
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did ADVM perform over the long term?

See historical performance and comparison
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