Myovant Sciences Ltd (NYSE:MYOV) Downgraded by ValuEngine to Hold

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Myovant Sciences Ltd stock has undergone multiple analysts rating changes in the recent past.  Myovant Sciences Ltd Downgraded by ValuEngine on 10/1/2020. In a note to investors, the firm issued a new rating of Hold. The analysts previously had rating of Buy.

Shares of Myovant Sciences Ltd traded down -$1.60 on Thursday, reaching $14.05. 1512 shares of the stock traded hands, compared to its average volume of 1170647. Shares of Myovant Sciences Ltd were trading at $14.05 on Thursday. The firm’s 50 day moving average is $18.63 and its 200 day moving average is $14.60.Myovant Sciences Ltd has a 12 month low of $14.00 and a 12 month high of $23.04. While on yearly highs and lows, Myovant Sciences Ltd’s today has traded high as $16.40 and has touched $14.00 on the downward trend. See More Analyst Rating at: RATING

Myovant Sciences Ltd Earnings and What to expect: 

Myovant Sciences last issued its quarterly earnings data on August 11th, 2020. The reported ($0.37) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.68) by $0.31. The company earned $33.33 million during the quarter. Myovant Sciences has generated ($3.37) earnings per share over the last year. Myovant Sciences has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Tuesday, November 10th, 2020 based off prior year’s report dates.

Earnings for Myovant Sciences are expected to remain at ($2.82) per share in the coming year. The P/E ratio of Myovant Sciences is -4.93, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Myovant Sciences is -4.93, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Latest Insiders Trading and Volume : 

  • 3.90%
  • On 8/31/2020 Insider Frank Karbe Sell 24,800 at average share price of $20.02 which equates to $496,496.00 in money value.
  • On 8/31/2020 General Counsel Matthew Lang Sell 26,700 at average price of  $20.05 with total value of : $535,335.00
  • On 8/28/2020 Insider Ferreira Juan Camilo Arjona Sell 2,058 at average price of  $20.01 with total value of : $41,180.58

Other owners latest trading in Myovant Sciences Ltd :

  • On 9/15/2020 shares held by Two Sigma Advisers LP were 25,500 which equates to market value of $0.53M and appx 0.00% owners of Myovant Sciences Ltd
  • On 9/15/2020 shares held by Schonfeld Strategic Advisors LLC were 13,100 which equates to market value of $0.27M and appx 0.00% owners of Myovant Sciences Ltd
  • On 8/17/2020 shares held by Engineers Gate Manager LP were 18,560 which equates to market value of $0.38M and appx 0.00% owners of Myovant Sciences Ltd
  • In total Institutional ownership equates to Institutional Ownership Percentage: 35.63% for Myovant Sciences Ltd

Analyst at ValuEngine are also talking about :

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  • 10/1/2020 – New Home was downgraded by analysts at ValuEngine from a “sell” rating to a “strong sell” rating. (View)
  • 10/1/2020 – Mplx was downgraded by analysts at ValuEngine from a “sell” rating to a “strong sell” rating. (View)

Myovant Sciences Ltd (NYSE:MYOV) Moving Average Technical Analysis

5 day Moving Average is $18.20 And 5 day price change is -$7.77 (-35.61%)  with average volume for 5 day average is 4,144,740. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $20.35 and 20 day price change is -$6.33 (-31.06%) and average 20 day moving volume is 1,670,845. 50 day moving average is $18.63  and 50 day price change is -$3.07 ( -17.93%)  and with average volume for 50 days is : 1,132,796. 200 day moving average is $14.60  and 200 day price change is -$1.00 (-6.64%)  and with average volume for 200 days is : 1,075,993.

See More Analyst Rating at: RATING