The stock of Avantor Inc (NYSE:AVTR) last traded at $15.50, down -2.33% from the previous session.
AVTR stock price is now -23.67% away from the 50-day moving average and -31.96% away from the 200-day moving average. The market capitalization of the company currently stands at $10.55B.
With the price target reduced from $29 to $25, UBS Downgraded its rating from Buy to Neutral for Avantor Inc (NYSE: AVTR). On August 28, 2024, Wells Fargo recently initiated its ‘Overweight’ rating on the stock quoting a target price of $30, while ‘Citigroup’ rates the stock as ‘Neutral’
In other news, Bramwell James, EVP Sales, Customer Excellence sold 3,758 shares of the company’s stock on Feb 26 ’25. The stock was sold for $65,878 at an average price of $17.53. Upon completion of the transaction, the EVP Sales, Customer Excellence now directly owns 87,379 shares in the company, valued at $1.35 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 27 ’25, EVP Sales, Customer Excellence Bramwell James sold 774 shares of the business’s stock. A total of $13,158 was realized by selling the stock at an average price of $17.00. This leaves the insider owning 86,605 shares of the company worth $1.34 million. A total of 2.54% of the company’s stock is owned by insiders.
During the past 12 months, Avantor Inc has had a low of $15.77 and a high of $28.00. As of last week, the company has a debt-to-equity ratio of 0.71, a current ratio of 1.07, and a quick ratio of 0.70.
The net profit margin was 10.49% and return on equity was 12.69% for AVTR. The company reported revenue of $1.69 billion for the quarter, compared to $1.72 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -2.1 percent.
