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Avid Bioservices, Inc. (CDMO)
12.49  0 (0%)  02-04 16:00
Open: 12.49
High: 12.49
Low: 12.49
Volume: 0
Market Cap: 799(M)
PE Ratio: -5.18
Exchange: NASDAQ Capital Market
Industry: Biotechnology
Sector: Healthcare
Technical analysis
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Resistance 2: 10.69
Resistance 1: 10.54
Pivot price: 10.49
Support 1: 10.31
Support 2: 8.58
52w High: 12.51
52w Low: 5.9
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Avid Bioservices, Inc. operates as a Contract Development and Manufacturing Organization (CDMO), specializing in the development and CGMP-compliant production of biopharmaceutical drug substances. Their core expertise lies in compounds derived from mammalian cell culture, providing both clinical and commercial scale manufacturing solutions. The company is proficient in producing critical therapeutics such as monoclonal antibodies and recombinant proteins. Beyond manufacturing, their comprehensive service portfolio encompasses CGMP manufacturing for drug substances, bulk packaging, rigorous release and stability testing, and essential regulatory submission and support. Additionally, Avid Bioservices offers a range of process development services, including the optimization of upstream and downstream processes, alongside the development, testing, and characterization of analytical methods. Avid Bioservices primarily serves clients within the biotechnology and biopharmaceutical industries. The company, which was originally incorporated in 1981, was known as Peregrine Pharmaceuticals, Inc. before officially rebranding to Avid Bioservices, Inc. in January 2018. Its corporate headquarters are situated in Tustin, California.

Financials
EPS 1.200
Book Value 11.680
PEG Ratio 0.00
Gross Profit 1.997
Profit Margin (%) 59.99
Operating Margin (%) 86.32
Return on Assets (ttm) 4.8
Return on Equity (ttm) 10.1
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