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Is Avid Bioservices Inc (CDMO) a Winner in the Biotechnology Industry?

Wednesday, August 12, 2020 02:36 PM | InvestorsObserver Analysts

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Is Avid Bioservices Inc (CDMO) a Winner in the Biotechnology Industry?

Avid Bioservices Inc (CDMO) is near the top in its industry group according to InvestorsObserver. CDMO gets an overall rating of 68. That means it scores higher than 68 percent of stocks. Avid Bioservices Inc gets a 80 rank in the Biotechnology industry. Biotechnology is number 16 out of 148 industries.

Overall Score - 68
CDMO has an Overall Score of 68. Find out what this means to you and get the rest of the rankings on CDMO!

What do These Ratings Mean?

Searching for the best stocks to invest in can be difficult. There are thousands of options and it can be confusing on what actually constitutes a great value. Investors Observer allows you to choose from eight unique metrics to view the top industries and the best performing stocks in that industry. A score of 68 would rank higher than 68 percent of all stocks.

These scores are not only easy to understand, but it is easy to compare stocks to each other. You can find the best stock in an industry, or look for the sector that has the highest average score. The overall score is a combination of technical and fundamental factors that serves as a good starting point when analyzing a stock. Traders and investors with different goals may have different goals and will want to consider other factors than just the headline number before making any investment decisions.

What's Happening With Avid Bioservices Inc Stock Today?

Avid Bioservices Inc (CDMO) stock is trading at $8.05 as of 2:32 PM on Wednesday, Aug 12, a gain of $0.35, or 4.55% from the previous closing price of $7.70. The stock has traded between $7.72 and $8.37 so far today. Volume today is 390,347 compared to average volume of 464,260.

To screen for more stocks like CDMO click here.

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