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1 Comment
AVITA Medical, Inc is currently in a long term downtrend where the price is trading 5.3% below its 200 day moving average.
From a valuation standpoint, the stock is 90.6% cheaper than other stocks from the Healthcare sector with a price to sales ratio of 24.2.
AVITA Medical, Inc's total revenue sank by 48.9% to $5M since the same quarter in the previous year.
Its net income has increased by 73.1% to $-6M since the same quarter in the previous year.
Finally, its free cash flow grew by 57.2% to $-6M since the same quarter in the previous year.
Based on the above factors, AVITA Medical, Inc gets an overall score of 3/5.
Industry | Medical Devices |
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Sector | Healthcare |
ISIN | AU000000AVH4 |
CurrencyCode | AUD |
Exchange | AU |
Market Cap | 600M |
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PE Ratio | 0.0 |
Beta | 0.97 |
Dividend Yield | 0.0% |
Target Price | 4.36 |
AVITA Medical, Inc. operates as a regenerative medicine company in the United States, Australia, Japan, and the United Kingdom. It offers regenerative products to address unmet medical needs in burn injuries, trauma injuries, chronic wounds, and dermatological and aesthetics indications, including vitiligo. The company's patented and proprietary platform technology provides treatment solutions derived from the regenerative properties of a patient's skin. Its lead product is RECELL System, a platform technology allows for the preparation and delivery of spray-on skin cells to regenerate natural healthy epidermis, as well as to use in the treatment of acute thermal burns in patients eighteen years and older. AVITA Medical, Inc. has a research agreement with the University of Colorado School of Medicine to establish pre-clinical proof-of-concept for a spray-on treatment of genetically corrected cells; and with Houston Methodist Research Institute to explore molecular reversal of cellular aging through a novel cell suspension delivery system. The company was formerly known as AVITA Therapeutics, Inc. AVITA Medical, Inc. was incorporated in 2020 and is headquartered in Valencia, California.
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