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AVITA Medical, Inc is currently in a long term downtrend where the price is trading 9.9% below its 200 day moving average.
From a valuation standpoint, the stock is 98.1% cheaper than other stocks from the Healthcare sector with a price to sales ratio of 25.0.
AVITA Medical, Inc's total revenue rose by 44.6% to $5M since the same quarter in the previous year.
Its net income has increased by 49.3% to $-6M since the same quarter in the previous year.
Finally, its free cash flow grew by 12.6% to $-6M since the same quarter in the previous year.
Based on the above factors, AVITA Medical, Inc gets an overall score of 4/5.
Industry | Medical Devices |
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ISIN | US05380C1027 |
Sector | Healthcare |
Exchange | NASDAQ |
CurrencyCode | USD |
Beta | 1.6 |
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Market Cap | 244M |
PE Ratio | None |
Target Price | 18.0439 |
Dividend Yield | None |
AVITA Medical, Inc., together with its subsidiaries, operates as a therapeutic acute wound care company in the United States, Japan, the European Union, Australia, and the United Kingdom. The company's lead product is the RECELL System, a cell harvesting device used for the treatment of thermal burn wounds and full-thickness skin defects, as well as for repigmentation of stable depigmented vitiligo lesions. It also provides RECALL autologous cell harvesting device, which can treat areas of up to 1,920 cm2; RECELL autologous cell harvesting device with ease-of-use, an enhanced ease-of-use device that can treat areas of up to 1,920 cm²; and RECELL GO mini autologous cell harvesting device, a line extension of the RECELL GO system to treat smaller wounds up to 480 cm2, as well as RECELL GO autologous cell harvesting device consisting of RECELL GO processing device, which controls and manages the pressure applied to disaggregate the donor skin cells and controls the incubation time of the RECELL Enzyme to optimize cell yield and promote cell viability; and RECELL GO preparation kit, which can treat areas up to 1,920 cm2. In addition, the company markets, sells, and distributes PermeaDerm, a biosynthetic wound matrix; and Cohealyx, a collagen-based dermal matrix. It serves hospitals, treatment centers, and distributors. The company was formerly known as AVITA Therapeutics, Inc. and changed its name to AVITA Medical, Inc. in December 2020. AVITA Medical, Inc. is headquartered in Valencia, California.
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