Why Adverum Biotechnologies, Inc. (ADVM)’s Stock Is Melting Up 4.26% Today
Today’s big question for investors is, “what’s going on with Adverum Biotechnologies, Inc. (NASDAQ:ADVM) stock? Its price is jumping 0.22 points, trading at $5.39 levels, and is up 4.26% from its previous close of $5.17. The shares seem to have an active trading volume day with a reported 588144 contracts so far this session. ADVM shares had a relatively better volume day versus average trading capacity of 1.95 million shares, but with a 58.17 million float and a -6.68% run over a week, it’s definitely worth keeping an eye on. The one year price forecast for ADVM stock indicates that the average analyst price target is $9 per share. This means the stock has a potential increase of 66.98% from where the ADVM share price has been trading recently which is between $4.96 and $5.25. There are ...