AVH 4.48% $2.80 avita medical inc.

AVH on NASDAQ, page-309

  1. 6,525 Posts.
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    Dude, AVH's excuse is that "The reprioritization of hospital resources to support COVID-19 readiness meant that our April results were the lowest monthly revenue and procedural volumes seen this calendar year. " PNV no doubt would have had to deal with the same issue... yet ends the quarter with sales 33% higher than the previous quarter. AVH ends up with no QoQ growth.

    "If PNV was so impressive, why have they fallen from above $2.80 down to almost $2.20 in a month?"

    If you want to compare share price performance of AVH vs PNV from before the start of COVID through to now, let's take a look. Here is the year to date share price performance in a chart:
    Screenshot 2020-07-16 at 5.07.51 pm.png

    PNV is up 15.6% for the year while AVH is down 47.66%. So yeah, one business has certainly been doing a better job at selling products and attracting investors... all without the window dressing of a Nasdaq listing.

    Given you own both stocks, I would have thought this had been clear to you, but maybe the picture above will help.
    Last edited by Sojourner: 16/07/20
 
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Last
$2.80
Change
0.120(4.48%)
Mkt cap ! $193.9M
Open High Low Value Volume
$2.78 $2.86 $2.77 $457.2K 163.3K

Buyers (Bids)

No. Vol. Price($)
1 4531 $2.80
 

Sellers (Offers)

Price($) Vol. No.
$2.83 2500 1
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