AVH 2.45% $2.51 avita medical inc.

Dude, AVH's excuse is that "The reprioritization of hospital...

  1. 6,502 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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$2.51
Change
0.060(2.45%)
Mkt cap ! $166.4M
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$2.48 $2.52 $2.46 $323.3K 129.7K

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Price($) Vol. No.
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