Avalanche Biotechnologies Inc. (AAVL) is Trading Lower on Unusual Volume for February 03

Equities Staff |

Avalanche Biotechnologies Inc. (AAVL) experienced unusually high volume on Feb. 03, as the stock lost 2.8% to a closing price of $4.68. The stock saw 512,658 shares trade hands over the course of the day on 4,520 trades. Given that the stock’s average daily volume over the last month has been 331,317 shares a day, this represents a pretty substantial spike over the norm.

Avalanche Biotechnologies Inc. has a P/B ratio of 0.46. The stock has traded between $45.18 and $4.75 over the last 52-weeks, its 50-day SMA is now $8.14, and its 200-day SMA $15.82.

Avalanche Biotechnologies Inc is a clinical-stage biotechnology company focused on discovering and developing novel gene therapies to transform the lives of patients with sight-threatening ophthalmic diseases.

Headquartered in Menlo Park, CA, Avalanche Biotechnologies Inc. has 73 employees and is currently under the leadership of CEO Paul B. Cleveland.

For a complete fundamental analysis analysis of Avalanche Biotechnologies Inc., check out Equities.com’s Stock Valuation Analysis report for AAVL. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.


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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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