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Investors need to see the forecast for AVEO Pharmaceuticals (AVEO)

What’s up with AVEO Pharmaceuticals?

AVEO Pharmaceuticals (AVEO) opened at $8.14, which means the stock is down 7.40% from yesterday’s closing price of 8.14. Today, the company has a high of $8.39 and a low of $7.30. The company has a market cap of $119.64 million with a 52-week high of $11.20 and a 52-week low of $2.23.

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What about the future for AVEO Pharmaceuticals?

The high forecast for AVEO Pharmaceuticals is 18.50 while the low is 10.00. Stock forecasts are based on human experience: Human traders based on their experience in terms of stock price patterns, volume changes, and market news/rumors regarding a particular stock. AVEO Pharmaceuticals has a strong forecast. A strong forecast is a result of strong earning reports as investors are willing to pay a higher share price today because of growth expectations in the future.. Based on this information AVEO seems to be a safe buy.

About AVEO Pharmaceuticals

AVEO Pharmaceuticals, Inc. is a biopharmaceutical company, which engages in the advancement of therapeutics for oncology, and other areas of unmet medical need. Its product candidates include Tivozanib, Ficlatuzmab, AV-203, AV-380 and AV-353. The company was founded by Ronald A. DePinho, Lynda Chin, and Kenneth E. Weg on October 19, 2001 and is headquartered in Cambridge, MA.

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