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Avid Bioservices, Inc. (CDMO): A Bull Case Theory

We came across a bullish thesis on Avid Bioservices, Inc. (CDMO) on Twitter by northeasternsvf. In this article, we will summarize the bulls’ thesis on CDMO. Avid Bioservices, Inc. (CDMO)'s share was trading at $12.20 as of Nov 13th. CDMO’s trailing and forward P/E were 9.41 and 88.50 respectively according to Yahoo Finance.

[caption id="attachment_1236050" align="aligncenter" width="768"] A scientist researching the innate and adaptive immune response in a biopharmaceutial laboratory.[/caption]

Avid Bioservices, Inc., a contract development and manufacturing organization...