Verint Systems, Inc. (NASDAQ:VRNT) currently has a daily average trading volume of 734.67K but it saw 786080 shares traded in last market. With a market cap of 2.23B USD, the company’s current market price of $36.14 came rising about 1.72 while comparing to the previous closing price of $35.53. In past 52 weeks, the stock remained buoying in the range of price level as high as $38.17 and as low as $18.41.
Taking a look at 20-day trading activity of Verint Systems, Inc. (VRNT) gives us an average price of $33.30, while its current price level is -5.32% below from 52-week high level whereas it is 96.31% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $33.12 while that of 200 days or SMA-200 reads an average of $29.15. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.75% during that period while stretching the period over a month that decreases to 3.24%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 65.09 which implies that the stock is in neutral territory.
Evercore ISI downgraded its recommendation for the stock as a “In-line” from “Outperform” on September 07, 2023 while assigning a price target range of $50-$28. Jefferies also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $45 and $40.
Over the week, VRNT’s stock price is moving 6.70% up while it is 10.79% when we observe its performance for the past one month. Year-to-date it is 33.70% up and over the past year, the stock is showing a downside performance of -3.29%.
Currently, Verint Systems, Inc.’s total number of outstanding shares is 62.74M. Company’s return on investment (ROI) stands at 1.76% and return on equity (ROE) at 4.03%. It has a price to earnings ratio (P/E ratio) of 76.29 while having a 11.45 of forward P/E ratio. Stock’s beta reads 1.26. Stock has a price to book (P/B) ratio of 2.74 while price to sale or P/S ratio amounts to 2.44. Its return on asset (ROA) is 2.28% on average.
