Veren Inc. (NYSE:VRN) currently has a daily average trading volume of 2.86M but it saw 5954137 shares traded in last market. With a market cap of 4.55B USD, the company’s current market price of $7.37 came falling about -5.51 while comparing to the previous closing price of $7.80. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.28 and as low as $6.03.
Taking a look at 20-day trading activity of Veren Inc. (VRN) gives us an average price of $7.76, while its current price level is -20.58% below from 52-week high level whereas it is 22.22% 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 $7.91 while that of 200 days or SMA-200 reads an average of $7.62. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.43% during that period while stretching the period over a month that decreases to 3.03%. 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 39.54 which implies that the stock is in neutral territory.
Over the week, VRN’s stock price is moving -0.41% down while it is -9.01% when we observe its performance for the past one month. Year-to-date it is 6.35% up and over the past year, the stock is showing a downside performance of -8.87%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -1.13 beaten by the consensus estimate of 0.35 for the same. In next quarter, company is expected to be making quarterly sales of $745.2M as analysts are expecting the sales for current fiscal year at $3.1B and seeing the company making $3.15B in sales next year. Moreover, analysts are in estimates of $730.68M for current-quarter revenue.
Currently, Veren Inc.’s total number of outstanding shares is 619.93M. Company’s return on investment (ROI) stands at -0.30% and return on equity (ROE) at 4.41%. It has a 4.24 of forward P/E ratio. Stock’s beta reads 2.19. Stock has a price to book (P/B) ratio of 0.95 while price to sale or P/S ratio amounts to 1.61. Its return on asset (ROA) is 2.58% on average.
