Veren Inc. (NYSE:VRN) currently has a daily average trading volume of 2.52M but it saw 1413856 shares traded in last market. With a market cap of 4.47B USD, the company’s current market price of $7.23 came falling about -1.23 while comparing to the previous closing price of $7.32. 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. In the recent trading on the day, stock has struck highest price mark of $7.1686 while lowest mark touched by it was $7.28.
Taking a look at 20-day trading activity of Veren Inc. (VRN) gives us an average price of $7.17, while its current price level is -22.09% below from 52-week high level whereas it is 19.90% 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 $7.55 while that of 200 days or SMA-200 reads an average of $7.54. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.09% during that period while stretching the period over a month that increases to 3.06%. 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 45.53 which implies that the stock is in neutral territory.
Over the week, VRN’s stock price is moving -0.28% down while it is -3.21% when we observe its performance for the past one month. Year-to-date it is 4.33% up and over the past year, the stock is showing a downside performance of -9.10%.
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. The company is expected to be releasing its next quarterly report on 2024-Oct-31, for which analysts forecasted an EPS of 0.24 while estimate for next year EPS is 0.36. In next quarter, company is expected to be making quarterly sales of $767.42M as analysts are expecting the sales for current fiscal year at $3.32B and seeing the company making $3.27B in sales next year. Moreover, analysts are in estimates of $756.6M for current-quarter revenue.
Currently, Veren Inc.’s total number of outstanding shares is 619.93M with 0.64% of that held by the insiders while 52.15% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -0.30% and return on equity (ROE) at 4.41%. It has a 4.79 of forward P/E ratio. Stock’s beta reads 2.18. Stock has a price to book (P/B) ratio of 0.94 while price to sale or P/S ratio amounts to 1.58. Its return on asset (ROA) is 2.58% on average.
