Veren Inc. (NYSE: VRN): Retirees Don’t Worry About Volatility

Veren Inc. (NYSE:VRN) currently has a daily average trading volume of 4.15M but it saw 5443349 shares traded in last market. With a market cap of 3.79B USD, the company’s current market price of $6.14 came rising about 1.82 while comparing to the previous closing price of $6.03. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.28 and as low as $5.95. In the recent trading on the day, stock has struck highest price mark of $5.99 while lowest mark touched by it was $6.15.

Taking a look at 20-day trading activity of Veren Inc. (VRN) gives us an average price of $6.30, while its current price level is -33.83% below from 52-week high level whereas it is 3.19% 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 $6.58 while that of 200 days or SMA-200 reads an average of $7.44. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.50% during that period while stretching the period over a month that increases to 2.51%. 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 42.29 which implies that the stock is in neutral territory.

Over the week, VRN’s stock price is moving 0.49% up while it is -2.85% when we observe its performance for the past one month. Year-to-date it is -11.40% down and over the past year, the stock is showing a downside performance of -22.99%.

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 6.66 of forward P/E ratio. Stock’s beta reads 2.17. Stock has a price to book (P/B) ratio of 0.80 while price to sale or P/S ratio amounts to 1.34. Its return on asset (ROA) is 2.58% on average.