Veren Inc (NYSE:VRN) currently has a daily average trading volume of 4.26M but it saw 17260381 shares traded in last market. With a market cap of 4.43B USD, the company’s current market price of $5.16 came falling about -14.43 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 $5.91. In the recent trading on the day, stock has struck highest price mark of $4.99 while lowest mark touched by it was $5.84.
Taking a look at 20-day trading activity of Veren Inc (VRN) gives us an average price of $6.18, while its current price level is -44.39% below from 52-week high level whereas it is -12.69% 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 $6.43 while that of 200 days or SMA-200 reads an average of $7.42. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.28% during that period while stretching the period over a month that decreases to 2.93%. 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 24.57 which implies that the stock is in oversold territory.
Over the week, VRN’s stock price is moving -15.96% down while it is -19.50% when we observe its performance for the past one month. Year-to-date it is -25.54% down and over the past year, the stock is showing a downside performance of -35.45%.
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 5.54 of forward P/E ratio. Stock’s beta reads 2.16. Stock has a price to book (P/B) ratio of 0.67 while price to sale or P/S ratio amounts to 1.56. Its return on asset (ROA) is 2.58% on average.
