Verint Systems, Inc (NASDAQ:VRNT) currently has a daily average trading volume of 880.01K but it saw 801233 shares traded in last market. With a market cap of 1.89B USD, the company’s current market price of $30.29 came falling about -0.62 while comparing to the previous closing price of $30.48. In past 52 weeks, the stock remained buoying in the range of price level as high as $38.17 and as low as $21.27. In the recent trading on the day, stock has struck highest price mark of $29.39 while lowest mark touched by it was $30.65.
Taking a look at 20-day trading activity of Verint Systems, Inc (VRNT) gives us an average price of $26.20, while its current price level is -20.64% below from 52-week high level whereas it is 42.37% 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 $24.31 while that of 200 days or SMA-200 reads an average of $29.47. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.72% during that period while stretching the period over a month that decreases to 4.28%. 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 68.72 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 -5.23% down while it is 21.50% when we observe its performance for the past one month. Year-to-date it is 12.06% up and over the past year, the stock is showing an upside performance of 11.85%.
Currently, Verint Systems, Inc’s total number of outstanding shares is 62.28M. Company’s return on investment (ROI) stands at 3.40% and return on equity (ROE) at 6.12%. It has a price to earnings ratio (P/E ratio) of 31.91 while having a 9.93 of forward P/E ratio. Stock’s beta reads 1.28. Stock has a price to book (P/B) ratio of 2.15 while price to sale or P/S ratio amounts to 2.05. Its return on asset (ROA) is 3.57% on average.
