Veren Inc (NYSE:VRN) currently has a daily average trading volume of 6.61M but it saw 9576867 shares traded in last market. With a market cap of 2.73B USD, the company’s current market price of $4.44 came falling about -1.11 while comparing to the previous closing price of $4.49. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.28 and as low as $4.47. In the recent trading on the day, stock has struck highest price mark of $4.43 while lowest mark touched by it was $4.6.
Taking a look at 20-day trading activity of Veren Inc (VRN) gives us an average price of $5.03, while its current price level is -52.15% below from 52-week high level whereas it is -0.67% 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 $5.43 while that of 200 days or SMA-200 reads an average of $7.15. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.66% during that period while stretching the period over a month that decreases to 2.83%. 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 23.48 which implies that the stock is in oversold territory.
Over the week, VRN’s stock price is moving -11.02% down while it is -15.43% when we observe its performance for the past one month. Year-to-date it is -35.93% down and over the past year, the stock is showing a downside performance of -36.12%.
Currently, Veren Inc’s total number of outstanding shares is 616.33M. Company’s return on investment (ROI) stands at 11.70% and return on equity (ROE) at 6.97%. It has a price to earnings ratio (P/E ratio) of 3.19 while having a 4.94 of forward P/E ratio. Stock’s beta reads 2.17. Stock has a price to book (P/B) ratio of 0.55 while price to sale or P/S ratio amounts to 0.97. Its return on asset (ROA) is 3.96% on average.
