Recent developments with Viridian Therapeutics Inc. (VRDN) have led to the company’s beta value being reach 0.98 cents.

January 24, 2023, Viridian Therapeutics Inc. (NASDAQ: VRDN) trading session started at the price of $35.64, that was 4.12% jump from the session before. During the day, the shares moved up to $37.65 and dropped to $35.09 before settling in for the closing price of $35.64. A 52-week range for VRDN has been $9.47 – $38.03.

Top 5 Undervalued Stocks To Own In 2023

Microchip Maker Releases "World's Most Powerful Data Center CPU". It could allow the company who manufactures it to lead the industry as the global microchip shortage continues into the coming year. We've put together a free research report that explains all the details. Not only will you find out why analysts believe this chip manufacturer could lead the pack, you will also discover four more potential winners for the coming year.

Click here to download your Free Research Report…


It was noted that within the last five years, the titan of the Healthcare sector saw sales slided by -3.10%. When this article was written, the company’s average yearly earnings per share was at 78.60%. With a float of $38.46 million, this company’s outstanding shares have now reached $40.25 million.

The extent of productivity of a business whose workforce counts for 50 workers is very important to gauge. In terms of profitability, gross margin is +79.08, operating margin of -2690.79, and the pretax margin is -2680.16.

Viridian Therapeutics Inc. (VRDN) Insider and Institutional Ownership

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Viridian Therapeutics Inc. stocks. The insider ownership of Viridian Therapeutics Inc. is 1.41%, while institutional ownership is 95.00%. The most recent insider transaction that took place on Jan 17, was worth 924,780. In this transaction Chief Medical Officer of this company sold 24,853 shares at a rate of $37.21, taking the stock ownership to the 0 shares. Before that another transaction happened on Jan 13, when Company’s Chief Medical Officer sold 4,147 for $37.01, making the entire transaction worth $153,480. This insider now owns 0 shares in total.

Viridian Therapeutics Inc. (VRDN) Latest Financial update

Going through the last 3-months fiscal report unveiled on the 6/29/2022, it has been observed that the corporation posted -$1.06 earnings per share (EPS) during the time that was less than consensus figure (set at -$0.9) by -$0.16. This company achieved a net margin of -2680.16 while generating a return on equity of -51.61. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.94 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 78.60% per share during the next fiscal year.

Viridian Therapeutics Inc. (NASDAQ: VRDN) Trading Performance Indicators

You can see what Viridian Therapeutics Inc. (VRDN) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 17.30. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 782.24.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.21, a number that is poised to hit -0.73 in the next quarter and is forecasted to reach -3.53 in one year’s time.

Technical Analysis of Viridian Therapeutics Inc. (VRDN)

The latest stats from [Viridian Therapeutics Inc., VRDN] show that its last 5-days average volume of 0.58 million was inferior to 0.78 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 65.89%. Additionally, its Average True Range was 1.81.

During the past 100 days, Viridian Therapeutics Inc.’s (VRDN) raw stochastic average was set at 95.41%, which indicates a significant increase from 91.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 84.05% in the past 14 days, which was higher than the 58.34% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $28.07, while its 200-day Moving Average is $19.33. Now, the first resistance to watch is $38.14. This is followed by the second major resistance level at $39.18. The third major resistance level sits at $40.70. If the price goes on to break the first support level at $35.58, it is likely to go to the next support level at $34.06. The third support level lies at $33.02 if the price breaches the second support level.

Viridian Therapeutics Inc. (NASDAQ: VRDN) Key Stats

There are 28,464K outstanding shares of the company, which has a market capitalization of 1.49 billion. As of now, sales total 2,960 K while income totals -79,410 K. Its latest quarter income was 1,200 K while its last quarter net income were -28,910 K.


On What Basis Did Swvl Holdings Corp (SWVL) Stock Rise 47% Pre-Hours?

When last checked, Swvl Holdings Corp. (Nasdaq: SWVL), a...

What Drove Organovo (ONVO) Stock Up 15% In After-Hour Session On Tuesday?

Shares of Organovo Holdings Inc. (Nasdaq: ONVO) were up...

Is There Any Reason As To Why The Zai Lab (ZLAB) Stock Expanded By 13%?

The biopharmaceutical business Zai Lab Limited (NASDAQ: ZLAB), which...



Don't miss

Wearable Devices (WLDS) Stock Rose 12% On Tuesday, But On What Basis?

Wearable Devices Ltd (NASD: WLDS) is experiencing significant growth...

Did Anything Boost ObsEva (OBSV) Stock In Pre-Hours Trading?

Following an update, shares of ObsEva SA (NASD: OBSV)...

How Did The Kalera (KAL) Stock Rise 32% Pre-Hours?

At the time of the most recent check, shares...

Why Has Selina Hospitality (SLNA) Stock Increased In Extended Session On Friday?

The stock of Selina Hospitality PLC (NASD: SLNA), which...

Do You Know Why Evolv Technologies (EVLV) Stock Surged Nearly 10% Today?

Today's charts show Evolv Technologies Holdings Inc. (Nasdaq: EVLV)...

The key reasons why Inseego Corp. (INSG) is -75.44% away from 52-week high?

Inseego Corp. (NASDAQ: INSG) open the trading on February 02, 2023, with great promise as it jumped 5.93% to $1.25. During the day, the...

DocuSign Inc. (DOCU) latest performance of 7.67% is not what was on cards

Witnessing the stock’s movement on the chart, on February 02, 2023, DocuSign Inc. (NASDAQ: DOCU) set off with pace as it heaved 7.67% to...

Organogenesis Holdings Inc. (ORGO) recent quarterly performance of -12.80% is not showing the real picture

Organogenesis Holdings Inc. (NASDAQ: ORGO) established initial surge of 11.41% at $2.93, as the Stock market unbolted on February 02, 2023. During the day,...


Please enter your comment!
Please enter your name here