Viridian Therapeutics Inc (NASDAQ: VRDN) on Friday, plunged -3.69% from the previous trading day, before settling in for the closing price of $15.16. Within the past 52 weeks, VRDN’s price has moved between $10.93 and $30.30.
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During the last 5-year period, the sales drop of Healthcare Sector giant was -12.71%. The company achieved an average annual earnings per share of 15.57%. With a float of $55.85 million, this company’s outstanding shares have now reached $62.77 million.
Let’s determine the extent of company efficiency that accounts for 96 employees.
Viridian Therapeutics Inc (VRDN) Breakdown of a Key Holders of the stock
Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of Viridian Therapeutics Inc is 11.02%, while institutional ownership is 90.30%. The most recent insider transaction that took place on Jan 22 ’24, was worth 9,999,990. In this transaction Director of this company bought 476,190 shares at a rate of $21.00, taking the stock ownership to the 1,839,954 shares. Before that another transaction happened on Jun 16 ’23, when Company’s Chief Legal Officer sold 27 for $28.35, making the entire transaction worth $765. This insider now owns 29,971 shares in total.
Viridian Therapeutics Inc (VRDN) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 29.66 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 15.57% per share during the next fiscal year.
Viridian Therapeutics Inc (NASDAQ: VRDN) Trading Performance Indicators
Viridian Therapeutics Inc (VRDN) is currently performing well based on its current performance indicators. A quick ratio of 18.26 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2956.26.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -5.32, a number that is poised to hit -1.09 in the next quarter and is forecasted to reach -4.53 in one year’s time.
Technical Analysis of Viridian Therapeutics Inc (VRDN)
Looking closely at Viridian Therapeutics Inc (NASDAQ: VRDN), its last 5-days average volume was 0.86 million, which is a drop from its year-to-date volume of 0.94 million. As of the previous 9 days, the stock’s Stochastic %D was 9.53%. Additionally, its Average True Range was 0.89.
During the past 100 days, Viridian Therapeutics Inc’s (VRDN) raw stochastic average was set at 2.04%, which indicates a significant decrease from 6.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.30% in the past 14 days, which was lower than the 64.09% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.71, while its 200-day Moving Average is $17.85. However, in the short run, Viridian Therapeutics Inc’s stock first resistance to watch stands at $15.28. Second resistance stands at $15.96. The third major resistance level sits at $16.40. If the price goes on to break the first support level at $14.16, it is likely to go to the next support level at $13.72. Now, if the price goes above the second support level, the third support stands at $13.04.
Viridian Therapeutics Inc (NASDAQ: VRDN) Key Stats
Market capitalization of the company is 916.44 million based on 62,768K outstanding shares. Right now, sales total 310 K and income totals -237,730 K. The company made 70 K in profit during its latest quarter, and -66,860 K in sales during its previous quarter.
