A new trading day began on Tuesday, with Viridian Therapeutics Inc (NASDAQ: VRDN) stock price down -12.76% from the previous day of trading, before settling in for the closing price of $25.71. VRDN’s price has ranged from $11.40 to $26.06 over the past 52 weeks.
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Annual sales at Healthcare sector company slipped by -12.71% over the past five years. Meanwhile, its annual earnings per share averaged 25.80%. With a float of $67.61 million, this company’s outstanding shares have now reached $76.36 million.
Let’s look at the performance matrix of the company that is accounted for 96 employees. In terms of profitability, gross margin is -2268.4%, operating margin of -87078.47%, and the pretax margin is -79185.76%.
Viridian Therapeutics Inc (VRDN) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Biotechnology Industry. The insider ownership of Viridian Therapeutics Inc is 11.45%, while institutional ownership is 83.33%. The most recent insider transaction that took place on Sep 27 ’24, was worth 117,050. In this transaction Chief Operating Officer of this company bought 5,000 shares at a rate of $23.41, taking the stock ownership to the 6,000 shares. Before that another transaction happened on Sep 27 ’24, when Company’s President and CEO bought 21,400 for $23.33, making the entire transaction worth $499,262. This insider now owns 21,400 shares in total.
Viridian Therapeutics Inc (VRDN) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 25.80% per share during the next fiscal year.
Viridian Therapeutics Inc (NASDAQ: VRDN) Trading Performance Indicators
Here are Viridian Therapeutics Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 15.82. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5905.79.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.25, a number that is poised to hit -1.03 in the next quarter and is forecasted to reach -4.13 in one year’s time.
Technical Analysis of Viridian Therapeutics Inc (VRDN)
Viridian Therapeutics Inc (NASDAQ: VRDN) saw its 5-day average volume 1.73 million, a positive change from its year-to-date volume of 1.11 million. As of the previous 9 days, the stock’s Stochastic %D was 68.76%. Additionally, its Average True Range was 1.37.
During the past 100 days, Viridian Therapeutics Inc’s (VRDN) raw stochastic average was set at 68.93%, which indicates a significant increase from 15.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 67.83% in the past 14 days, which was lower than the 72.98% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $22.20, while its 200-day Moving Average is $17.13. Nevertheless, the first resistance level for the watch stands at $25.62 in the near term. At $28.81, the stock is likely to face the second major resistance level. The third major resistance level sits at $30.42. If the price goes on to break the first support level at $20.82, it is likely to go to the next support level at $19.21. The third support level lies at $16.02 if the price breaches the second support level.
Viridian Therapeutics Inc (NASDAQ: VRDN) Key Stats
With a market capitalization of 1.71 billion, the company has a total of 63,890K Shares Outstanding. Currently, annual sales are 310 K while annual income is -237,730 K. The company’s previous quarter sales were 70 K while its latest quarter income was -64,990 K.
