On Tuesday, Varex Imaging Corp (NASDAQ: VREX) opened higher 3.12% from the last session, before settling in for the closing price of $14.12. Price fluctuations for VREX have ranged from $10.19 to $21.50 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Healthcare Sector giant saw their annual sales surged by 3.60% over the last five years. Company’s average yearly earnings per share was noted 9.82% at the time writing. With a float of $40.39 million, this company’s outstanding shares have now reached $40.53 million.
The firm has a total of 2400 workers. Let’s measure their productivity. In terms of profitability, gross margin is 32.16%, operating margin of 5.46%, and the pretax margin is 0.42%.
Varex Imaging Corp (VREX) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Medical Devices industry is another important factor to consider. The insider ownership of Varex Imaging Corp is 1.24%, while institutional ownership is 95.92%. The most recent insider transaction that took place on Aug 20 ’24, was worth 32,302. In this transaction SVP and CLO of this company sold 2,578 shares at a rate of $12.53, taking the stock ownership to the 275 shares. Before that another transaction happened on Aug 20 ’24, when Company’s Officer proposed sale 2,578 for $12.53, making the entire transaction worth $32,302.
Varex Imaging Corp (VREX) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 9.82% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.00% during the next five years compared to 6.00% growth over the previous five years of trading.
Varex Imaging Corp (NASDAQ: VREX) Trading Performance Indicators
Check out the current performance indicators for Varex Imaging Corp (VREX). In the past quarter, the stock posted a quick ratio of 1.89. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.72. Likewise, its price to free cash flow for the trailing twelve months is 14.89.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.69, a number that is poised to hit 0.02 in the next quarter and is forecasted to reach 1.01 in one year’s time.
Technical Analysis of Varex Imaging Corp (VREX)
Analysing the last 5-days average volume posted by the [Varex Imaging Corp, VREX], we can find that recorded value of 0.64 million was better than the volume posted last year of 0.49 million. As of the previous 9 days, the stock’s Stochastic %D was 54.09%. Additionally, its Average True Range was 0.49.
During the past 100 days, Varex Imaging Corp’s (VREX) raw stochastic average was set at 86.02%, which indicates a significant decrease from 86.71% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.57% in the past 14 days, which was lower than the 53.60% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.42, while its 200-day Moving Average is $14.64. Now, the first resistance to watch is $14.81. This is followed by the second major resistance level at $15.05. The third major resistance level sits at $15.52. If the price goes on to break the first support level at $14.10, it is likely to go to the next support level at $13.63. Now, if the price goes above the second support level, the third support stands at $13.39.
Varex Imaging Corp (NASDAQ: VREX) Key Stats
There are currently 40,900K shares outstanding in the company with a market cap of 595.51 million. Presently, the company’s annual sales total 893,400 K according to its annual income of 48,200 K. Last quarter, the company’s sales amounted to 209,100 K and its income totaled 1,400 K.
