On Monday, Viridian Therapeutics Inc (NASDAQ: VRDN) opened higher 4.11% from the last session, before settling in for the closing price of $20.20. Price fluctuations for VRDN have ranged from $11.40 to $27.20 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales slided by -12.71%. Company’s average yearly earnings per share was noted 24.09% at the time writing. With a float of $70.14 million, this company’s outstanding shares have now reached $79.21 million.
The extent of productivity of a business whose workforce counts for 96 workers is very important to gauge. In terms of profitability, gross margin is -2047.68%, operating margin of -93722.52%, and the pretax margin is -85127.15%.
Viridian Therapeutics Inc (VRDN) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Biotechnology industry is another important factor to consider. The insider ownership of Viridian Therapeutics Inc is 11.45%, while institutional ownership is 98.95%. 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
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -1.35 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -1.03) by -0.32. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.96 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 24.09% per share during the next fiscal year.
Viridian Therapeutics Inc (NASDAQ: VRDN) Trading Performance Indicators
Check out the current performance indicators for Viridian Therapeutics Inc (VRDN). In the past quarter, the stock posted a quick ratio of 18.55. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5552.80.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.31, a number that is poised to hit -1.03 in the next quarter and is forecasted to reach -4.15 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 1.13 million was superior to 1.12 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 16.28%. Additionally, its Average True Range was 1.26.
During the past 100 days, Viridian Therapeutics Inc’s (VRDN) raw stochastic average was set at 59.30%, which indicates a significant increase from 20.49% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 73.92% in the past 14 days, which was higher than the 72.36% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $22.72, while its 200-day Moving Average is $17.22. Now, the first resistance to watch is $21.49. This is followed by the second major resistance level at $21.95. The third major resistance level sits at $22.50. If the price goes on to break the first support level at $20.47, it is likely to go to the next support level at $19.92. The third support level lies at $19.46 if the price breaches the second support level.
Viridian Therapeutics Inc (NASDAQ: VRDN) Key Stats
There are currently 79,213K shares outstanding in the company with a market cap of 1.67 billion. Presently, the company’s annual sales total 310 K according to its annual income of -237,730 K. Last quarter, the company’s sales amounted to 90 K and its income totaled -76,690 K.
