On Monday, Verve Therapeutics Inc (NASDAQ: VERV) opened lower -7.97% from the last session, before settling in for the closing price of $6.02. Price fluctuations for VERV have ranged from $4.30 to $19.34 over the past 52 weeks.
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A company in the Healthcare sector has jumped its sales by 126.44% annually for the last half of the decade. Company’s average yearly earnings per share was noted 21.22% at the time writing. With a float of $63.10 million, this company’s outstanding shares have now reached $84.64 million.
In an organization with 255 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 73.07%, operating margin of -928.6%, and the pretax margin is -806.35%.
Verve Therapeutics Inc (VERV) 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 Verve Therapeutics Inc is 25.47%, while institutional ownership is 76.15%. The most recent insider transaction that took place on Dec 02 ’24, was worth 3,130. In this transaction Chief Financial Officer of this company sold 555 shares at a rate of $5.64, taking the stock ownership to the 5,380 shares. Before that another transaction happened on May 14 ’24, when Company’s insider bought 76,000 for $6.26, making the entire transaction worth $475,760. This insider now owns 342,509 shares in total.
Verve Therapeutics Inc (VERV) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.73 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 21.22% per share during the next fiscal year.
Verve Therapeutics Inc (NASDAQ: VERV) Trading Performance Indicators
Check out the current performance indicators for Verve Therapeutics Inc (VERV). In the past quarter, the stock posted a quick ratio of 13.05. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 19.22.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.46, a number that is poised to hit -0.68 in the next quarter and is forecasted to reach -2.79 in one year’s time.
Technical Analysis of Verve Therapeutics Inc (VERV)
Let’s dig in a bit further. During the last 5-days, its volume was 1.06 million. That was inferior than the volume of 1.37 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 69.12%. Additionally, its Average True Range was 0.56.
During the past 100 days, Verve Therapeutics Inc’s (VERV) raw stochastic average was set at 36.81%, which indicates a significant increase from 28.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 98.59% in the past 14 days, which was higher than the 90.68% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.82, while its 200-day Moving Average is $6.28. However, in the short run, Verve Therapeutics Inc’s stock first resistance to watch stands at $5.94. Second resistance stands at $6.33. The third major resistance level sits at $6.56. If the price goes on to break the first support level at $5.32, it is likely to go to the next support level at $5.09. The third support level lies at $4.70 if the price breaches the second support level.
Verve Therapeutics Inc (NASDAQ: VERV) Key Stats
There are currently 84,664K shares outstanding in the company with a market cap of 469.04 million. Presently, the company’s annual sales total 11,760 K according to its annual income of -200,070 K. Last quarter, the company’s sales amounted to 6,870 K and its income totaled -50,130 K.
