Investors must take note of Varex Imaging Corp’s (VREX) performance last week, which was 1.12%.

On Friday, Varex Imaging Corp (NASDAQ: VREX) opened lower -1.10% from the last session, before settling in for the closing price of $13.67. Price fluctuations for VREX have ranged from $10.19 to $20.27 over the past 52 weeks.

A company in the Healthcare sector has jumped its sales by 1.03% annually for the last half of the decade. Company’s average yearly earnings per share was noted 9.09% at the time writing. With a float of $40.68 million, this company’s outstanding shares have now reached $41.09 million.

In an organization with 2300 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 31.68%, operating margin of 3.96%, and the pretax margin is 0.62%.

Varex Imaging Corp (VREX) Insider and Institutional Ownership

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 1.34%, while institutional ownership is 94.90%. 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) Latest Financial update

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.12 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 9.09% per share during the next fiscal year.

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 1.97. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.69. Likewise, its price to free cash flow for the trailing twelve months is 30.80.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.17, a number that is poised to hit 0.02 in the next quarter and is forecasted to reach 0.90 in one year’s time.

Technical Analysis of Varex Imaging Corp (VREX)

Let’s dig in a bit further. During the last 5-days, its volume was 0.38 million. That was inferior than the volume of 0.39 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 25.28%. Additionally, its Average True Range was 0.48.

During the past 100 days, Varex Imaging Corp’s (VREX) raw stochastic average was set at 49.41%, which indicates a significant increase from 18.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.53% in the past 14 days, which was lower than the 46.46% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $14.83, while its 200-day Moving Average is $14.17. However, in the short run, Varex Imaging Corp’s stock first resistance to watch stands at $13.77. Second resistance stands at $14.01. The third major resistance level sits at $14.15. If the price goes on to break the first support level at $13.38, it is likely to go to the next support level at $13.24. The third support level lies at $13.00 if the price breaches the second support level.

Varex Imaging Corp (NASDAQ: VREX) Key Stats

There are currently 41,231K shares outstanding in the company with a market cap of 557.44 million. Presently, the company’s annual sales total 811,000 K according to its annual income of -47,700 K. Last quarter, the company’s sales amounted to 205,700 K and its income totaled -50,000 K.