Viridian Therapeutics Inc (VRDN) volume exceeds 0.75 million: A new investment opportunity for investors

Viridian Therapeutics Inc (NASDAQ: VRDN) kicked off on Tuesday, up 3.27% from the previous trading day, before settling in for the closing price of $15.58. Over the past 52 weeks, VRDN has traded in a range of $11.40-$27.20.

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During the last 5-year period, the sales drop of Healthcare Sector giant was -4.11%. While this was happening, its average annual earnings per share was recorded -6.05%. With a float of $73.28 million, this company’s outstanding shares have now reached $80.99 million.

Let’s determine the extent of company efficiency that accounts for 143 employees. In terms of profitability, gross margin is -1931.79%, operating margin of -99018.54%, and the pretax margin is -89387.09%.

Viridian Therapeutics Inc (VRDN) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Biotechnology Industry. The insider ownership of Viridian Therapeutics Inc is 10.07%, while institutional ownership is 102.34%. 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) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.98 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -6.05% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 23.74% during the next five years compared to 27.64% growth over the previous five years of trading.

Viridian Therapeutics Inc (NASDAQ: VRDN) Trading Performance Indicators

Take a look at Viridian Therapeutics Inc’s (VRDN) current performance indicators. Last quarter, stock had a quick ratio of 15.43. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4370.30.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.96, a number that is poised to hit -0.97 in the next quarter and is forecasted to reach -3.96 in one year’s time.

Technical Analysis of Viridian Therapeutics Inc (VRDN)

Looking closely at Viridian Therapeutics Inc (NASDAQ: VRDN), its last 5-days average volume was 0.83 million, which is a drop from its year-to-date volume of 1.09 million. As of the previous 9 days, the stock’s Stochastic %D was 74.29%. Additionally, its Average True Range was 0.95.

During the past 100 days, Viridian Therapeutics Inc’s (VRDN) raw stochastic average was set at 15.51%, which indicates a significant decrease from 69.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.53% in the past 14 days, which was lower than the 60.64% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $17.75, while its 200-day Moving Average is $17.85. However, in the short run, Viridian Therapeutics Inc’s stock first resistance to watch stands at $16.53. Second resistance stands at $16.98. The third major resistance level sits at $17.76. If the price goes on to break the first support level at $15.31, it is likely to go to the next support level at $14.53. Now, if the price goes above the second support level, the third support stands at $14.09.

Viridian Therapeutics Inc (NASDAQ: VRDN) Key Stats

The company with the Market Capitalisation of 1.31 billion has total of 81,485K Shares Outstanding. Its annual sales at the moment are 300 K in contrast with the sum of -269,950 K annual income. Company’s last quarter sales were recorded 70 K and last quarter income was -79,730 K.