Viridian Therapeutics Inc (NASDAQ: VRDN) kicked off on Tuesday, up 4.13% from the previous trading day, before settling in for the closing price of $18.38. Over the past 52 weeks, VRDN has traded in a range of $9.90-$27.20.
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
It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 31.28%. While this was happening, its average annual earnings per share was recorded -11.03%. With a float of $73.55 million, this company’s outstanding shares have now reached $81.65 million.
The extent of productivity of a business whose workforce counts for 143 workers is very important to gauge.
Viridian Therapeutics Inc (VRDN) Insider Updates
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 9.93%, while institutional ownership is 106.22%. 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) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -1.15 earnings per share (EPS), lower than consensus estimate (set at -1.05) by -0.1. Wall Street market experts anticipate that the next fiscal year will bring earnings of -1.06 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -11.03% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 19.52% during the next five years compared to 31.28% 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 11.01. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5210.04.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.27, a number that is poised to hit -0.95 in the next quarter and is forecasted to reach -4.09 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 0.79 million was inferior to 0.9 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 58.17%.
During the past 100 days, Viridian Therapeutics Inc’s (VRDN) raw stochastic average was set at 94.00%, which indicates a significant increase from 78.07% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.95 in the past 14 days, which was higher than the 0.85 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.01, while its 200-day Moving Average is $16.55. Now, the first resistance to watch is $19.50. This is followed by the second major resistance level at $19.85. The third major resistance level sits at $20.42. If the price goes on to break the first support level at $18.58, it is likely to go to the next support level at $18.01. Assuming the price breaks the second support level, the third support level stands at $17.66.
Viridian Therapeutics Inc (NASDAQ: VRDN) Key Stats
The company with the Market Capitalisation of 1.56 billion has total of 81,662K 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 80 K and last quarter income was -100,740 K.
