In the Green: Viatris Inc (VTRS) Closes at 10.61, Up/Down 2.81 from Previous Day

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In the latest session, Viatris Inc (NASDAQ: VTRS) closed at $10.61 up 2.81% from its previous closing price of $10.32. In other words, the price has increased by $2.81 from its previous closing price. On the day, 8.67 million shares were traded. VTRS stock price reached its highest trading level at $10.64 during the session, while it also had its lowest trading level at $10.34.

Ratios:

For a deeper understanding of Viatris Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.12. For the most recent quarter (mrq), Quick Ratio is recorded 1.08 and its Current Ratio is at 1.57. In the meantime, Its Debt-to-Equity ratio is 0.91 whereas as Long-Term Debt/Eq ratio is at 0.81.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on October 23, 2023, Downgraded its rating to Underperform and sets its target price to $9 from $13 previously.

On June 23, 2023, Barclays Downgraded its rating to Underweight which previously was Equal Weight but kept the price unchanged to $11.

Barclays Downgraded its Overweight to Equal Weight on April 24, 2023, while the target price for the stock was maintained at $11.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jun 14 ’24 when Malik Rajiv sold 264,300 shares for $10.18 per share. The transaction valued at 2,690,283 led to the insider holds 645,519 shares of the business.

Malik Rajiv sold 85,660 shares of VTRS for $900,741 on Jun 13 ’24. The Director now owns 909,819 shares after completing the transaction at $10.52 per share. On May 28 ’24, another insider, Roman Brian, who serves as the Chief Legal Officer of the company, sold 89,419 shares for $10.38 each. As a result, the insider received 928,429 and left with 67,723 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VTRS now has a Market Capitalization of 12633114624 and an Enterprise Value of 29737871360. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.82 while its Price-to-Book (P/B) ratio in mrq is 0.64. Its current Enterprise Value per Revenue stands at 1.936 whereas that against EBITDA is 6.283.

Stock Price History:

The Beta on a monthly basis for VTRS is 0.94, which has changed by 0.035121918 over the last 52 weeks, in comparison to a change of 0.2553556 over the same period for the S&P500. Over the past 52 weeks, VTRS has reached a high of $13.62, while it has fallen to a 52-week low of $8.74. The 50-Day Moving Average of the stock is -2.06%, while the 200-Day Moving Average is calculated to be -1.92%.

Shares Statistics:

For the past three months, VTRS has traded an average of 8.37M shares per day and 9659470 over the past ten days. A total of 1.20B shares are outstanding, with a floating share count of 1.17B. Insiders hold about 2.10% of the company’s shares, while institutions hold 81.05% stake in the company. Shares short for VTRS as of 1718323200 were 51385622 with a Short Ratio of 6.14, compared to 1715731200 on 42185207. Therefore, it implies a Short% of Shares Outstanding of 51385622 and a Short% of Float of 4.9099997.

Dividends & Splits

According to the company, the forward annual dividend rate for VTRS is 0.48, from 0.48 in the trailing year. Against a Trailing Annual Dividend Yield of 0.046511628The stock’s 5-year Average Dividend Yield is 0.89. The current Payout Ratio is 1059.60% for VTRS, which recently paid a dividend on 2024-05-23 with an ex-dividend date of 1716422400. Stock splits for the company last occurred on 2003-10-09 when the company split stock in a 3:2 ratio.

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