Market Highlights: Vir Biotechnology Inc (VIR) Ends on a High Note at 7.65

In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The price of Vir Biotechnology Inc (NASDAQ: VIR) closed at $7.65 in the last session, up 0.26% from day before closing price of $7.63. In other words, the price has increased by $0.26 from its previous closing price. On the day, 0.75 million shares were traded. VIR stock price reached its highest trading level at $7.76 during the session, while it also had its lowest trading level at $7.57.

Ratios:

We take a closer look at VIR’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 12.51 and its Current Ratio is at 12.51. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.07.

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, JP Morgan on January 29, 2024, Downgraded its rating to Neutral and sets its target price to $9 from $23 previously.

On September 08, 2023, BofA Securities Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $23 to $14.

JP Morgan Upgraded its Neutral to Overweight on March 06, 2023, whereas the target price for the stock was revised from $35 to $34.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 09 ’24 when Napolitano Janet sold 12,190 shares for $7.80 per share. The transaction valued at 95,032 led to the insider holds 11,616 shares of the business.

JANET ANN NAPOLITANO bought 12,190 shares of VIR for $94,594 on Sep 09 ’24. On Jun 11 ’24, another insider, Ramasastry Saira, who serves as the Director of the company, sold 4,000 shares for $10.95 each. As a result, the insider received 43,789 and left with 14,619 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, VIR now has a Market Capitalization of 1045296000 and an Enterprise Value of 6007926. For the stock, the TTM Price-to-Sale (P/S) ratio is 13.25 while its Price-to-Book (P/B) ratio in mrq is 0.73. Its current Enterprise Value per Revenue stands at 0.076 whereas that against EBITDA is -0.012.

Stock Price History:

Over the past 52 weeks, VIR has reached a high of $13.09, while it has fallen to a 52-week low of $7.12. The 50-Day Moving Average of the stock is -3.36%, while the 200-Day Moving Average is calculated to be -17.92%.

Shares Statistics:

According to the various share statistics, VIR traded on average about 749.23K shares per day over the past 3-months and 642440 shares per day over the past 10 days. A total of 134.78M shares are outstanding, with a floating share count of 88.14M. Insiders hold about 35.50% of the company’s shares, while institutions hold 51.37% stake in the company. Shares short for VIR as of 1727654400 were 5726219 with a Short Ratio of 7.64, compared to 1724976000 on 5909627. Therefore, it implies a Short% of Shares Outstanding of 5726219 and a Short% of Float of 6.83.

Most Popular