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The price of Verona Pharma Plc ADR (NASDAQ: VRNA) closed at $22.26 in the last session, up 3.53% from day before closing price of $21.50. In other words, the price has increased by $3.53 from its previous closing price. On the day, 1.44 million shares were traded. VRNA stock price reached its highest trading level at $22.41 during the session, while it also had its lowest trading level at $20.96.
Ratios:
We take a closer look at VRNA’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 18.40 and its Current Ratio is at 18.40. In the meantime, Its Debt-to-Equity ratio is 0.23 whereas as Long-Term Debt/Eq ratio is at 0.22.
On August 26, 2022, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $31.Piper Sandler initiated its Overweight rating on August 26, 2022, with a $31 target price.
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 May 03 ’24 when Rickard Kathleen A. sold 36,248 shares for $1.96 per share. The transaction valued at 71,032 led to the insider holds 2,621,552 shares of the business.
Rickard Kathleen A. sold 36,248 shares of VRNA for $80,503 on Feb 05 ’24. The Chief Medical Officer now owns 2,731,624 shares after completing the transaction at $2.22 per share. On Nov 20 ’23, another insider, Edwards Martin, who serves as the Director of the company, bought 33,736 shares for $1.84 each. As a result, the insider paid 61,973 and bolstered with 144,800 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, VRNA now has a Market Capitalization of 1804880896 and an Enterprise Value of 14235427840.
Stock Price History:
The Beta on a monthly basis for VRNA is 0.49, which has changed by 0.06101048 over the last 52 weeks, in comparison to a change of 0.24125004 over the same period for the S&P500. Over the past 52 weeks, VRNA has reached a high of $23.07, while it has fallen to a 52-week low of $11.39. The 50-Day Moving Average of the stock is 52.31%, while the 200-Day Moving Average is calculated to be 42.11%.
Shares Statistics:
According to the various share statistics, VRNA traded on average about 1.22M shares per day over the past 3-months and 1766660 shares per day over the past 10 days. A total of 80.44M shares are outstanding, with a floating share count of 62.41M. Insiders hold about 23.03% of the company’s shares, while institutions hold 61.03% stake in the company. Shares short for VRNA as of 1719532800 were 8637100 with a Short Ratio of 7.10, compared to 1717113600 on 5997263. Therefore, it implies a Short% of Shares Outstanding of 8637100 and a Short% of Float of 11.129999999999999.
