Market Recap: Veren Inc (VRN)’s Positive Momentum, Closing at 5.26

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The closing price of Veren Inc (NYSE: VRN) was $5.26 for the day, up 1.74% from the previous closing price of $5.17. In other words, the price has increased by $1.74 from its previous closing price. On the day, 11.69 million shares were traded.

Ratios:

Our analysis of VRN’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 533.40 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.33. For the most recent quarter (mrq), Quick Ratio is recorded 0.88 and its Current Ratio is at 0.88. In the meantime, Its Debt-to-Equity ratio is 0.43 whereas as Long-Term Debt/Eq ratio is at 0.35.

Valuation Measures:

As of this moment, Veren’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.78, and their Forward P/E ratio for the next fiscal year is 6.39. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.14 while its Price-to-Book (P/B) ratio in mrq is 0.65.

Stock Price History:

Over the past 52 weeks, VRN has reached a high of $9.28, while it has fallen to a 52-week low of $4.39. The 50-Day Moving Average of the stock is 2.46%, while the 200-Day Moving Average is calculated to be -20.22%.

Shares Statistics:

A total of 616.33M shares are outstanding, with a floating share count of 602.85M. Insiders hold about 2.06% of the company’s shares, while institutions hold 43.64% stake in the company.

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