Market Recap: Verve Therapeutics Inc (VERV)’s Negative Momentum, Closing at 5.46

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The closing price of Verve Therapeutics Inc (NASDAQ: VERV) was $5.46 for the day, down -4.71% from the previous closing price of $5.73. In other words, the price has decreased by -$4.71 from its previous closing price. On the day, 2.14 million shares were traded.

Ratios:

Our analysis of VERV’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 12.65 and its Current Ratio is at 12.65. In the meantime, Its Debt-to-Equity ratio is 0.14 whereas as Long-Term Debt/Eq ratio is at 0.12.

On April 08, 2024, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $15.

On April 13, 2023, Canaccord Genuity started tracking the stock assigning a Buy rating and target price of $29.Canaccord Genuity initiated its Buy rating on April 13, 2023, with a $29 target price.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 02 ’25 when Kathiresan Sekar sold 9,822 shares for $4.15 per share. The transaction valued at 40,761 led to the insider holds 346,686 shares of the business.

Nickerson Joan sold 2,777 shares of VERV for $11,525 on Apr 02 ’25. The Chief Administrative Officer now owns 17,420 shares after completing the transaction at $4.15 per share. On Apr 02 ’25, another insider, Ashe Andrew D., who serves as the insider of the company, sold 2,681 shares for $4.15 each. As a result, the insider received 11,126 and left with 348,828 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 15.00 while its Price-to-Book (P/B) ratio in mrq is 0.98.

Stock Price History:

Over the past 52 weeks, VERV has reached a high of $9.31, while it has fallen to a 52-week low of $2.86. The 50-Day Moving Average of the stock is -1.06%, while the 200-Day Moving Average is calculated to be -7.29%.

Shares Statistics:

A total of 88.76M shares are outstanding, with a floating share count of 66.12M. Insiders hold about 25.54% of the company’s shares, while institutions hold 70.00% stake in the company.

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