Market Update: Veren Inc. (VRN) Sees Negative Movement, Closing at 7.40

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In the latest session, Veren Inc. (NYSE: VRN) closed at $7.40 down -2.63% from its previous closing price of $7.60. In other words, the price has decreased by -$2.63 from its previous closing price. On the day, 6.5 million shares were traded. VRN stock price reached its highest trading level at $7.655 during the session, while it also had its lowest trading level at $7.17.

Ratios:

For a deeper understanding of Veren 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 284.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.60. For the most recent quarter (mrq), Quick Ratio is recorded 1.03 and its Current Ratio is at 1.03. In the meantime, Its Debt-to-Equity ratio is 0.58 whereas as Long-Term Debt/Eq ratio is at 0.52.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VRN now has a Market Capitalization of 4701878784 and an Enterprise Value of 8278259200. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.70 while its Price-to-Book (P/B) ratio in mrq is 0.97. Its current Enterprise Value per Revenue stands at 2.359 whereas that against EBITDA is 4.068.

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 $6.03. The 50-Day Moving Average of the stock is -8.13%, while the 200-Day Moving Average is calculated to be -3.00%.

Shares Statistics:

For the past three months, VRN has traded an average of 2.91M shares per day and 2967690 over the past ten days. A total of 619.93M shares are outstanding, with a floating share count of 574.77M. Insiders hold about 7.22% of the company’s shares, while institutions hold 44.46% stake in the company. Shares short for VRN as of 1721001600 were 12311546 with a Short Ratio of 4.99, compared to 1718323200 on 14541427.

Dividends & Splits

According to the company, the forward annual dividend rate for VRN is 0.32, from 0.415 in the trailing year. Against a Trailing Annual Dividend Yield of 0.054605264The stock’s 5-year Average Dividend Yield is 1.97.

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