Market Update: Viatris Inc (VTRS) Sees Negative Movement, Closing at 11.45

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In the latest session, Viatris Inc (NASDAQ: VTRS) closed at $11.45 down -0.17% from its previous closing price of $11.47. In other words, the price has decreased by -$0.17 from its previous closing price. On the day, 9.94 million shares were traded. VTRS stock price reached its highest trading level at $11.6 during the session, while it also had its lowest trading level at $11.42.

Ratios:

For a deeper understanding of Viatris 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 13.54 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.05. For the most recent quarter (mrq), Quick Ratio is recorded 0.93 and its Current Ratio is at 1.45. In the meantime, Its Debt-to-Equity ratio is 0.89 whereas as Long-Term Debt/Eq ratio is at 0.76.

On October 23, 2023, BofA Securities Downgraded its rating to Underperform which previously was Neutral and also lowered its target price recommendation from $13 to $9.

Barclays Downgraded its Equal Weight to Underweight on June 23, 2023, while the target price for the stock was maintained at $11.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 12 ’24 when Malik Rajiv sold 139,681 shares for $11.66 per share. The transaction valued at 1,628,164 led to the insider holds 505,838 shares of the business.

Malik Rajiv sold 60,319 shares of VTRS for $706,553 on Sep 12 ’24. The Director now owns 0 shares after completing the transaction at $11.71 per share. On Aug 30 ’24, another insider, Malik Rajiv, who serves as the Director of the company, sold 50,000 shares for $12.00 each. As a result, the insider received 600,000 and left with 60,319 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, VTRS now has a Market Capitalization of 13665803264 and an Enterprise Value of 30018209792. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.90 while its Price-to-Book (P/B) ratio in mrq is 0.71. Its current Enterprise Value per Revenue stands at 1.97 whereas that against EBITDA is 6.46.

Stock Price History:

Over the past 52 weeks, VTRS has reached a high of $13.62, while it has fallen to a 52-week low of $8.74. The 50-Day Moving Average of the stock is -2.04%, while the 200-Day Moving Average is calculated to be 0.14%.

Shares Statistics:

For the past three months, VTRS has traded an average of 8.62M shares per day and 12077660 over the past ten days. A total of 1.20B shares are outstanding, with a floating share count of 1.17B. Insiders hold about 2.05% of the company’s shares, while institutions hold 82.00% stake in the company. Shares short for VTRS as of 1724976000 were 39575978 with a Short Ratio of 4.59, compared to 1722384000 on 38737370. Therefore, it implies a Short% of Shares Outstanding of 39575978 and a Short% of Float of 3.7699999999999996.

Dividends & Splits

According to the company, the forward annual dividend rate for VTRS is 0.48, from 0.48 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0418483The stock’s 5-year Average Dividend Yield is 0.89.

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