Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, Vera Therapeutics Inc (NASDAQ: VERA) closed at $28.58 down -3.48% from its previous closing price of $29.61. In other words, the price has decreased by -$3.48 from its previous closing price. On the day, 1.21 million shares were traded.
Ratios:
For a deeper understanding of Vera Therapeutics Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 13.60 and its Current Ratio is at 13.60. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.18.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Wolfe Research on February 04, 2025, initiated with a Outperform rating and assigned the stock a target price of $49.
On January 28, 2025, Goldman started tracking the stock assigning a Buy rating and target price of $58.
On November 21, 2024, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $70.Wells Fargo initiated its Overweight rating on November 21, 2024, with a $70 target price.
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 Jan 08 ’25 when Fordyce Marshall sold 17,500 shares for $41.74 per share. The transaction valued at 730,535 led to the insider holds 143,603 shares of the business.
MARSHALL FORDYCE bought 17,500 shares of VERA for $736,750 on Jan 08 ’25. On Dec 18 ’24, another insider, Fordyce Marshall, who serves as the PRESIDENT AND CEO of the company, sold 17,500 shares for $43.07 each. As a result, the insider received 753,680 and left with 85,942 shares of the company.
Stock Price History:
Over the past 52 weeks, VERA has reached a high of $51.61, while it has fallen to a 52-week low of $25.99. The 50-Day Moving Average of the stock is -24.90%, while the 200-Day Moving Average is calculated to be -28.02%.
Shares Statistics:
A total of 55.03M shares are outstanding, with a floating share count of 48.76M. Insiders hold about 23.00% of the company’s shares, while institutions hold 92.03% stake in the company.
