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As of close of business last night, Viavi Solutions Inc’s stock clocked out at $8.49, down -0.47% from its previous closing price of $8.53. In other words, the price has decreased by -$0.47 from its previous closing price. On the day, 1.61 million shares were traded. VIAV stock price reached its highest trading level at $8.625 during the session, while it also had its lowest trading level at $8.38.
Ratios:
To gain a deeper understanding of VIAV’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.80 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.44. For the most recent quarter (mrq), Quick Ratio is recorded 3.16 and its Current Ratio is at 3.55. In the meantime, Its Debt-to-Equity ratio is 1.01 whereas as Long-Term Debt/Eq ratio is at 0.99.
On May 03, 2024, Susquehanna Downgraded its rating to Neutral which previously was Positive but kept the price unchanged to $9.
Stifel Upgraded its Hold to Buy on February 12, 2024, whereas the target price for the stock was revised from $10 to $13.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 21 ’24 when JABBAR MASOOD sold 30,000 shares for $8.17 per share. The transaction valued at 245,100 led to the insider holds 243,514 shares of the business.
RONDINONE RALPH sold 1,271 shares of VIAV for $10,206 on Aug 21 ’24. The SVP Global Operations NSE now owns 32,722 shares after completing the transaction at $8.03 per share. On Aug 21 ’24, another insider, MASOOD JABBAR, who serves as the Director of the company, bought 30,000 shares for $8.17 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VIAV now has a Market Capitalization of 1892913408 and an Enterprise Value of 1854437632. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.88 while its Price-to-Book (P/B) ratio in mrq is 2.77. Its current Enterprise Value per Revenue stands at 1.854 whereas that against EBITDA is 22.209.
Stock Price History:
Over the past 52 weeks, VIAV has reached a high of $11.32, while it has fallen to a 52-week low of $6.60. The 50-Day Moving Average of the stock is 12.17%, while the 200-Day Moving Average is calculated to be -0.60%.
Shares Statistics:
It appears that VIAV traded 1.65M shares on average per day over the past three months and 1445520 shares per day over the past ten days. A total of 222.00M shares are outstanding, with a floating share count of 218.92M. Insiders hold about 1.35% of the company’s shares, while institutions hold 95.06% stake in the company. Shares short for VIAV as of 1723680000 were 4439779 with a Short Ratio of 2.70, compared to 1721001600 on 4763310. Therefore, it implies a Short% of Shares Outstanding of 4439779 and a Short% of Float of 2.8399997999999997.
