Trading Day Triumph: Vir Biotechnology Inc (VIR) Ends at 7.54, a -0.79 Surge/Plunge

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Vir Biotechnology Inc (NASDAQ: VIR) closed the day trading at $7.54 down -0.79% from the previous closing price of $7.60. In other words, the price has decreased by -$0.79 from its previous closing price. On the day, 0.76 million shares were traded. VIR stock price reached its highest trading level at $7.64 during the session, while it also had its lowest trading level at $7.42.

Ratios:

For a better understanding of VIR, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 12.51 and its Current Ratio is at 12.51. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.07.

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 the company, JP Morgan on January 29, 2024, Downgraded its rating to Neutral and sets its target price to $9 from $23 previously.

On September 08, 2023, BofA Securities Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $23 to $14.

JP Morgan Upgraded its Neutral to Overweight on March 06, 2023, whereas the target price for the stock was revised from $35 to $34.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 09 ’24 when Napolitano Janet sold 12,190 shares for $7.80 per share. The transaction valued at 95,032 led to the insider holds 11,616 shares of the business.

JANET ANN NAPOLITANO bought 12,190 shares of VIR for $94,594 on Sep 09 ’24. On Jun 11 ’24, another insider, Ramasastry Saira, who serves as the Director of the company, sold 4,000 shares for $10.95 each. As a result, the insider received 43,789 and left with 14,619 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, VIR now has a Market Capitalization of 1030265600 and an Enterprise Value of -6289634. For the stock, the TTM Price-to-Sale (P/S) ratio is 13.06 while its Price-to-Book (P/B) ratio in mrq is 0.72. Its current Enterprise Value per Revenue stands at -0.08 whereas that against EBITDA is 0.013.

Stock Price History:

Over the past 52 weeks, VIR has reached a high of $13.09, while it has fallen to a 52-week low of $7.41. The 50-Day Moving Average of the stock is -14.29%, while the 200-Day Moving Average is calculated to be -21.12%.

Shares Statistics:

Over the past 3-months, VIR traded about 835.43K shares per day on average, while over the past 10 days, VIR traded about 877030 shares per day. A total of 134.78M shares are outstanding, with a floating share count of 88.17M. Insiders hold about 35.48% of the company’s shares, while institutions hold 51.06% stake in the company. Shares short for VIR as of 1724976000 were 5909627 with a Short Ratio of 7.07, compared to 1722384000 on 4950163. Therefore, it implies a Short% of Shares Outstanding of 5909627 and a Short% of Float of 7.049999999999999.

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