Upward Trajectory: Vera Therapeutics Inc (VERA) Posts a Gaine, Closing at 48.67

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The closing price of Vera Therapeutics Inc (NASDAQ: VERA) was $48.67 for the day, up 1.21% from the previous closing price of $48.09. In other words, the price has increased by $1.21 from its previous closing price. On the day, 0.66 million shares were traded. VERA stock price reached its highest trading level at $49.34 during the session, while it also had its lowest trading level at $47.9.

Ratios:

Our analysis of VERA’s different ratios will help us gain a deeper understanding of the company. 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.

On January 25, 2024, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $26.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Oct 28 ’24 when SEIDENBERG BETH C sold 15,000 shares for $48.03 per share. The transaction valued at 720,493 led to the insider holds 131,553 shares of the business.

BETH C SEIDENBERG bought 15,000 shares of VERA for $616,350 on Oct 28 ’24. On Oct 23 ’24, another insider, Fordyce Marshall, who serves as the PRESIDENT AND CEO of the company, sold 19,375 shares for $40.39 each. As a result, the insider received 782,610 and left with 307,972 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, VERA now has a Market Capitalization of 3081935104 and an Enterprise Value of 2783534080.

Stock Price History:

Over the past 52 weeks, VERA has reached a high of $50.78, while it has fallen to a 52-week low of $10.79. The 50-Day Moving Average of the stock is 16.58%, while the 200-Day Moving Average is calculated to be 20.90%.

Shares Statistics:

VERA traded an average of 705.31K shares per day over the past three months and 1631260 shares per day over the past ten days. A total of 63.32M shares are outstanding, with a floating share count of 48.00M. Insiders hold about 24.21% of the company’s shares, while institutions hold 78.38% stake in the company. Shares short for VERA as of 1728950400 were 6189776 with a Short Ratio of 8.78, compared to 1726185600 on 6460497. Therefore, it implies a Short% of Shares Outstanding of 6189776 and a Short% of Float of 15.879999999999999.

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