Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
The closing price of Vir Biotechnology Inc (NASDAQ: VIR) was $7.47 for the day, up 0.88% from the previous closing price of $7.40. In other words, the price has increased by $0.88 from its previous closing price. On the day, 0.94 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 $7.33.
Ratios:
Our analysis of VIR’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 8.94 and its Current Ratio is at 8.94. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.08.
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:
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 Dec 02 ’24 when de Verneuil Vanina sold 76 shares for $8.22 per share. The transaction valued at 625 led to the insider holds 56,973 shares of the business.
VANINA ALEXANDRA HUARD DE VERN bought 76 shares of VIR for $625 on Dec 02 ’24. On Nov 06 ’24, another insider, de Verneuil Vanina, who serves as the EVP and General Counsel of the company, sold 4,397 shares for $10.11 each. As a result, the insider received 44,454 and left with 56,973 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 1028079808 and an Enterprise Value of 226419696. For the stock, the TTM Price-to-Sale (P/S) ratio is 13.19 while its Price-to-Book (P/B) ratio in mrq is 0.82. Its current Enterprise Value per Revenue stands at 2.88 whereas that against EBITDA is -0.424.
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 $6.56. The 50-Day Moving Average of the stock is -6.58%, while the 200-Day Moving Average is calculated to be -15.30%.
Shares Statistics:
VIR traded an average of 1.27M shares per day over the past three months and 1247820 shares per day over the past ten days. A total of 136.71M shares are outstanding, with a floating share count of 87.70M. Insiders hold about 36.32% of the company’s shares, while institutions hold 49.34% stake in the company. Shares short for VIR as of 1734048000 were 6080890 with a Short Ratio of 4.80, compared to 1731628800 on 5512667. Therefore, it implies a Short% of Shares Outstanding of 6080890 and a Short% of Float of 7.17.
