As of close of business last night, Vir Biotechnology Inc’s stock clocked out at $8.36, down -2.45% from its previous closing price of $8.57. On the day, 660988 shares were traded. VIR stock price reached its highest trading level at $8.56 during the session, while it also had its lowest trading level at $8.34.
Ratios:
To gain a deeper understanding of VIR’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 9.05 and its Current Ratio is at 9.05. 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:
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 Apr 03 ’24 when De Backer Marianne sold 72,995 shares for $9.46 per share. The transaction valued at 690,365 led to the insider holds 678,457 shares of the business.
HANLY ANN M. sold 2,711 shares of VIR for $27,251 on Apr 01 ’24. The EVP & Chief Technology Officer now owns 132,069 shares after completing the transaction at $10.05 per share. On Mar 27 ’24, another insider, Lee Sung, who serves as the EVP & Chief Financial Officer of the company, sold 6,008 shares for $9.89 each. As a result, the insider received 59,404 and left with 100,492 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 13.10 while its Price-to-Book (P/B) ratio in mrq is 0.71.
Stock Price History:
Over the past 52 weeks, VIR has reached a high of $27.48, while it has fallen to a 52-week low of $7.72.
Shares Statistics:
A total of 134.78M shares are outstanding, with a floating share count of 88.44M. Insiders hold about 34.50% of the company’s shares, while institutions hold 53.42% stake in the company.
Earnings Estimates
As of right now, Virgin Galactic Holdings, Inc. analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $173.98, with high estimates of $24.34 and low estimates of $8.10.
EPS for the following year is $ETF, with Stocks analysts recommending between $Stocks and $Stocks.
