Viavi Solutions Inc. (NASDAQ: VIAV) went down by -0.82% from its latest closing price when compared to the 1-year high value of $14.00, while VIAV stocks collected -2.28% of loss with the last five trading sessions.
Viavi Solutions Inc. (NASDAQ: VIAV) Worth an Investment?
Viavi Solutions Inc. (NASDAQ: VIAV) The 36 Months beta value for VIAV stocks is at 0.96, while 9 of the analysts out of 12 who provided ratings for Viavi Solutions Inc. stocks as a “buy” while 1 as overweight, 2 rated it as hold and 0 as sell. The average price we get from analysts is $15.00 which is $1.95 above current price. VIAV currently has a short float of 4.77% and public float of 226.44M with average trading volume of 2.23M shares.
VIAV Market Performance
VIAV stocks went down by -2.28% for the week, with the monthly jump of 3.92% and a quarterly performance of 8.24%, while its annual performance rate touched 33.50%. The simple moving average for the period of the last 20 days is -0.20% for VIAV stocks with the simple moving average of 15.58% for the last 200 days.
Analysts’ Opinion on Viavi Solutions Inc. (NASDAQ: VIAV)
Many brokerage firms have already submitted their reports for VIAV stocks, with JP Morgan repeating the rating for VIAV shares by setting it to “Neutral”. The predicted price for VIAV socks in the upcoming period according to JP Morgan is $27 based on the research report published on April 22, 2019.
Northland Capital, on the other hand, stated in their research note that they expect to see VIAV stock at the price of $15. The rating they have provided for VIAV stocks is “Outperform” according to the report published on February 12, 2019.
Stifel gave “Buy” rating to VIAV stocks, setting the target price at $15 in the report published on October 23, 2018.
VIAV Stocks 3.83% Far from 50 Day Moving Average
After a stumble in the market that brought VIAV to its low price for the period of the last 52 weeks, Viavi Solutions Inc. was unable to take a rebound, for now settling with -5.21% of loss for the given period.
The stock volatility was left at 2.65%, however, within the period of a single month, the volatility rate increased by 2.51%, while the shares surge at the distance of +3.51% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +4.82% upper at the present time.
In the course of the last 5 trading sessions, VIAV went down by -2.28%, which changed the moving average for the period of 200 days to the total of +31.00% of gains for the stock in comparison to the 20-day moving average settled at $13.32. In addition, Viavi Solutions Inc. saw 32.04% in overturn over the period of a single year with a tendency to cut further gains.
VIAV Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Viavi Solutions Inc. (VIAV), starting from Staley Gary W, who sold 696 shares at the price of $13.23 back on Mar 04. After this action, Rushing now owns 15,905 shares of Viavi Solutions Inc., valued at $9,208 with the latest closing price.
RONDINONE RALPH, the SVP Global Operations NSE of Viavi Solutions Inc., sold 1,136 shares at the value of $13.23 during a trade that took place back on Mar 04, which means that RONDINONE RALPH is holding 27,574 shares at the value of $15,032 based on the most recent closing price.
VIAV Stock Fundamentals
The current profitability levels are settled at +2.96 for the present operating margin and +53.52 for gross margin. The net margin for Viavi Solutions Inc. stands at -5.22. Total capital return value is set at 1.57, while invested capital returns managed to touch -3.02. Equity return holds the value -7.40%, with -2.80% for asset returns.
Based on Viavi Solutions Inc. (VIAV), the company’s capital structure generated 119.48 points for debt to equity in total, while total debt to capital is set at the value of 54.44. Total debt to assets is settled at the value of 42.57 with long-term debt to equity ratio rests at 81.13 and long-term debt to capital is 36.96.
The value for Enterprise to Sales is 2.89 with debt to enterprise value settled at 0.36. The receivables turnover for Viavi Solutions Inc. is 5.21 with the total asset turnover at the value of 0.43. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.05.