Verra Mobility Corporation (NASDAQ:VRRM) went up by 6.51% from its latest closing price when compared to the 1-year high value of $17.20 and move down -150.36%, while VRRM stocks collected +16.84% of gains with the last five trading sessions. Press Release reported on 03/02/20 that Verra Mobility Announces Fourth Quarter and Full Year 2019 Financial Results
Verra Mobility Corporation (NASDAQ:VRRM) Worth an Investment?
Verra Mobility Corporation (NASDAQ: VRRM) scored price to earnings ratio above its average ratio, recording 33.51 times of increase in earnings at the present.
VRRM Market Performance
VRRM stocks went up by 16.84% for the week, with the monthly drop of -58.34% and a quarterly performance of -51.09%, while its annual performance rate touched -34.32%. The simple moving average for the period of the last 20 days is -33.85% for VRRM stocks with the simple moving average of -50.74% for the last 200 days.
Analysts’ Opinion on Verra Mobility Corporation (NASDAQ:VRRM)
Many brokerage firms have already submitted their reports for VRRM stocks, with Credit Suisse repeating the rating for VRRM shares by setting it to “Outperform”. The predicted price for VRRM socks in the upcoming period according to Credit Suisse is $55 based on the research report published on January 24, 2020.
Credit Suisse, on the other hand, stated in their research note that they expect to see VRRM stock at the price of $55. The rating they have provided for VRRM stocks is “Outperform” according to the report published on January 23, 2020.
BofA/Merrill gave “ Buy” rating to VRRM stocks, setting the target price at $16 in the report published on September 30, 2019.
VRRM Stocks -50.26% Far from 50 Day Moving Average
After a stumble in the market that brought VRRM to its low price for the period of the last 52 weeks, Verra Mobility Corporation was unable to take a rebound, for now settling with -60.06% of loss for the given period.
The stock volatility was left at 13.02%, however, within the period of a single month, the volatility rate increased by 13.07%, while the shares sank at the distance of -56.82% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -53.58% lower at the present time.
In the course of the last 5 trading sessions, VRRM went up by +16.84%, which changed the moving average for the period of 200 days to the total of -44.42% of losses for the stock in comparison to the 20-day moving average settled at $9.93. In addition, Verra Mobility Corporation saw -50.89% in overturn over the period of a single year with a tendency to cut further losses.
VRRM Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Verra Mobility Corporation (VRRM), starting from Chiodo Patricia, who bought 10,000 shares at the price of $8.21 back on Mar 13. After this action, Rushing now owns 10,000 shares of Verra Mobility Corporation, valued at $82,100 with the latest closing price.
MILLER GARRETT FRISTOE, the Executive Vice President of Verra Mobility Corporation, bought 12,690 shares at the value of $7.94 during a trade that took place back on Mar 13, which means that MILLER GARRETT FRISTOE is holding 12,690 shares at the value of $100,789 based on the most recent closing price.
VRRM Stock Fundamentals
The current profitability levels are settled at +22.85 for the present operating margin and +69.91 for gross margin. The net margin for Verra Mobility Corporation stands at +7.43. Equity return holds the value 10.40%, with 2.40% for asset returns.