Veoneer Inc. (NYSE:VNE) went down by -0.35% from its latest closing price compared to the recent 1-year high of $40.46. The company’s stock price has collected 0.03% of gains in the last five trading sessions. Press Release reported on 11/22/21 that Arriver(TM) to Support Qualcomm’s Technology Collaboration With BMW With Vision Perception Software for Automated Driving
Is It Worth Investing in Veoneer Inc. (NYSE :VNE) Right Now?
Plus, the 36-month beta value for VNE is at 2.44. Opinions of the stock are interesting as 0 analysts out of 17 who provided ratings for Veoneer Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 17 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $36.99, which is -$2.17 below the current price. VNE currently public float of 111.51M and currently shorts hold a 4.68% ratio of that float. Today, the average trading volume of VNE was 1.06M shares.
VNE’s Market Performance
VNE stocks went up by 0.03% for the week, with a monthly jump of 0.88% and a quarterly performance of -1.85%, while its annual performance rate touched 80.80%. The volatility ratio for the week stands at 1.00% while the volatility levels for the past 30 days are set at 0.71% for Veoneer Inc.. The simple moving average for the period of the last 20 days is 0.02% for VNE stocks with a simple moving average of 21.55% for the last 200 days.
Analysts’ Opinion of VNE
Many brokerage firms have already submitted their reports for VNE stocks, with Danske Bank repeating the rating for VNE by listing it as a “Hold.” The predicted price for VNE in the upcoming period, according to Danske Bank is $37 based on the research report published on September 03rd of the current year 2021.
Credit Suisse, on the other hand, stated in their research note that they expect to see VNE reach a price target of $37, previously predicting the price at $17. The rating they have provided for VNE stocks is “Neutral” according to the report published on August 18th, 2021.
BofA Securities gave a rating of “Underperform” to VNE, setting the target price at $18 in the report published on April 20th of the current year.
VNE Trading at 0.50% from the 50-Day Moving Average
After a stumble in the market that brought VNE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.54% of loss for the given period.
Volatility was left at 0.71%, however, over the last 30 days, the volatility rate increased by 1.00%, as shares surge +0.86% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.12% lower at present.
During the last 5 trading sessions, VNE fell by -0.79%, which changed the moving average for the period of 200-days by +17.36% in comparison to the 20-day moving average, which settled at $35.39. In addition, Veoneer Inc. saw 66.71% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for VNE
Current profitability levels for the company are sitting at:
- -28.84 for the present operating margin
- +9.69 for the gross margin
The net margin for Veoneer Inc. stands at -39.69. The total capital return value is set at -20.77, while invested capital returns managed to touch -29.77. Equity return is now at value -36.00, with -19.50 for asset returns.
Based on Veoneer Inc. (VNE), the company’s capital structure generated 36.48 points at debt to equity in total, while total debt to capital is 26.73. Total debt to assets is 19.76, with long-term debt to equity ratio resting at 33.09. Finally, the long-term debt to capital ratio is 24.25.
When we switch over and look at the enterprise to sales, we see a ratio of 2.21, with the company’s debt to enterprise value settled at 0.22. The receivables turnover for the company is 4.76 and the total asset turnover is 0.55. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.12.