Viatris Inc. (NASDAQ: VTRS)’s stock price has decreased by 0.00 compared to its previous closing price of 9.50. However, the company has experienced a -6.22% decline in its stock price over the last five trading sessions. Barron’s reported on 11/17/21 that Viatris’s CEO Sees a Unique Drug Business. The Stock Fell in Its First Year.
Is It Worth Investing in Viatris Inc. (NASDAQ: VTRS) Right Now?
Viatris Inc. (NASDAQ: VTRS) has a price-to-earnings ratio of 5.57x that is above its average ratio. Additionally, the 36-month beta value for VTRS is 1.21. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 1 rating it as “overweight,” 11 rating it as “hold,” and 0 rating it as “sell.”
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The average price predicted by analysts for VTRS is $12.99, which is $4.22 above the current price. The public float for VTRS is 1.19B and currently, short sellers hold a 1.73% ratio of that float. The average trading volume of VTRS on March 17, 2023 was 9.26M shares.
VTRS’s Market Performance
VTRS stock saw a decrease of -6.22% in the past week, with a monthly decline of -19.56% and a quarterly a decrease of -16.23%. The volatility ratio for the week is 2.99%, and the volatility levels for the last 30 days are 2.77% for Viatris Inc. (VTRS). The simple moving average for the last 20 days is -13.19% for VTRS stock, with a simple moving average of -10.36% for the last 200 days.
Analysts’ Opinion of VTRS
Many brokerage firms have already submitted their reports for VTRS stocks, with BMO Capital Markets repeating the rating for VTRS by listing it as a “Market Perform.” The predicted price for VTRS in the upcoming period, according to BMO Capital Markets is $14 based on the research report published on February 17th of the current year 2023.
Jefferies, on the other hand, stated in their research note that they expect to see VTRS reach a price target of $15, previously predicting the price at $13. The rating they have provided for VTRS stocks is “Buy” according to the report published on January 27th, 2023.
UBS gave a rating of “Neutral” to VTRS, setting the target price at $12 in the report published on November 10th of the previous year.
VTRS Trading at -17.24% from the 50-Day Moving Average
After a stumble in the market that brought VTRS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -23.38% of loss for the given period.
Volatility was left at 2.77%, however, over the last 30 days, the volatility rate increased by 2.99%, as shares sank -19.83% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.52% lower at present.
During the last 5 trading sessions, VTRS fell by -6.22%, which changed the moving average for the period of 200-days by -22.45% in comparison to the 20-day moving average, which settled at $10.83. In addition, Viatris Inc. saw -14.65% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at VTRS starting from Ni Xiangyang (Sean), who sale 3,148 shares at the price of $11.08 back on Mar 06. After this action, Ni Xiangyang (Sean) now owns 46,416 shares of Viatris Inc., valued at $34,891 using the latest closing price.
Ni Xiangyang (Sean), the President, Greater China of Viatris Inc., sale 3,093 shares at $11.18 during a trade that took place back on Mar 03, which means that Ni Xiangyang (Sean) is holding 41,729 shares at $34,579 based on the most recent closing price.
Stock Fundamentals for VTRS
Current profitability levels for the company are sitting at:
- +15.51 for the present operating margin
- +41.35 for the gross margin
The net margin for Viatris Inc. stands at +12.85. Equity return is now at value 10.30, with 4.10 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.58.
Conclusion
In conclusion, Viatris Inc. (VTRS) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
