The 36-month beta value for VRN is at 2.18. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for VRN is 603.55M, and currently, shorts hold a 2.15% of that float. The average trading volume for VRN on August 20, 2024 was 2.67M shares.
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VRN) stock’s latest price update
Veren Inc. (NYSE: VRN)’s stock price has plunge by -2.18relation to previous closing price of 7.35. Nevertheless, the company has seen a 0.70% surge in its stock price over the last five trading sessions. seekingalpha.com reported 2024-07-25 that Veren Inc. reported C$0.99 in adjusted funds flow from operations, with stock trading at just over two times that figure when annualized. Management completed asset sales to reduce net debt to C$3.0 billion. Declining natural gas prices impacted per share earnings.
VRN’s Market Performance
Veren Inc. (VRN) has seen a 0.70% rise in stock performance for the week, with a -8.06% decline in the past month and a -18.67% plunge in the past quarter. The volatility ratio for the week is 1.87%, and the volatility levels for the past 30 days are at 3.42% for VRN. The simple moving average for the past 20 days is -1.03% for VRN’s stock, with a -4.81% simple moving average for the past 200 days.
VRN Trading at -5.53% from the 50-Day Moving Average
After a stumble in the market that brought VRN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -22.52% of loss for the given period.
Volatility was left at 3.42%, however, over the last 30 days, the volatility rate increased by 1.87%, as shares sank -7.09% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.04% lower at present.
During the last 5 trading sessions, VRN rose by +0.98%, which changed the moving average for the period of 200-days by -10.77% in comparison to the 20-day moving average, which settled at $7.24. In addition, Veren Inc. saw 3.75% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for VRN
Current profitability levels for the company are sitting at:
- 0.33 for the present operating margin
- 0.36 for the gross margin
The net margin for Veren Inc. stands at 0.0. The total capital return value is set at 0.09. Equity return is now at value 4.41, with 2.58 for asset returns.
Based on Veren Inc. (VRN), the company’s capital structure generated 0.31 points at debt to capital in total, while cash flow to debt ratio is standing at 0.64. The debt to equity ratio resting at 0.45. The interest coverage ratio of the stock is 5.5.
Currently, EBITDA for the company is 1.68 billion with net debt to EBITDA at 1.51. When we switch over and look at the enterprise to sales, we see a ratio of 3.16. The receivables turnover for the company is 7.48for trailing twelve months and the total asset turnover is 0.25. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.49.
Conclusion
In conclusion, Veren Inc. (VRN) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
