Vir Biotechnology Inc (NASDAQ: VIR)’s stock price has gone rise by 3.00 in comparison to its previous close of 7.16, however, the company has experienced a -0.81% decrease in its stock price over the last five trading days. businesswire.com reported 2024-12-18 that SAN FRANCISCO–(BUSINESS WIRE)–Vir Biotechnology Inc. (NASDAQ: VIR) today announced that Marianne De Backer, M.Sc., Ph.D., MBA, Chief Executive Officer, will present at the 43rd Annual J.P. Morgan Healthcare Conference on Tuesday, January 14, at 4:30 p.m. PT in San Francisco, California. A live webcast of the presentation will be made available under Events & Presentations in the Investors section of the Vir Biotechnology website at www.vir.bio and will be archived there for 30 days. About.
Is It Worth Investing in Vir Biotechnology Inc (NASDAQ: VIR) Right Now?
The 36-month beta value for VIR is also noteworthy at 0.51. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 4 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”
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The public float for VIR is 87.70M, and at present, short sellers hold a 7.03% of that float. The average trading volume of VIR on December 20, 2024 was 1.23M shares.
VIR’s Market Performance
VIR’s stock has seen a -0.81% decrease for the week, with a 6.35% rise in the past month and a -5.03% fall in the past quarter. The volatility ratio for the week is 5.96%, and the volatility levels for the past 30 days are at 6.69% for Vir Biotechnology Inc. The simple moving average for the past 20 days is -5.48% for VIR’s stock, with a -17.26% simple moving average for the past 200 days.
Analysts’ Opinion of VIR
Many brokerage firms have already submitted their reports for VIR stocks, with JP Morgan repeating the rating for VIR by listing it as a “Neutral.” The predicted price for VIR in the upcoming period, according to JP Morgan is $9 based on the research report published on January 29, 2024 of the current year 2024.
BofA Securities, on the other hand, stated in their research note that they expect to see VIR reach a price target of $14, previously predicting the price at $23. The rating they have provided for VIR stocks is “Neutral” according to the report published on September 08th, 2023.
JP Morgan gave a rating of “Overweight” to VIR, setting the target price at $34 in the report published on March 06th of the previous year.
VIR Trading at -8.07% from the 50-Day Moving Average
After a stumble in the market that brought VIR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -43.70% of loss for the given period.
Volatility was left at 6.69%, however, over the last 30 days, the volatility rate increased by 5.96%, as shares surge +9.35% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.55% upper at present.
During the last 5 trading sessions, VIR fell by -0.81%, which changed the moving average for the period of 200-days by -32.51% in comparison to the 20-day moving average, which settled at $7.80. In addition, Vir Biotechnology Inc saw -26.74% 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 VIR starting from de Verneuil Vanina, who sale 76 shares at the price of $8.22 back on Dec 02 ’24. After this action, de Verneuil Vanina now owns 56,973 shares of Vir Biotechnology Inc, valued at $625 using the latest closing price.
VANINA ALEXANDRA HUARD DE VERN, the Officer of Vir Biotechnology Inc, proposed sale 76 shares at $8.22 during a trade that took place back on Dec 02 ’24, which means that VANINA ALEXANDRA HUARD DE VERN is holding shares at $625 based on the most recent closing price.
Stock Fundamentals for VIR
Current profitability levels for the company are sitting at:
- -6.58 for the present operating margin
- 0.82 for the gross margin
The net margin for Vir Biotechnology Inc stands at -6.78. The total capital return value is set at -0.37. Equity return is now at value -36.58, with -30.10 for asset returns.
Based on Vir Biotechnology Inc (VIR), the company’s capital structure generated 0.07 points at debt to capital in total, while cash flow to debt ratio is standing at -5.0. The debt to equity ratio resting at 0.08. The interest coverage ratio of the stock is -2165.5.
Currently, EBITDA for the company is -664.85 million with net debt to EBITDA at 0.1. When we switch over and look at the enterprise to sales, we see a ratio of 12.2. The liquidity ratio also appears to be rather interesting for investors as it stands at 8.94.
Conclusion
In summary, Vir Biotechnology Inc (VIR) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others 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.
