Varonis Systems Inc (VRNS) concluded trading on Thursday at a closing price of $58.96, with 2.6 million shares of worth about $153.25 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 28.99% during that period and on October 10, 2024 the price saw a gain of about 0.58%. Currently the company’s common shares owned by public are about 109.10M shares, out of which, 108.18M shares are available for trading.
Stock saw a price change of 6.06% in past 5 days and over the past one month there was a price change of 15.11%. Year-to-date (YTD), VRNS shares are showing a performance of 30.21% which increased to 94.46% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $29.75 but also hit the highest price of $59.34 during that period. The average intraday trading volume for Varonis Systems Inc shares is 1.42 million. The stock is currently trading 5.43% above its 20-day simple moving average (SMA20), while that difference is up 7.31% for SMA50 and it goes to 21.65% higher than SMA200.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Varonis Systems Inc (NASDAQ: VRNS) currently have 109.10M outstanding shares and institutions hold larger chunk of about 101.13% of that.
The stock has a current market capitalization of $6.61B and its 3Y-monthly beta is at 0.81. It has posted earnings per share of -$0.80 in the same period. It has Quick Ratio of 2.44 while making debt-to-equity ratio of 0.67. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for VRNS, volatility over the week remained 3.02% while standing at 2.66% over the month.
Stock’s fiscal year EPS is expected to drop by -34.27% while it is estimated to increase by 27.45% in next year. EPS is likely to grow at an annualized rate of 9.00% for next 5-years, compared to annual growth of -23.01% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Robert W. Baird on July 30, 2024 offering an Outperform rating for the stock and assigned a target price range of between $52 and $60 to it. Coverage by JP Morgan stated Varonis Systems Inc (VRNS) stock as an Overweight in their note to investors on June 14, 2024, suggesting a price target of $54 for the stock. On February 06, 2024, Wedbush Upgrade their recommendations, while on January 18, 2024, DA Davidson Downgrade their ratings for the stock with a price target of $45. Stock get a Positive rating from Susquehanna on December 15, 2023.
