Veris Residential Inc (VRE) concluded trading on Wednesday at a closing price of $18.20, with 0.48 million shares of worth about $8.65 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 20.77% during that period and on November 27, 2024 the price saw a gain of about 0.17%. Currently the company’s common shares owned by public are about 92.23M shares, out of which, 90.24M shares are available for trading.
Stock saw a price change of -0.27% in past 5 days and over the past one month there was a price change of 8.79%. Year-to-date (YTD), VRE shares are showing a performance of 15.70% which increased to 31.41% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $13.28 but also hit the highest price of $18.85 during that period. The average intraday trading volume for Veris Residential Inc shares is 425.14K. The stock is currently trading 2.02% above its 20-day simple moving average (SMA20), while that difference is up 3.39% for SMA50 and it goes to 13.87% 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
Veris Residential Inc (NYSE: VRE) currently have 92.23M outstanding shares and institutions hold larger chunk of about 96.87% of that.
The stock has a current market capitalization of $1.69B and its 3Y-monthly beta is at 1.27. It has posted earnings per share of -$0.66 in the same period. It has a debt-to-equity ratio of 1.51. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for VRE, volatility over the week remained 1.58% while standing at 2.32% over the month.
Stock’s fiscal year EPS is expected to rise by 72.82% while it is estimated to decrease by -34.88% in next year.
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 BofA Securities on November 12, 2024 offering a Buy rating for the stock and assigned a target price range of between $20 and $23 to it. Coverage by JP Morgan stated Veris Residential Inc (VRE) stock as an Underweight in their note to investors on October 25, 2023, suggesting a price target of $14 for the stock. On July 27, 2023, Evercore ISI Upgrade their recommendations, while on May 16, 2023, Deutsche Bank Upgrade their ratings for the stock with a price target of $19. Stock get a Neutral rating from BofA Securities on November 14, 2022.
