Currently, there are 611.82M common shares owned by the public and among those 599.20M shares have been available to trade.
The company’s stock has a 5-day price change of 5.78% and 52.48% over the past three months. VRN shares are trading 31.71% year to date (YTD), with the 12-month market performance down to -14.63% lower. It has a 12-month low price of $4.39 and touched a high of $9.28 over the same period. VRN has an average intraday trading volume of 20.10 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 16.90%, 23.97%, and 9.33% respectively.
Institutional ownership of Veren Inc (NYSE: VRN) shares accounts for 40.91% of the company’s 611.82M shares outstanding.
It has a market capitalization of $4.14B and a beta (3y monthly) value of 1.53. The stock’s trailing 12-month PE ratio is 21.51, while the earnings-per-share (ttm) stands at $0.31. The company has a PEG of 0.71 and a Quick Ratio of 0.57 with the debt-to-equity ratio at 0.45. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.59% over the week and 4.54% over the month.
Analysts forecast that Veren Inc (VRN) will achieve an EPS of 0 for the current quarter, 0 for the next quarter and 1.16 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0 while analysts give the company a high EPS estimate of 0. Earnings per share for the fiscal year are expected to increase by 209.57%, and -23.31% over the next financial year.
Scotiabank on their part issued Sector Outperform rating on February 23, 2021.
