As of Wednesday close, Viatris Inc.’s (NASDAQ:VTRS) stock was down -$0.05, moving down -0.45 percent to $11.02. The average number of shares traded per day over the past five days has been 6,884,500 shares. 3 times new highs have been achieved over the past 5 days, with a -$0.06 fall in that time frame. In the last twenty days, the average volume was 10,381,285, while in the previous 50 days, it was 10,063,290.
Since last month, VTRS stock rose 12.68%. Shares of the company fell to $9.36 on 10/24/22, the lowest level in the past month. A 52-week high of $15.60 was reached on 02/09/22 after having rallying from a 52-week low of $8.42. Since the beginning of this year, VTRS’s stock price has dropped by -18.55% or -$2.51, and marked a new high 8 times. However, the stock has declined by -29.36% since its 52-week high.
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VTRS stock investors should be aware that Viatris Inc. (VTRS) stock had its last reported insider trading activity 100 days ago on Aug 17. van der Meer Mohr Pauline, the Director of the company, disposed of 9,440 shares for $10.58 on Aug 17. It resulted in a $99,912 divestment by the insider. Taddese Menassie sold 8,813 shares at an average price of $12.07 on May 27. The insider now owns 0 shares following the transaction. On Mar 15, Director CORNWELL W DON bought 2,700 shares at $9.90 apiece. The transaction was valued at $26,721.
Right now, Viatris Inc. (VTRS) has a P/E ratio of about 16.70. The stock’s beta is 1.20. Besides these, the trailing price-to-sales (P/S) ratio of 0.80, the price-to-book (PB) ratio of 0.70, and the price-to-cash flow ratio of 5.75 may also be considered.
The latest dividend of $0.12 per share was paid out, remained unchanged from last year’s $0.12. On Thursday January 6 2022, a $0.01 dividend increase was announced.
In the three months ended June 29, Viatris Inc.’s quick ratio stood at 1.10, while its current ratio was 1.60, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.98, and the total debt-to-equity ratio was 1.04. On the profitability front, the trailing twelve-month gross margin is 43.20% percent. In the year ended June 29, operating margins totaled 10.30%. Based on annual data, VTRS earned $5.58 billion in gross profit and brought in $17.89 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -1.50%. Return on equity (ROE) for the past 12 months was 4.00%.
In Viatris Inc.’s quarter-end financial report for June 29, it reported total debt of $18.72 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. VTRS’s revenue fell -11.24% to $4.12 billion during the quarter, while net income inched up to $4.08 billion. While analysts expected Viatris Inc. to report $0.83 quarterly earnings, the actual figure was $0.88 per share, beating the consensus estimate by 6.00%. During the quarter, the company generated $1.26 billion in EBITDA. The liabilities of Viatris Inc. were 29.48 billion at the end of its most recent quarter ended June 29, and its total debt was $21.26 billion. The value of shareholders’ equity is $1.21 billion.
This quick technical analysis looks at Viatris Inc.’s (VTRS) price momentum. With a historical volatility rate of 18.27%, the RSI 9-day stood at 57.68% on 23 November.
With respect to its five-day moving average, the current Viatris Inc. price is down by -0.54% percent or -$0.06. At present, VTRS shares trade +10.53% above its 20-day simple moving average and +4.95% percent above its 100-day simple moving average. However, the stock is currently trading approximately +16.86% above its SMA50 and -27.60% below its SMA200.
Stochastic coefficient K was 66.31% and Stochastic coefficient D was 65.59%, while ATR was 0.34. Given the Stochastic reading of 64.58% for the 14-day period, the RSI (14) reading has been calculated as 59.96%. As of today, the MACD Oscillator reading stands at -0.11, while the 14-day reading stands at 0.03.
UBS upgraded its rating on Viatris Inc. (NASDAQ: VTRS) to a Neutral in a note to investors on November 10, 2022. The analysts firm previously had a Sell rating on the stock.Viatris Inc. (VTRS) has been rated Hold by analysts. According to 0 brokerage firms, VTRS is a sell, and 10 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Viatris Inc. stock as buy, with 2 recommending it as overweight.
With a median target price of $12.50, the current consensus forecast for the stock is $10.00 – $16.00. Based on these forecasts, analysts predict Viatris Inc. (VTRS) will achieve an average price target of $12.80.