In last trading session, Viridian Therapeutics Inc (NASDAQ:VRDN) saw 1.46 million shares changing hands with its beta currently measuring 1.07. Company’s recent per share price level of $14.84 trading at $0.37 or 2.56% at ring of the bell on the day assigns it a market valuation of $948.13M. That closing price of VRDN’s stock is at a discount of -62.94% from its 52-week high price of $24.18 and is indicating a premium of 26.35% from its 52-week low price of $10.93. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.73 million shares which gives us an average trading volume of 1.01 million if we extend that period to 3-months.
For Viridian Therapeutics Inc (VRDN), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.24. Splitting up the data highlights that, out of 11 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 10 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -1.05 in the current quarter.
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Viridian Therapeutics Inc (NASDAQ:VRDN) trade information
Upright in the green during last session for gaining 2.56%, in the last five days VRDN remained trading in the red while hitting it’s week-highest on Thursday, 08/29/24 when the stock touched $14.84 price level, adding 4.87% to its value on the day. Viridian Therapeutics Inc’s shares saw a change of -31.86% in year-to-date performance and have moved -0.90% in past 5-day. Viridian Therapeutics Inc (NASDAQ:VRDN) showed a performance of 0.41% in past 30-days. Number of shares sold short was 8.0 million shares which calculate 7.81 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 35 to the stock, which implies a rise of 57.6% to its current value. Analysts have been projecting 20 as a low price target for the stock while placing it at a high target of 51. It follows that stock’s current price would drop -34.77% in reaching the projected high whereas dropping to the targeted low would mean a loss of -34.77% for stock’s current value.
Viridian Therapeutics Inc (VRDN) estimates and forecasts
Statistics highlight that Viridian Therapeutics Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -18.06% of value to its shares in past 6 months, showing an annual growth rate of 25.24% while that of industry is 17.60. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -10.80% from the last financial year’s standing.
14 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 50k for the same. And 14 analysts are in estimates of company making revenue of 50k in the next quarter. Company posted 72k and 72k of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 20.35% during past 5 years.
Viridian Therapeutics Inc (NASDAQ:VRDN)’s Major holders
Insiders are in possession of 0.01% of company’s total shares while institution are holding 111.06 percent of that, with stock having share float percentage of 111.07%. Investors also watch the number of corporate investors in a company very closely, which is 111.06% institutions for Viridian Therapeutics Inc that are currently holding shares of the company. FMR LLC is the top institutional holder at VRDN for having 9.57 million shares of worth $124.55 million. And as of 2024-06-30, it was holding 15.6686 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 4.77 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.8129 of outstanding shares, having a total worth of $62.1 million.
