Veren Inc. (NYSE:VRN) traded at $6.46 at close of the session on current trade day and made a downward move of -0.31% on its previous day’s price.
Looking at the stock we see that its previous close was $6.48 and the beta (5Y monthly) reads 2.688 with the day’s price range being $6.39 – $6.48. In terms of its 52-week price range, VRN has a high of $9.28 and a low of $6.03. The company’s stock has gained about 1.73% over that past 30 days.
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
Veren Inc. has a market cap of $3.99 billion and is expected to release its quarterly earnings report in November. With its Forward Dividend at 0.33 and a yield of 5.08%, the company’s investors could be anxious for the VRN stock to gain ahead of the earnings release.
On the other hand, looking at the outlook for the VRN stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 100% Sell.
Looking further, we note the current price level is 0.69% off its SMA20 and -4.08% from its 50-day simple moving average. The RSI (14) is pointing at 46.72 while the volatility over the past week is 1.83% and jumps to 2.71% over the past one month. The beta value is 2.16, while the average true range (ATR) is currently pointing at 0.19.
Coming back to Veren Inc. (NYSE:VRN), we note that the average 3-month trading volume was 3.80 million, while that of the preceding 10-day period stands at 5.95 million. Current shares outstanding are 619.93 million.
The insiders hold 2.24% of the company’s shares while institutions hold 46.33%. The data shows that short shares as of 2024-09-30, stood at 14.81 million at a short ratio of 3.09. Shares short rose in September from the previous month at 12.55 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -6.78% down in year-to-date price movement.
