Veren Inc (NYSE:VRN) shares, rose in value, with the stock price down by -0.60% to the previous day’s close as strong demand from buyers drove the stock to $6.66.
Actively observing the price movement in the recent trading, the stock is buoying the session at $6.70, falling within a range of $6.63 and $6.745. The value of beta (5-year monthly) is 2.603 whereas the PE ratio is 21.16 over 12-month period. Referring to stock’s 52-week performance, its high was $9.28, and the low was $4.39. On the whole, VRN has fluctuated by 26.86% over the past month.
With the market capitalization of Veren Inc currently standing at about $4.07 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-26. The company’s Forward Dividend Ratio is 0.33, with its dividend yield at 4.94%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 4.27B, with a low estimate of 963M and a high estimate of 1.06B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.01B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that VRN’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0.69, with the price of VRN currently trading nearly 10.59% and 20.28% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 70.63, while the 7-day volatility ratio is showing 2.13% which for the 30-day chart, stands at 4.44%. Furthermore, Veren Inc (VRN)’s beta value is 1.50, and its average true range (ATR) is 0.22.
A comparison of Veren Inc (VRN) with its peers suggests the former has fared considerably weaker in the market. VRN showed an intraday change of -0.60% in today’s session so far, and over the past year, it shrunk by -16.12%%.
Data on historical trading for Veren Inc (NYSE:VRN) indicates that the trading volumes over the past 10 days have averaged 19.8 and over the past 3 months, they’ve averaged 20.23 million. According to company’s latest data on outstanding shares, there are 611.82 million shares outstanding.
Nearly 2.06% of Veren Inc’s shares belong to company insiders and institutional investors own 40.91% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 15.83 million shares as on 2025-03-14, resulting in a short ratio of 0.58. The stock has risen by 29.57% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the VRN stock heading into the next quarter.
