Verisign Inc (NASDAQ: VRSN) – Does It Provide Stability And Growth?

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Verisign Inc (NASDAQ:VRSN) shares, rose in value on Friday, March 28, with the stock price down by -1.50% to the previous day’s close as strong demand from buyers drove the stock to $250.92.

Actively observing the price movement in the last trading, the stock closed the session at $254.74, falling within a range of $250.82 and $254.2593. The value of beta (5-year monthly) was 0.872 whereas the PE ratio was 31.36 over 12-month period. Referring to stock’s 52-week performance, its high was $256.35, and the low was $167.04. On the whole, VRSN has fluctuated by 6.76% over the past month.

With the market capitalization of Verisign Inc currently standing at about $23.74 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-05.

Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.62B, with a low estimate of 400.15M and a high estimate of 400.73M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 400.44M.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that VRSN’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.

The stock’s technical analysis shows that the PEG ratio is about 3.12, with the price of VRSN currently trading nearly 3.82% and 9.09% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 70.23, while the 7-day volatility ratio is showing 1.67% which for the 30-day chart, stands at 1.79%. Furthermore, Verisign Inc (VRSN)’s beta value is 0.89, and its average true range (ATR) is 4.27.

A comparison of Verisign Inc (VRSN) with its peers suggests the former has fared considerably weaker in the market. VRSN showed an intraday change of -1.50% in last session, and over the past year, it grew by 34.11%%.

Data on historical trading for Verisign Inc (NASDAQ:VRSN) indicates that the trading volumes over the past 10 days have averaged 0.85 and over the past 3 months, they’ve averaged 818.08K. According to company’s latest data on outstanding shares, there are 95.00 million shares outstanding.

Nearly 1.09% of Verisign Inc’s shares belong to company insiders and institutional investors own 95.05% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.22 million shares as on 2025-03-14, resulting in a short ratio of 2.51. According to the data, the short interest in Verisign Inc (VRSN) stood at 372.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 1.54 million. The stock has risen by 21.24% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the VRSN stock heading into the next quarter.

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