Verra Mobility Corp (NASDAQ:VRRM) shares, rose in value on Friday, March 28, with the stock price down by -2.93% to the previous day’s close as strong demand from buyers drove the stock to $20.19.
Actively observing the price movement in the last trading, the stock closed the session at $20.80, falling within a range of $20.145 and $20.89. The value of beta (5-year monthly) was 1.302 whereas the PE ratio was 115.50 over 12-month period. Referring to stock’s 52-week performance, its high was $31.03, and the low was $19.51. On the whole, VRRM has fluctuated by -22.20% over the past month.
With the market capitalization of Verra Mobility Corp currently standing at about $3.22 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-26.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 930.44M, with a low estimate of 213.37M and a high estimate of 219.76M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 216.94M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that VRRM’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 10.02, with the price of VRRM currently trading nearly -3.54% and -15.90% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 30.31, while the 7-day volatility ratio is showing 2.27% which for the 30-day chart, stands at 3.47%. Furthermore, Verra Mobility Corp (VRRM)’s beta value is 0.95, and its average true range (ATR) is 0.64.
A comparison of Verra Mobility Corp (VRRM) with its peers suggests the former has fared considerably weaker in the market. VRRM showed an intraday change of -2.93% in last session, and over the past year, it shrunk by -18.56%%.
Data on historical trading for Verra Mobility Corp (NASDAQ:VRRM) indicates that the trading volumes over the past 10 days have averaged 1.23 and over the past 3 months, they’ve averaged 1.19 million. According to company’s latest data on outstanding shares, there are 159.59 million shares outstanding.
Nearly 0.81% of Verra Mobility Corp’s shares belong to company insiders and institutional investors own 102.53% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.82 million shares as on 2025-03-14, resulting in a short ratio of 1.92. According to the data, the short interest in Verra Mobility Corp (VRRM) stood at 240.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 2.71 million. The stock has fallen by -16.50% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the VRRM stock heading into the next quarter.
