The trading price of Vera Bradley Inc (NASDAQ:VRA) closed higher on Monday, June 16, and closing at $2.39, 34.27% higher than its previous close.
In examining the 52-week price action we see that the stock hit a 52-week high of $6.99 and a 52-week low of $1.71. Over the past month, the stock has gained 13.27% in value.
Vera Bradley Inc, whose market valuation is $66.76 million at the time of this writing, is expected to release its quarterly earnings report in July. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest VRA has a Hold on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Sell, while an average of long term indicators suggests that the stock is currently 100% Sell.
Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned VRA a recommendation rating is 1. Out of them, 0 rate it a Hold, while 1 recommend Buy, whereas 0 assign an Overweight rating. 0 analyst(s) have tagged Vera Bradley Inc (VRA) as Underweight, while 0 advise Sell. Analysts have rated the stock Buy, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.
A quick review shows that VRA’s price is currently 13.03% off the SMA20 and 17.53% off the SMA50. The RSI metric on the 14-day chart is currently showing 56.85, and weekly volatility stands at 21.18%. When measured over the past 30 days, the indicator reaches 10.39%. Vera Bradley Inc (NASDAQ:VRA)’s beta value is currently sitting at 1.78, while the Average True Range indicator is currently displaying 0.24.
To see how Vera Bradley Inc stock has been performing in comparison to its peers in the industry, here are the numbers: VRA stock’s performance was 34.27% in the latest trading, and -62.77% in the past year.
An evaluation of the daily trading volume of Vera Bradley Inc (NASDAQ:VRA) indicates that the 3-month average is 265.77K.
Currently, records show that 27.92 million of the company’s shares remain outstanding. The insiders hold 30.44% of outstanding shares, whereas institutions hold 70.00%. However, since the stock’s price has seen -39.19% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
