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Viatris Inc (VTRS) Looks Ready for Growth Despite -0.28% Change This Year

Viatris Inc (NASDAQ: VTRS) is -0.28% lower on its value in year-to-date trading and has touched a low of $8.74 and a high of $13.62 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The VTRS stock was last observed hovering at around $10.61 in the last trading session, with the day’s gains setting it 0.19%.

Currently trading at $10.80, the stock is 3.67% and -0.13% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.79 million and changing 1.79% at the moment leaves the stock -0.20% off its SMA200. VTRS registered 9.53% gain for a year compared to 6-month loss of -9.85%.

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The stock witnessed a 3.65% gain in the last 1 month and extending the period to 3 months gives it a -8.09%, and is 1.98% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.03% over the week and 2.91% over the month.

Viatris Inc (VTRS) has around 38000 employees, a market worth around $12.86B and $15.32B in sales. Fwd P/E is 3.92. Profit margin for the company is -0.37%. Distance from 52-week low is 23.57% and -20.69% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.15%).

The EPS is expected to shrink by -7.24% this year.

Viatris Inc (VTRS) Top Institutional Holders

The shares outstanding are 1.20B, and float is at 1.17B with Short Float at 4.41%.

Viatris Inc (VTRS) Insider Activity

The most recent transaction is an insider sale by Malik Rajiv,the company’sDirector. SEC filings show that Malik Rajiv sold 264,300 shares of the company’s common stock on Jun 14 ’24 at a price of $10.18 per share for a total of $2.69 million. Following the sale, the insider now owns 0.65 million shares.

Viatris Inc disclosed in a document filed with the SEC on Jun 13 ’24 that Malik Rajiv (Director) sold a total of 85,660 shares of the company’s common stock. The trade occurred on Jun 13 ’24 and was made at $10.52 per share for $0.9 million. Following the transaction, the insider now directly holds 0.91 million shares of the VTRS stock.

Still, SEC filings show that on May 28 ’24, Roman Brian (Chief Legal Officer) disposed off 89,419 shares at an average price of $10.38 for $0.93 million. The insider now directly holds 67,723 shares of Viatris Inc (VTRS).

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