rts logo

These Numbers Show Favorable Signs for Verona Pharma Plc ADR (VRNA)

Verona Pharma Plc ADR (NASDAQ: VRNA) is 61.02% higher on its value in year-to-date trading and has touched a low of $11.39 and a high of $31.83 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The VRNA stock was last observed hovering at around $30.81 in the last trading session, with the day’s gains setting it 1.2%.

Currently trading at $32.01, the stock is 10.19% and 20.50% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.17 million and changing 3.89% at the moment leaves the stock 68.28% off its SMA200. VRNA registered 111.01% gain for a year compared to 6-month gain of 88.07%. The firm has a 50-day simple moving average (SMA 50) of $26.7608 and a 200-day simple moving average (SMA200) of $19.09305.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The stock witnessed a 18.42% loss in the last 1 month and extending the period to 3 months gives it a 88.18%, and is 11.30% 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 5.12% over the week and 5.23% over the month.

Verona Pharma Plc ADR (VRNA) has around 79 employees, a market worth around $2.60B and $0.00M in sales. Distance from 52-week low is 181.04% and 0.58% from its 52-week high. The company has generated returns on investments over the last 12 months (-32.54%).

The EPS is expected to shrink by -222.22% this year.

Verona Pharma Plc ADR (VRNA) Top Institutional Holders

170.0 institutions hold shares in Verona Pharma Plc ADR (VRNA), with institutional investors hold 95.39% of the company’s shares. The shares outstanding are 80.44M, and float is at 62.79M with Short Float at 14.09%. Institutions hold 92.38% of the Float.

The top institutional shareholder in the company is RA CAPITAL MANAGEMENT, L.P. with over 7.63 million shares valued at $110.37 million. The investor’s holdings represent 9.4566% of the VRNA Shares outstanding. As of 2024-06-30, the second largest holder is NEA MANAGEMENT COMPANY, LLC with 5.58 million shares valued at $80.76 million to account for 6.9193 of the shares outstanding. The other top investors are DEEP TRACK CAPITAL, LP which holds 4.0 million shares representing 4.9559% and valued at over $57.84 million, while VIVO CAPITAL, LLC holds 4.398 of the shares totaling 3.55 million with a market value of $51.33 million.

Verona Pharma Plc ADR (VRNA) Insider Activity

The most recent transaction is an insider sale by ZACCARDELLI DAVID, the company’s President and CEO. SEC filings show that ZACCARDELLI DAVID sold 600,000 shares of the company’s common stock on Sep 11 ’24 at a price of $3.76 per share for a total of $2.25 million. Following the sale, the insider now owns 15.25 million shares.

Verona Pharma Plc ADR disclosed in a document filed with the SEC on Sep 11 ’24 that Hahn Mark W (Chief Financial Officer) sold a total of 600,000 shares of the company’s common stock. The trade occurred on Sep 11 ’24 and was made at $3.76 per share for $2.25 million. Following the transaction, the insider now directly holds 14.34 million shares of the VRNA stock.

Still, SEC filings show that on Sep 11 ’24, MARK HAHN (Officer) Proposed Sale 75,000 shares at an average price of $28.04 for $2.1 million. The insider now directly holds shares of Verona Pharma Plc ADR (VRNA).

Related Posts