With 0.72 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.5 million shares. The 52-week range on VERI shows that it touched its highest point at $5.64 and its lowest point at $1.45 during that stretch. It currently has a 1-year price target of $4.50. Beta for the stock currently stands at 2.74.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of VERI was down-trending over the past week, with a drop of -13.37%, but this was down by -26.96% over a month. Three-month performance dropped to -38.93% while six-month performance fell -44.19%. The stock lost -49.83% in the past year, while it has lost -54.57% so far this year. A look at the trailing 12-month EPS for VERI yields -2.48 with Next year EPS estimates of -0.14. For the next quarter, that number is -0.18. This implies an EPS growth rate of 31.90% for this year and 75.32% for next year.
Float and Shares Shorts:
At present, 44.86 million VERI shares are outstanding with a float of 36.24 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for VERI since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.72467 being high and -$0.85597 being low. For VERI, this leads to a yearly average estimate of -$0.78618.