In the past 52-week period, shares of Verso Corporation (NYSE:VRS) have moved within the range of $3.17 to $17.77. On the stock’s most recent trading day, the company’s shares ended the regular session at $17.11, which is 3.71% lower than its 52-week high.
Verso Corporation (VRS) has demonstrated a 20-day simple moving average (SMA) of 22.71%, and a 50-day SMA of 61.83%. This public company’s current market capitalization stands at $589.54 million.Analyzing Consensus Estimates, Sales Revenue and Net Income
When considering entering a position, it is crucial to understand the average enthusiasm level expressed by Wall Street analysts for that particular stock. According to the latest data, the consensus recommendation for Verso Corporation (VRS) is Buy.
Publicly-traded organizations typically post revenue and earnings results that fall either above or below the average Wall Street estimate. In the most recent quarterly financial report, for the quarter ending Sep. 2017, Verso Corporation (VRS) delivered a 1.85% surprise with its net revenue. Sales reached $0.62 billion during the three-month period, compared to the average analyst estimate of $0.63 billion.
Meanwhile, during the same quarter Verso Corporation (VRS) delivered a 68.91% earnings surprise. Net earnings for the quarter were posted at $0.12 per share, whereas Wall Street had forecast $0.39 per share.Ownership at Verso Corporation (VRS), According to Most Recent SEC Filings
We can find critical insight by examining institutional ownership, which are reported in public companies’ most recent 13F filings. Verso Corporation (VRS) has 0 billion shares outstanding currently, 55.13% of which belong to institutional investors. Those institutional holdings amount to $0.33 billion.
Additionally, according to the most recent 13F filing from Verso Corporation (VRS), there were 7 new positions totaling 97,276 shares of the company’s stock. There were 4 sold out positions, on the other hand, totaling 39,822 shares.Short, Medium and Long Term Indicators
A stock’s average trade volume, as recorder over the short, medium and long terms, is helpful to analyze in order to gain a better understanding of trading activity and investor sentiment. Verso Corporation (VRS) has had a 20-day average volume of 768,565 shares, with an average of 40% of short term indicators pointed at Buy.
The stock’s 50-day average volume has been 649,314 shares, with an average of 50% of medium term indicators pointing toward Buy. Finally, its 100-day average volume is 401,877 shares with 100% of long-term indicators pointing to Buy.