Vir Biotechnology Inc (VIR) Shares Gain 0.14% Over Last Week

Vir Biotechnology Inc [VIR] stock is trading at $7.34, up 0.14%. An important factor to consider is whether the stock is rising or falling in short-term value. The VIR shares have gain 0.14% over the last week, with a monthly amount drifted -6.26%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Vir Biotechnology Inc [NASDAQ: VIR] stock has seen the most recent analyst activity on January 29, 2024, when JP Morgan downgraded its rating to a Neutral and also revised its price target to $9 from $23. Previously, BofA Securities downgraded its rating to Neutral on September 08, 2023, and dropped its price target to $14. On March 06, 2023, upgrade upgraded it’s rating to Overweight and revised its price target to $34 on the stock. Goldman upgraded its rating to a Buy and increased its price target to $53 on February 21, 2023. Morgan Stanley upgraded its rating to a Equal-Weight and raised its price target to $30 on January 27, 2023. SVB Leerink started tracking with a Outperform rating for this stock on September 14, 2022, and assigned it a price target of $40. In a note dated September 09, 2022, Morgan Stanley initiated an Underweight rating and provided a target price of $15 on this stock.

Vir Biotechnology Inc [VIR] stock has fluctuated between $7.12 and $13.09 over the past year. Currently, Wall Street analysts expect the stock to reach $26.6 within the next 12 months. Vir Biotechnology Inc [NASDAQ: VIR] shares were valued at $7.34 at the most recent close of the market. An investor can expect a potential return of 262.4% based on the average VIR price forecast.

Analyzing the VIR fundamentals

Vir Biotechnology Inc [NASDAQ:VIR] reported sales of 78.88M for the trailing twelve months, which represents a drop of -19.02%. Gross Profit Margin for this corporation currently stands at 0.8% with Operating Profit Margin at -6.73%, Pretax Profit Margin comes in at -6.82%, and Net Profit Margin reading is -6.7%. To continue investigating profitability, this company’s Return on Assets is posted at -0.29, Equity is -0.31 and Total Capital is -0.31. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.08.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 7.21 points at the first support level, and at 7.09 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.45, and for the 2nd resistance point, it is at 7.57.

Ratios To Look Out For

For context, Vir Biotechnology Inc’s Current Ratio is 12.51. On the other hand, the Quick Ratio is 12.51, and the Cash Ratio is 3.22. Considering the valuation of this stock, the price to sales ratio is 12.71, the price to book ratio is 0.70.

Transactions by insiders

Recent insider trading involved Napolitano Janet, Director, that happened on Sep 09 ’24 when 12190.0 shares were sold. Director, JANET ANN NAPOLITANO completed a deal on Sep 09 ’24 to buy 12190.0 shares. Meanwhile, Director Ramasastry Saira sold 4000.0 shares on Jun 11 ’24.

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