Is Verona Pharma Plc ADR (VRNA) Stock a Good Buy for Short-term Investors?

A share price of Verona Pharma Plc ADR [VRNA] is currently trading at $48.44, up 3.75%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The VRNA shares have gain 8.10% over the last week, with a monthly amount glided 21.22%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Verona Pharma Plc ADR [NASDAQ: VRNA] stock has seen the most recent analyst activity on January 10, 2025, when ROTH MKM initiated its Buy rating and assigned the stock a price target of $68. Previously, Wells Fargo started tracking the stock with Overweight rating on October 03, 2024, and set its price target to $50. Piper Sandler initiated its recommendation with a Overweight and recommended $31 as its price target on August 26, 2022. H.C. Wainwright started tracking with a Buy rating for this stock on September 13, 2021, and assigned it a price target of $25. In a note dated August 25, 2020, Jefferies initiated an Buy rating and provided a target price of $17 on this stock.

Verona Pharma Plc ADR experienced fluctuations in its stock price throughout the past year between $11.39 and $51.80. Currently, Wall Street analysts expect the stock to reach $55.25 within the next 12 months. Verona Pharma Plc ADR [NASDAQ: VRNA] shares were valued at $48.44 at the most recent close of the market. An investor can expect a potential return of 14.06% based on the average VRNA price forecast.

Analyzing the VRNA fundamentals

Gross Profit Margin for this corporation currently stands at 0.8% with Operating Profit Margin at -23.71%, Pretax Profit Margin comes in at -23.53%, and Net Profit Margin reading is -23.45%. To continue investigating profitability, this company’s Return on Assets is posted at -0.4, Equity is -0.8 and Total Capital is -0.44. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.94.

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 46.82 points at the first support level, and at 45.19 for the second support level. However, for the 1st resistance point, the stock is sitting at 49.86, and for the 2nd resistance point, it is at 51.27.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Verona Pharma Plc ADR [NASDAQ:VRNA] is 13.03. Further, the Quick Ratio stands at 13.03, while the Cash Ratio is 12.02. Considering the valuation of this stock, the price to sales ratio is 697.86, the price to book ratio is 30.38.

Transactions by insiders

Recent insider trading involved ZACCARDELLI DAVID, President and CEO, that happened on Dec 05 ’24 when 0.64 million shares were sold. President and CEO, ZACCARDELLI DAVID completed a deal on Dec 06 ’24 to sell 0.16 million shares. Meanwhile, President and CEO ZACCARDELLI DAVID sold 67608.0 shares on Dec 04 ’24.

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