Viridian Therapeutics Inc [VRDN] stock prices are up 1.81% to $21.37 at the moment. 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 VRDN shares have gain 2.59% over the last week, with a monthly amount glided 13.25%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Wells Fargo downgraded its rating to Equal Weight on December 19, 2024, and dropped its price target to $27. On November 25, 2024, TD Cowen initiated with a Buy rating. Needham reiterated its Buy rating and increased its price target to $38 on September 11, 2024. Wolfe Research initiated its recommendation with a Outperform and recommended $29 as its price target on June 11, 2024. Goldman started tracking with a Buy rating for this stock on June 06, 2024, and assigned it a price target of $23. In a note dated May 09, 2024, Ladenburg Thalmann downgraded an Neutral rating on this stock.
The stock price of Viridian Therapeutics Inc [VRDN] has been fluctuating between $9.90 and $27.20 over the past year. Currently, Wall Street analysts expect the stock to reach $22.79 within the next 12 months. Viridian Therapeutics Inc [NASDAQ: VRDN] shares were valued at $21.37 at the most recent close of the market. An investor can expect a potential return of 6.64% based on the average VRDN price forecast.
Analyzing the VRDN fundamentals
The Viridian Therapeutics Inc [NASDAQ:VRDN] reported sales of 0.30M for trailing twelve months, representing a surge of 4.17%. Gross Profit Margin for this corporation currently stands at 0.6% with Operating Profit Margin at -1218.31%, Pretax Profit Margin comes in at -1128.07%, and Net Profit Margin reading is -1128.07%. To continue investigating profitability, this company’s Return on Assets is posted at -0.59, Equity is -0.55 and Total Capital is -0.7. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.04.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
It’s worth pointing out that Viridian Therapeutics Inc [NASDAQ:VRDN]’s Current Ratio is 11.01. Further, the Quick Ratio stands at 11.01, while the Cash Ratio is 2.23. Considering the valuation of this stock, the price to sales ratio is 5817.07, the price to book ratio is 5.35.
