Verisk Analytics Inc (NASDAQ:VRSK) shares, rose in value, with the stock price down by -0.74% to the previous day’s close as strong demand from buyers drove the stock to $221.14.
Actively observing the price movement in the last trading, the stock closed the session at $222.79. The value of beta (5-year monthly) was 0.77 whereas the PE ratio was 52.60 over 12-month period. Referring to stock’s 52-week performance, its high was $251.98, and the low was $187.86. On the whole, VRSK has fluctuated by -5.47% over the past month.
With the market capitalization of Verisk Analytics Inc currently standing at about $31.71 billion, investors are eagerly awaiting this quarter’s results, scheduled for May 01, 2024. The company’s Forward Dividend Ratio is 1.41, with its dividend yield at 0.64%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.88B, with a low estimate of 685.4M and a high estimate of 705.51M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 699.06M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that VRSK’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 4.14, with the price of VRSK currently trading nearly -2.07% and -5.32% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 32.53, while the 7-day volatility ratio is showing 1.37% which for the 30-day chart, stands at 1.47%. Furthermore, Verisk Analytics Inc (VRSK)’s beta value is 0.78, and its average true range (ATR) is 3.30.
A comparison of Verisk Analytics Inc (VRSK) with its peers suggests the former has fared considerably weaker in the market. VRSK showed an intraday change of -0.74% in last session, and over the past year, it grew by 16.25%%.
Data on historical trading for Verisk Analytics Inc (NASDAQ:VRSK) indicates that the trading volumes over the past 3 months, they’ve averaged 909.47K. According to company’s latest data on outstanding shares, there are 143.31 million shares outstanding.
Nearly 0.74% of Verisk Analytics Inc’s shares belong to company insiders and institutional investors own 91.64% of the company’s shares. The stock has fallen by -7.42% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the VRSK stock heading into the next quarter.
