Buy Vir Biotechnology Inc (VIR) today, based on long-term indicators on the stock

Vir Biotechnology Inc (VIR) saw an uptrend of 12.88% in the recent trading with $9.20 being its most recent. The current price level -29.72% lower than the highest price of $13.09 marked by the stock while trading over the past 52-weeks, whereas it is 40.24% higher than the lowest price of $6.56 the company dropped to over past 52-weeks. The latest news story on VIR appeared in (Investor’s Business Daily) under the title “Janux Catapults 49% On ‘Unprecedented’ Results In Prostate Cancer; Vir Goes For A Ride”.

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Squeezing the time span to 30 day period shows us the stock is currently trading -11.88% below one month high and is +40.24% above of the lowest during that time. Looking into the simple moving average, Vir Biotechnology Inc (VIR)’s stock stands at a SMA-50 of $7.93 while that of 5-day is reading $8.16.

Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and VIR’s SMA-200 as of now is $9.10.

Do analysts rate it as a buy, sell or hold?

Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Strong Buy by 10 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.78 for the stock.

Vir Biotechnology Inc Earnings – What Happened With VIR

Coming around sales and income figures on VIR Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Vir Biotechnology Inc (VIR) last released financial results for the quarter that ended 9/30/2024, posting a surprise factor of 13.95% for net revenue.

VIR – Vir Biotechnology Inc Stock Earnings Estimates

The perspective of Vir Biotechnology Inc (NASDAQ:VIR)’s current quarter earnings identifies that analysts are in consensus over the estimate of -1 for stock’s EPS in the current quarter. Company’s EPS for the last quarter was -0.86.

Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 136.71 million. VIR does have institutional investors; and they hold 49.46% of the stock.

Vir Biotechnology Inc – Insider Activity and Holdings

As on 2024-06-30, SB INVESTMENT ADVISERS (UK) LTD was the top most holder in Vir Biotechnology Inc (NASDAQ:VIR) with an ownership of 16.68 million shares of the company or 12.3329 of the stake worth $148.49 million. The filing also reveals BLACKROCK INC. as the second largest holder in the company with a control over 12.1482 of the outstanding shares. Its stake is worth $146.26 million for having 16.43 million shares in hand.

VANGUARD GROUP INC also came holding a key position in the company during the recent quarter and it now holds 9.4982 of the outstanding shares. With this there are now 300.0 institutions which have possession in VIR’s shares.

Currently, the stock has been recommended as Strong Buy by 10 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.78 for the stock.

The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Vir Biotechnology Inc has a debt to equity ratio of 0.09.

Technical Analysis of Vir Biotechnology Inc (NASDAQ:VIR) stock

To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Vir Biotechnology Inc (VIR), we notice that the stock’s 20-day average volume is at 1,420,880 shares. Medium term indicators at an average of 50% are spotting the stock at Sell with its 50-day average volume of 1,198,092 shares. And to end, VIR’s 100-day average volume is 989,599 shares with 50% of the long-term indicators pointing towards Buy for the stock.