Let’s start up with the current stock price of Verra Mobility Corporation (VRRM), which is $14.64 to be very precise. The Stock rose vividly during the last session to $14.67 after opening rate of $13.66 while the lowest price it went was recorded $13.66 before closing at $13.44.
Recently in News on May 3, 2021, Verra Mobility Provides Business Update. Verra Mobility (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announces that it has received authorization to proceed with an order for 720 additional school zone speed cameras for the New York City Department of Transportation (“NYCDOT”). This authorization is related to Mayor DeBlasio’s May 24, 2019 announcement regarding NYCDOT’s intention to rapidly and substantially scale up its school zone speed-camera program. Under this expanded program, Verra Mobility has already installed 1,020 speed safety cameras through 2020 and expects to install the additional 720 cameras in 2021. Details on New York City’s Vision Zero program can be found here. You can read further details here
Verra Mobility Corporation had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $15.38 on 03/08/21, with the lowest value was $12.54 for the same time period, recorded on 01/12/21.
Verra Mobility Corporation (VRRM) full year performance was 73.87%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Verra Mobility Corporation shares are logging -4.81% during the 52-week period from high price, and 78.54% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $8.20 and $15.38.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 1302091 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Verra Mobility Corporation (VRRM) recorded performance in the market was 9.09%, having the revenues showcasing 11.76% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 2.48B, as it employees total of 640 workers.
Analysts verdict on Verra Mobility Corporation (VRRM)
During the last month, 0 analysts gave the Verra Mobility Corporation a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 13.83, with a change in the price was noted +1.51. In a similar fashion, Verra Mobility Corporation posted a movement of +11.50% for the period of last 100 days, recording 793,921 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for VRRM is recording 2.43 at the time of this writing. In addition, long term Debt to Equity ratio is set at 2.40.
Verra Mobility Corporation (VRRM): Technical Analysis
Raw Stochastic average of Verra Mobility Corporation in the period of last 50 days is set at 68.64%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 97.67%. In the last 20 days, the company’s Stochastic %K was 53.94% and its Stochastic %D was recorded 42.93%.
Let’s take a glance in the erstwhile performances of Verra Mobility Corporation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 9.09%. Additionally, trading for the stock in the period of the last six months notably improved by 52.34%, alongside a boost of 73.87% for the period of the last 12 months. The shares increased approximately by 6.86% in the 7-day charts and went up by 4.20% in the period of the last 30 days. Common stock shares were driven by 11.76% during last recorded quarter.