In Tuesday’s Wall Street session, Viatris Inc (NASDAQ:VTRS) shares traded at $8.60, up 3.74% from the previous session.
VTRS stock price is now 2.12% away from the 50-day moving average and -20.68% away from the 200-day moving average. The market capitalization of the company currently stands at $10.09B.
On October 23, 2023, BofA Securities Downgraded its previous ‘Neutral’ rating to ‘Underperform’ on the stock reducing its target price from $13 to quote $9, while ‘Barclays’ rates the stock as ‘Underweight’
In other news, Smith Scott Andrew, Chief Executive Officer bought 60,000 shares of the company’s stock on May 12 ’25. The stock was bought for $536,262 at an average price of $8.94. Upon completion of the transaction, the Chief Executive Officer now directly owns 292,807 shares in the company, valued at $2.52 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 11 ’24, Campbell Paul sold 26,925 shares of the business’s stock. A total of $346,686 was realized by selling the stock at an average price of $12.88. This leaves the insider owning 126,901 shares of the company worth $1.09 million. A total of 2.55% of the company’s stock is owned by insiders.
During the past 12 months, Viatris Inc has had a low of $6.85 and a high of $13.55. As of last week, the company has a debt-to-equity ratio of 0.92, a current ratio of 1.58, and a quick ratio of 0.86.
The net profit margin was -26.57% and return on equity was -21.25% for VTRS. The company reported revenue of $3.25 billion for the quarter, compared to $3.66 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -11.17 percent. For the current quarter, analysts expect VTRS to generate $3.45B in revenue.
