Verve Therapeutics Inc Shares Close the Day 11.9% Lower - Daily Wrap

The company saw its shares close the day 11.9% lower than yesterday, with trading volume higher than its 30 day average.

Sep 16, 2022 by Kwhen Finance Editors

Verve Therapeutics Inc Shares Close the Day 11.9% Lower - Daily Wrap
Verve Therapeutics Inc (VERV) shares closed today 11.9% lower than it did at the end of yesterday. The stock is currently down 0.9% year-to-date, down 47.7% over the past 12 months, and up 14.5% over the past five years. Today, the Dow Jones Industrial Average fell 0.5%, and the S&P 500 fell 0.8%.

Trading Activity

  • Shares traded as high as $41.96 and as low as $34.25 this week.
  • Shares closed 38.9% below its 52-week high and 241.6% above its 52-week low.
  • Trading volume this week was 25.3% lower than the 10-day average and 15.8% higher than the 30-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 2.1.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was between 30 and 70.
  • MACD, a trend-following momentum indicator, indicates a downward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.
  • The stock closed at 6.5% lower than its 5-day moving average, 4.2% lower than its 20-day moving average, and 49.7% higher than its 90-day moving average.

Market Comparative Performance

  • The company's share price lags the S&P 500 Index today, lags it on a 1-year basis, and lags it on a 5-year basis
  • The company's share price lags the Dow Jones Industrial Average today, lags it on a 1-year basis, and lags it on a 5-year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
Verve Therapeutics Inc-11.9-0.9-47.7-33.4272.1
Dow Jones Industrial Average-0.5-13.6-9.4-16.23.5
S&P 500 Index-0.8-17.3-11.7-19.46.1
Technology Industry1.558.38.0-21.069.9

Peer Group Comparative Performance

  • The company's stock price performance year-to-date beats the peer average by -96.5%
  • The company's stock price performance over the past 12 months lags the peer average by 113.8%
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
Verve Therapeutics IncVERV0-0.9-47.7-33.4272.1
Peer AvgN/A0-24.6-22.3-27.928.1
Oyster Point Pharma IncOYST0-63.1-49.5-68.482.7
Ovid Therapeutics IncOVID0-35.2-39.7-43.429.7

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