Verra Mobility Co. (NASDAQ:VRRM - Get Free Report) shares reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $21.25 and last traded at $21.43, with a volume of 41253 shares. The stock had previously closed at $21.68.
Verra Mobility Trading Down 4.3 %
The company has a market capitalization of $3.33 billion, a PE ratio of 33.70, a PEG ratio of 2.18 and a beta of 1.30. The company has a current ratio of 2.61, a quick ratio of 2.52 and a debt-to-equity ratio of 2.13. The stock has a fifty day moving average of $25.24 and a two-hundred day moving average of $25.43.
Institutional Inflows and Outflows
Several large investors have recently made changes to their positions in VRRM. First Horizon Advisors Inc. grew its holdings in shares of Verra Mobility by 192.0% during the 3rd quarter. First Horizon Advisors Inc. now owns 1,133 shares of the company's stock valued at $32,000 after purchasing an additional 745 shares during the last quarter. Smartleaf Asset Management LLC boosted its position in Verra Mobility by 245.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,309 shares of the company's stock valued at $56,000 after buying an additional 1,640 shares during the period. Avanza Fonder AB bought a new position in shares of Verra Mobility during the fourth quarter valued at about $74,000. Aster Capital Management DIFC Ltd increased its holdings in shares of Verra Mobility by 585.1% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 4,720 shares of the company's stock worth $114,000 after buying an additional 4,031 shares during the period. Finally, US Bancorp DE grew its holdings in Verra Mobility by 10.3% in the 3rd quarter. US Bancorp DE now owns 4,478 shares of the company's stock worth $125,000 after acquiring an additional 418 shares during the last quarter.
About Verra Mobility
(
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Verra Mobility Corporation provides smart mobility technology solutions and services in the United States, Australia, Canada, and Europe. It operates through three segments: Commercial Services, Government Solutions, and Parking Solutions. The Commercial Services segment provides automated toll and violations management, and title and registration services to rental car companies, fleet management companies, and other large fleet owners.
Further Reading
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