Verra Mobility Co. (NASDAQ:VRRM - Get Free Report) fell 10.8% on Friday . The company traded as low as $23.40 and last traded at $23.15. 219,799 shares were traded during trading, a decline of 79% from the average session volume of 1,046,220 shares. The stock had previously closed at $25.95.
Verra Mobility Stock Down 1.7 %
The stock has a 50-day simple moving average of $25.42 and a two-hundred day simple moving average of $25.60. The company has a quick ratio of 2.52, a current ratio of 2.61 and a debt-to-equity ratio of 2.13. The firm has a market cap of $3.72 billion, a PE ratio of 37.62, a P/E/G ratio of 2.18 and a beta of 1.24.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the company. First Horizon Advisors Inc. lifted its position in Verra Mobility by 192.0% in the 3rd quarter. First Horizon Advisors Inc. now owns 1,133 shares of the company's stock valued at $32,000 after acquiring an additional 745 shares in the last quarter. Smartleaf Asset Management LLC lifted its position in Verra Mobility by 245.1% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,309 shares of the company's stock valued at $56,000 after acquiring an additional 1,640 shares in the last quarter. Avanza Fonder AB bought a new position in Verra Mobility in the 4th quarter valued at approximately $74,000. Aster Capital Management DIFC Ltd lifted its position in Verra Mobility by 585.1% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 4,720 shares of the company's stock valued at $114,000 after acquiring an additional 4,031 shares in the last quarter. Finally, US Bancorp DE lifted its position in Verra Mobility by 10.3% in the 3rd quarter. US Bancorp DE now owns 4,478 shares of the company's stock valued at $125,000 after acquiring an additional 418 shares in the last quarter.
Verra Mobility Company Profile
(
Get Free Report)
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.
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