Vir Biotechnology (NYSE:VIR) announced its quarterly earnings results on Sunday. The company reported ($0.67) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.60) by ($0.07), MarketWatch Earnings reports.
VIR opened at $26.98 on Monday. Vir Biotechnology has a 1 year low of $11.65 and a 1 year high of $75.00. The stock’s 50 day simple moving average is $35.34 and its 200-day simple moving average is $38.51.
In other news, insider Jay Parrish sold 6,945 shares of the company’s stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $34.75, for a total transaction of $241,338.75. Following the transaction, the insider now owns 226,852 shares of the company’s stock, valued at $7,883,107. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Phillip Pang sold 12,500 shares of the company’s stock in a transaction dated Wednesday, September 2nd. The shares were sold at an average price of $32.89, for a total value of $411,125.00. Following the completion of the sale, the insider now owns 42,277 shares of the company’s stock, valued at approximately $1,390,490.53. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 104,774 shares of company stock worth $3,911,409.
Vir Biotechnology Company Profile
Vir Biotechnology, Inc, a clinical-stage immunology company, develops therapeutic products to treat and prevent serious infectious diseases. It develops VIR-2218 and VIR-3434 for the treatment of hepatitis B virus; VIR-2482 for the prevention of influenza A virus; VIR-1111 for the prevention of human immunodeficiency virus; and VIR-2020 for the prevention of tuberculosis.
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