Verra Mobility (VRRM) Reaches New 12-Month High at $13.90

Verra Mobility Corp (NASDAQ:VRRM) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $13.90 and last traded at $13.56, with a volume of 10071 shares traded. The stock had previously closed at $13.40.

A number of research analysts recently commented on VRRM shares. BTIG Research started coverage on Verra Mobility in a research report on Wednesday, March 27th. They issued a “buy” rating and a $15.00 price target on the stock. ValuEngine upgraded Verra Mobility from a “hold” rating to a “buy” rating in a research report on Thursday, April 11th.

The company has a debt-to-equity ratio of 2.85, a current ratio of 2.69 and a quick ratio of 2.69.

Large investors have recently added to or reduced their stakes in the stock. United Services Automobile Association acquired a new stake in Verra Mobility in the fourth quarter valued at about $112,000. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp acquired a new stake in Verra Mobility in the fourth quarter valued at about $440,000. Highbridge Capital Management LLC acquired a new stake in Verra Mobility in the fourth quarter valued at about $488,000. Bank of New York Mellon Corp acquired a new stake in Verra Mobility in the fourth quarter valued at about $575,000. Finally, Brown Advisory Inc. acquired a new stake in Verra Mobility in the fourth quarter valued at about $1,127,000.

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Verra Mobility Company Profile (NASDAQ:VRRM)

Verra Mobility Corporation provides smart mobility technology solutions and services in the United States, Canada, and Europe. It operates through Government Solutions and Commercial Services segments. The company develops toll and violations management, title and registration, automated safety, and other data driven solutions.

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