It Seems Verso Corporation (VRS) Will Go Up. Have Another Big Increase

The stock of Verso Corporation (NYSE:VRS) is a huge mover today! The stock increased 3.78% or $0.43 during the last trading session, reaching $11.65. About 253,210 shares traded. Verso Corporation (NYSE:VRS) has declined 20.53% since September 13, 2018 and is downtrending. It has underperformed by 20.53% the S&P500.
The move comes after 5 months positive chart setup for the $404.33 million company. It was reported on Sep, 13 by Barchart.com. We have $12.70 PT which if reached, will make NYSE:VRS worth $36.39M more.

Analysts await Verso Corporation (NYSE:VRS) to report earnings on November, 6. They expect $-0.15 earnings per share, down 108.33 % or $1.95 from last year’s $1.8 per share. After $0.12 actual earnings per share reported by Verso Corporation for the previous quarter, Wall Street now forecasts -225.00 % negative EPS growth.

Verso Corporation (NYSE:VRS) Ratings Coverage

Among 3 analysts covering Verso Corp (NYSE:VRS), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Verso Corp has $50 highest and $17.5000 lowest target. $31.17’s average target is 167.55% above currents $11.65 stock price. Verso Corp had 4 analyst reports since March 19, 2019 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, March 19 by BWS Financial. The firm earned “Neutral” rating on Friday, April 12 by FBR Capital. B. Riley & Co maintained the shares of VRS in report on Tuesday, August 6 with “Neutral” rating.

More notable recent Verso Corporation (NYSE:VRS) news were published by: Finance.Yahoo.com which released: “Why We Like Gold Resource Corporation’s (NYSEMKT:GORO) 14% Return On Capital Employed – Yahoo Finance” on May 03, 2019, also Prnewswire.com with their article: “Verso Corporation Adopts Limited Duration Stockholder Rights Plan – PRNewswire” published on June 17, 2019, Streetinsider.com published: “Verso Paper (VRS) Reaches Deal with USW and Lands Amazon as Customer – BWS Financial – StreetInsider.com” on November 28, 2018. More interesting news about Verso Corporation (NYSE:VRS) were released by: Seekingalpha.com and their article: “Verso: Greedy Shareholders Destroy Stock Price – Seeking Alpha” published on March 01, 2019 as well as Prnewswire.com‘s news article titled: “Verso Announces Closure of Paper Mill in Luke, Maryland – PRNewswire” with publication date: April 30, 2019.

Verso Corporation produces and sells coated papers in the United States. The company has market cap of $404.33 million. It operates in two divisions, Paper and Pulp. It has a 4.21 P/E ratio. The firm offers coated freesheet and coated groundwood, specialty, inkjet and digital, supercalendered, and uncoated freesheet papers; and Northern Bleached Hardwood Kraft pulp to manufacture printing, writing, and specialty paper grades, as well as to manufacture tissue products.

Verso Corporation (NYSE:VRS) Ratings Chart

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