Verso Corp: Mudrick Capital Management Bought Stake

March 14, 2018 - By Darrin Black

 Verso Corp: Mudrick Capital Management Bought Stake

The New Mudrick Capital Management Holding in Verso Corp

Mudrick Capital Management reported SC 13G/A form with the SEC for Verso Corp. Access it here: 000095010318003363. As reported by Mudrick Capital Management, the filler owns 6.2% or 2,131,859 shares of the Materials–company.

Verso Corp stake is new for [reportingPerson]. Date of activity: March 13, 2018. This shows Mudrick Capital Management’s positive view for Verso Corp.

Business Profile

Verisante Technology, Inc. is a medical device company focusing on commercializing systems for the early detection of cancer. The Company’s device, called the Verisante Aura can be used in the early detection of all forms of skin cancer, including basal cell and squamous cell carcinoma and melanoma. The Verisante Core device is based on the same platform technology as the Aura and can be used in the early detection of lung, cervical, gastrointestinal and colorectal cancers. Verisante Aura is a spectroscopy system designed to aid in the detection of skin cancer. This system provides information about the chemical composition of the skin non-invasively. Aura scans for different spectral markers. Verisante Core uses an endoscopic attachment to aid in the detection of lung, colon, cervical, and other cancers. It has completed a second Phase prototype of a rapid Multispectral Imaging camera (MSI) system for skin cancer detection.

SEC Form 13G.

Analysts await Verso Corporation (NYSE:VRS) to report earnings on May, 17. They expect $0.71 EPS, up 216.39 % or $1.32 from last year’s $-0.61 per share. VRS’s profit will be $24.46M for 6.01 P/E if the $0.71 EPS becomes a reality. After $1.04 actual EPS reported by Verso Corporation for the previous quarter, Wall Street now forecasts -31.73 % negative EPS growth.

The stock decreased 0.52% or $0.09 during the last trading session, reaching $17.08. About 374,975 shares traded. Verso Corporation (NYSE:VRS) has 0.00% since March 14, 2017 and is . It has underperformed by 16.70% the S&P500.

Verso Corporation produces and sells coated papers in the United States. The company has market cap of $588.50 million. It operates in two divisions, Paper and Pulp. It currently has negative earnings. 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 Coverage

Among 2 analysts covering Verso Corporation (NYSE:VRS), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Verso Corporation has $25 highest and $11.25 lowest target. $22’s average target is 28.81% above currents $17.08 stock price. Verso Corporation had 8 analyst reports since July 27, 2016 according to SRatingsIntel. As per Friday, November 17, the company rating was maintained by BWS Financial. The rating was initiated by BWS Financial on Wednesday, July 27 with “Buy”. FBR Capital upgraded Verso Corporation (NYSE:VRS) on Friday, February 16 to “Buy” rating. FBR Capital maintained Verso Corporation (NYSE:VRS) on Wednesday, December 20 with “Buy” rating. The stock of Verso Corporation (NYSE:VRS) earned “Buy” rating by FBR Capital on Friday, March 9. The firm has “Strong Buy” rating by BWS Financial given on Wednesday, October 18.

More notable recent Verso Corporation (NYSE:VRS) news were published by: which released: “Verso Corporation Expands Strategic Alternatives Considerations” on January 16, 2018, also with their article: “Verso Corporation Reports Fourth Quarter and Year End 2017 Financial Results” published on March 08, 2018, published: “Verso Announces Fourth Quarter and Full Year 2017 Earnings Conference Call and …” on March 05, 2018. More interesting news about Verso Corporation (NYSE:VRS) were released by: and their article: “Verso Corporation: Value/Growth Opportunity At Great Price!” published on December 20, 2017 as well as‘s news article titled: “Verso Announces Plans to Restart Paper Machine in Jay, Maine” with publication date: February 15, 2018.

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