Ventyx Biosciences Inc (NASDAQ: VTYX) kicked off on November 17, 2023, at the price of $2.33, up 4.66% from the previous trading day. During the day, the shares moved up to $2.53 and dropped to $2.31 before settling in for the closing price of $2.36. Over the past 52 weeks, VTYX has traded in a range of $2.28-$47.25.
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While this was happening, its average annual earnings per share was recorded -62.32%. With a float of $44.51 million, this company’s outstanding shares have now reached $56.98 million.
In an organization with 59 employees, it is important to assess its efficiency.
Ventyx Biosciences Inc (VTYX) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Biotechnology Industry. The insider ownership of Ventyx Biosciences Inc is 25.40%, while institutional ownership is 86.56%. The most recent insider transaction that took place on Oct 09, was worth 1,475,858. In this transaction 10% Owner of this company sold 49,152 shares at a rate of $30.03, taking the stock ownership to the 8,439,635 shares. Before that another transaction happened on Oct 09, when Company’s Director sold 49,152 for $30.03, making the entire transaction worth $1,475,858. This insider now owns 8,439,635 shares in total.
Ventyx Biosciences Inc (VTYX) Latest Financial update
In the latest quarterly report, which was put into the public domain on 9/29/2023, the organization reported -$0.92 earnings per share (EPS), lower than consensus estimate (set at -$0.9) by -$0.02. This company achieved a return on equity of -34.25. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.87 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -62.32% per share during the next fiscal year.
Ventyx Biosciences Inc (NASDAQ: VTYX) Trading Performance Indicators
Take a look at Ventyx Biosciences Inc’s (VTYX) current performance indicators. Last quarter, stock had a quick ratio of 11.76.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.12, a number that is poised to hit -0.86 in the next quarter and is forecasted to reach -3.01 in one year’s time.
Technical Analysis of Ventyx Biosciences Inc (VTYX)
Let’s dig in a bit further. During the last 5-days, its volume was 3.27 million. That was better than the volume of 1.09 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 10.19%. Additionally, its Average True Range was 1.28.
During the past 100 days, Ventyx Biosciences Inc’s (VTYX) raw stochastic average was set at 0.51%, which indicates a significant decrease from 1.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 665.73% in the past 14 days, which was higher than the 269.90% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $21.25, while its 200-day Moving Average is $32.38. However, in the short run, Ventyx Biosciences Inc’s stock first resistance to watch stands at $2.56. Second resistance stands at $2.66. The third major resistance level sits at $2.78. If the price goes on to break the first support level at $2.34, it is likely to go to the next support level at $2.22. The third support level lies at $2.12 if the price breaches the second support level.
Ventyx Biosciences Inc (NASDAQ: VTYX) Key Stats
The company with the Market Capitalisation of 145.66 million has total of 59,048K Shares Outstanding. Its annual sales at the moment are 0 K in contrast with the sum of -108,430 K annual income. Company’s last quarter sales were recorded 0 K and last quarter income was -54,030 K.