On Monday, Verastem Inc (NASDAQ: VSTM) was 4.58% up from the session before settling in for the closing price of $2.40. A 52-week range for VSTM has been $2.10 – $14.22.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Healthcare sector company slipped by -45.06% over the past five years. When this article was written, the company’s average yearly earnings per share was at 21.28%. With a float of $36.60 million, this company’s outstanding shares have now reached $40.24 million.
Let’s look at the performance matrix of the company that is accounted for 73 employees. In terms of profitability, gross margin is 99.78%, operating margin of -976.71%, and the pretax margin is -884.82%.
Verastem Inc (VSTM) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Verastem Inc stocks. The insider ownership of Verastem Inc is 9.04%, while institutional ownership is 31.96%. The most recent insider transaction that took place on Aug 05 ’24, was worth 7,009. In this transaction President and CEO of this company sold 3,245 shares at a rate of $2.16, taking the stock ownership to the 232,818 shares. Before that another transaction happened on Jul 09 ’24, when Company’s Chief Financial Officer sold 7 for $2.62, making the entire transaction worth $18. This insider now owns 47,560 shares in total.
Verastem Inc (VSTM) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted -0.75 earnings per share (EPS) during the time that was better than consensus figure (set at -0.84) by 0.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.68 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 21.28% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 1.74% during the next five years compared to 24.76% growth over the previous five years of trading.
Verastem Inc (NASDAQ: VSTM) Trading Performance Indicators
You can see what Verastem Inc (VSTM) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 3.28. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.10.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.34, a number that is poised to hit -0.70 in the next quarter and is forecasted to reach -2.22 in one year’s time.
Technical Analysis of Verastem Inc (VSTM)
Verastem Inc (NASDAQ: VSTM) saw its 5-day average volume 0.42 million, a negative change from its year-to-date volume of 0.5 million. As of the previous 9 days, the stock’s Stochastic %D was 33.22%. Additionally, its Average True Range was 0.18.
During the past 100 days, Verastem Inc’s (VSTM) raw stochastic average was set at 3.59%, which indicates a significant decrease from 56.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.42% in the past 14 days, which was lower than the 188.45% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.70, while its 200-day Moving Average is $7.78. Nevertheless, the first resistance level for the watch stands at $2.60 in the near term. At $2.69, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.79. If the price goes on to break the first support level at $2.41, it is likely to go to the next support level at $2.31. Assuming the price breaks the second support level, the third support level stands at $2.22.
Verastem Inc (NASDAQ: VSTM) Key Stats
There are 25,326K outstanding shares of the company, which has a market capitalization of 101.00 million. As of now, sales total 0 K while income totals -87,370 K. Its latest quarter income was 10,000 K while its last quarter net income were -8,260 K.
