On Tuesday, Verastem Inc (NASDAQ: VSTM) opened higher 4.33% from the last session, before settling in for the closing price of $3.00. Price fluctuations for VSTM have ranged from $2.10 to $14.22 over the past 52 weeks.
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During the last 5-year period, the sales drop of Healthcare Sector giant was -45.06%. Company’s average yearly earnings per share was noted 22.00% at the time writing. With a float of $36.71 million, this company’s outstanding shares have now reached $40.24 million.
Let’s determine the extent of company efficiency that accounts 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) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Biotechnology industry is another important factor to consider. The insider ownership of Verastem Inc is 8.79%, while institutional ownership is 31.99%. The most recent insider transaction that took place on Oct 07 ’24, was worth 17. In this transaction Chief Financial Officer of this company sold 6 shares at a rate of $2.86, taking the stock ownership to the 47,461 shares. Before that another transaction happened on Sep 20 ’24, when Company’s Chief Financial Officer sold 65 for $2.80, making the entire transaction worth $182. This insider now owns 47,495 shares in total.
Verastem Inc (VSTM) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted -0.75 earnings per share (EPS) for the quarter, besting the agreed prediction (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 22.00% 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
Check out the current performance indicators for Verastem Inc (VSTM). In the past 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 12.60.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.34, a number that is poised to hit -0.69 in the next quarter and is forecasted to reach -2.25 in one year’s time.
Technical Analysis of Verastem Inc (VSTM)
Looking closely at Verastem Inc (NASDAQ: VSTM), its last 5-days average volume was 0.66 million, which is a jump from its year-to-date volume of 0.51 million. As of the previous 9 days, the stock’s Stochastic %D was 75.68%. Additionally, its Average True Range was 0.17.
During the past 100 days, Verastem Inc’s (VSTM) raw stochastic average was set at 10.14%, which indicates a significant decrease from 82.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 61.29% in the past 14 days, which was lower than the 188.50% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.63, while its 200-day Moving Average is $7.19. However, in the short run, Verastem Inc’s stock first resistance to watch stands at $3.27. Second resistance stands at $3.42. The third major resistance level sits at $3.59. If the price goes on to break the first support level at $2.96, it is likely to go to the next support level at $2.79. Now, if the price goes above the second support level, the third support stands at $2.64.
Verastem Inc (NASDAQ: VSTM) Key Stats
There are currently 25,326K shares outstanding in the company with a market cap of 125.95 million. Presently, the company’s annual sales total 0 K according to its annual income of -87,370 K. Last quarter, the company’s sales amounted to 10,000 K and its income totaled -8,260 K.
