Verastem Inc (NASDAQ: VSTM) on Monday, soared 6.60% from the previous trading day, before settling in for the closing price of $3.18. Within the past 52 weeks, VSTM’s price has moved between $2.10 and $14.22.
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A company in the Healthcare sector has dropped its sales by -45.06% annually for the last half of the decade. The company achieved an average annual earnings per share of 19.22%. With a float of $36.71 million, this company’s outstanding shares have now reached $40.24 million.
In an organization with 73 employees, it is important to assess its efficiency. 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 and Institutional Ownership
Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of Verastem Inc is 8.79%, while institutional ownership is 32.00%. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 19.22% 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
Verastem Inc (VSTM) is currently performing well based on its current performance indicators. A quick ratio of 3.28 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 13.64.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.34, a number that is poised to hit -0.74 in the next quarter and is forecasted to reach -2.34 in one year’s time.
Technical Analysis of Verastem Inc (VSTM)
Let’s dig in a bit further. During the last 5-days, its volume was 0.8 million. That was better than the volume of 0.56 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 61.20%. Additionally, its Average True Range was 0.27.
During the past 100 days, Verastem Inc’s (VSTM) raw stochastic average was set at 73.30%, which indicates a significant increase from 69.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 141.04% in the past 14 days, which was higher than the 94.71% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.79, while its 200-day Moving Average is $6.93. However, in the short run, Verastem Inc’s stock first resistance to watch stands at $3.50. Second resistance stands at $3.60. The third major resistance level sits at $3.76. If the price goes on to break the first support level at $3.24, it is likely to go to the next support level at $3.08. The third support level lies at $2.98 if the price breaches the second support level.
Verastem Inc (NASDAQ: VSTM) Key Stats
Market capitalization of the company is 136.41 million based on 25,326K outstanding shares. Right now, sales total 0 K and income totals -87,370 K. The company made 10,000 K in profit during its latest quarter, and -8,260 K in sales during its previous quarter.
