Verastem Inc (NASDAQ: VSTM) kicked off on Monday, down -2.25% from the previous trading day, before settling in for the closing price of $4.00. Over the past 52 weeks, VSTM has traded in a range of $2.10-$14.22.
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During the last 5-year period, the sales drop of Healthcare Sector giant was -45.06%. While this was happening, its average annual earnings per share was recorded 22.81%. With a float of $39.12 million, this company’s outstanding shares have now reached $44.51 million.
Let’s determine the extent of company efficiency that accounts for 73 employees. In terms of profitability, gross margin is 99.83%, operating margin of -1132.14%, and the pretax margin is -924.01%.
Verastem Inc (VSTM) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Biotechnology Industry. The insider ownership of Verastem Inc is 12.10%, while institutional ownership is 49.90%. The most recent insider transaction that took place on Nov 05 ’24, was worth 3,118. In this transaction President and CEO of this company sold 812 shares at a rate of $3.84, taking the stock ownership to the 231,576 shares. Before that another transaction happened on Oct 07 ’24, when Company’s Chief Financial Officer sold 6 for $2.86, making the entire transaction worth $17. This insider now owns 47,461 shares in total.
Verastem Inc (VSTM) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -1.1 earnings per share (EPS), lower than consensus estimate (set at -0.76) by -0.34. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.81 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 22.81% 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
Take a look at Verastem Inc’s (VSTM) current performance indicators. Last quarter, stock had a quick ratio of 3.23. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 17.40.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.19, a number that is poised to hit -0.79 in the next quarter and is forecasted to reach -2.61 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 0.67 million, which is a jump from its year-to-date volume of 0.6 million. As of the previous 9 days, the stock’s Stochastic %D was 24.25%. Additionally, its Average True Range was 0.33.
During the past 100 days, Verastem Inc’s (VSTM) raw stochastic average was set at 67.04%, which indicates a significant increase from 32.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 88.25% in the past 14 days, which was lower than the 94.91% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.35, while its 200-day Moving Average is $6.13. However, in the short run, Verastem Inc’s stock first resistance to watch stands at $4.13. Second resistance stands at $4.35. The third major resistance level sits at $4.45. If the price goes on to break the first support level at $3.80, it is likely to go to the next support level at $3.69. Should the price break the second support level, the third support level stands at $3.47.
Verastem Inc (NASDAQ: VSTM) Key Stats
The company with the Market Capitalisation of 174.02 million has total of 44,507K Shares Outstanding. Its annual sales at the moment are 0 K in contrast with the sum of -87,370 K annual income. Company’s last quarter sales were recorded 10,000 K and last quarter income was -8,260 K.
