Verastem Inc (NASDAQ: VSTM) on Monday, soared 3.37% from the previous trading day, before settling in for the closing price of $5.34. Within the past 52 weeks, VSTM’s price has moved between $2.10 and $14.22.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales slided by -45.06%. The company achieved an average annual earnings per share of 22.81%. With a float of $39.12 million, this company’s outstanding shares have now reached $40.26 million.
The extent of productivity of a business whose workforce counts for 73 workers is very important to gauge. 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 and Institutional Ownership
Observing investor behavior towards Biotechnology industry stocks is more important than anything else. 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) Latest Financial update
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported -1.1 earnings per share (EPS) for the period falling under the consensus outlook (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
Verastem Inc (VSTM) is currently performing well based on its current performance indicators. A quick ratio of 3.23 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 28.71.
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)
The latest stats from [Verastem Inc, VSTM] show that its last 5-days average volume of 1.6 million was superior to 0.62 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 87.97%. Additionally, its Average True Range was 0.41.
During the past 100 days, Verastem Inc’s (VSTM) raw stochastic average was set at 95.00%, which indicates a significant increase from 90.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 95.89% in the past 14 days, which was lower than the 98.00% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.51, while its 200-day Moving Average is $6.00. Now, the first resistance to watch is $5.78. This is followed by the second major resistance level at $6.03. The third major resistance level sits at $6.36. If the price goes on to break the first support level at $5.19, it is likely to go to the next support level at $4.86. The third support level lies at $4.61 if the price breaches the second support level.
Verastem Inc (NASDAQ: VSTM) Key Stats
Market capitalization of the company is 287.06 million based on 44,507K 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.
