On Tuesday, Verastem Inc (NASDAQ: VSTM) was -8.93% drop from the session before settling in for the closing price of $5.49. A 52-week range for VSTM has been $2.10 – $14.22.
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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 22.81%. With a float of $39.12 million, this company’s outstanding shares have now reached $40.26 million.
Let’s look at the performance matrix of the company that is accounted for 73 employees. In terms of profitability, gross margin is 99.83%, operating margin of -1132.14%, and the pretax margin is -924.01%.
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 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) Performance Highlights and Predictions
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
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 3.23. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 22.25.
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)
Verastem Inc (NASDAQ: VSTM) saw its 5-day average volume 0.83 million, a positive change from its year-to-date volume of 0.63 million. As of the previous 9 days, the stock’s Stochastic %D was 67.24%. Additionally, its Average True Range was 0.45.
During the past 100 days, Verastem Inc’s (VSTM) raw stochastic average was set at 73.42%, which indicates a significant increase from 54.94% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 102.71% in the past 14 days, which was higher than the 96.82% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.83, while its 200-day Moving Average is $5.78. Nevertheless, the first resistance level for the watch stands at $5.35 in the near term. At $5.71, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.91. If the price goes on to break the first support level at $4.79, it is likely to go to the next support level at $4.59. Assuming the price breaks the second support level, the third support level stands at $4.23.
Verastem Inc (NASDAQ: VSTM) Key Stats
There are 44,507K outstanding shares of the company, which has a market capitalization of 222.53 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.
