A new trading day began on Monday, with Verastem Inc (NASDAQ: VSTM) stock price down -4.00% from the previous day of trading, before settling in for the closing price of $7.00. VSTM’s price has ranged from $2.10 to $14.22 over the past 52 weeks.
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Annual sales at Healthcare sector company slipped by -47.66% over the past five years. Meanwhile, its annual earnings per share averaged 24.15%. With a float of $39.64 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 and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Biotechnology Industry. The insider ownership of Verastem Inc is 10.94%, while institutional ownership is 49.90%. The most recent insider transaction that took place on Dec 20 ’24, was worth 282. In this transaction Chief Financial Officer of this company sold 65 shares at a rate of $4.34, taking the stock ownership to the 47,396 shares. Before that another transaction happened on Dec 24 ’24, when Company’s Chief Financial Officer sold 28 for $3.91, making the entire transaction worth $109. This insider now owns 47,368 shares in total.
Verastem Inc (VSTM) Latest Financial update
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 24.15% 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
Here are Verastem Inc’s current performance indicators. According to the last quarter’s results, the 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 29.91.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.19, a number that is poised to hit -0.81 in the next quarter and is forecasted to reach -2.55 in one year’s time.
Technical Analysis of Verastem Inc (VSTM)
Verastem Inc (NASDAQ: VSTM) saw its 5-day average volume 6.52 million, a positive change from its year-to-date volume of 4.67 million. As of the previous 9 days, the stock’s Stochastic %D was 90.08%. Additionally, its Average True Range was 0.62.
During the past 100 days, Verastem Inc’s (VSTM) raw stochastic average was set at 89.24%, which indicates a significant increase from 85.81% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 181.66% in the past 14 days, which was higher than the 110.40% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.42, while its 200-day Moving Average is $5.18. Nevertheless, the first resistance level for the watch stands at $7.06 in the near term. At $7.41, the stock is likely to face the second major resistance level. The third major resistance level sits at $7.68. If the price goes on to break the first support level at $6.45, it is likely to go to the next support level at $6.18. The third support level lies at $5.84 if the price breaches the second support level.
Verastem Inc (NASDAQ: VSTM) Key Stats
With a market capitalization of 299.08 million, the company has a total of 44,507K Shares Outstanding. Currently, annual sales are 0 K while annual income is -87,370 K. The company’s previous quarter sales were 10,000 K while its latest quarter income was -8,260 K.
