Veracyte Inc (NASDAQ: VCYT) kicked off on Friday, down -4.56% from the previous trading day, before settling in for the closing price of $41.05. Over the past 52 weeks, VCYT has traded in a range of $18.61-$47.32.
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A company in the Healthcare sector has jumped its sales by 35.32% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 135.29%. With a float of $76.06 million, this company’s outstanding shares have now reached $77.49 million.
In an organization with 815 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 65.47%, operating margin of 2.6%, and the pretax margin is -1.92%.
Veracyte Inc (VCYT) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Diagnostics & Research Industry. The insider ownership of Veracyte Inc is 1.86%, while institutional ownership is 103.08%. The most recent insider transaction that took place on Feb 03 ’25, was worth 23,109. In this transaction Chief Financial Officer of this company sold 527 shares at a rate of $43.85, taking the stock ownership to the 113,510 shares. Before that another transaction happened on Jan 02 ’25, when Company’s Director sold 10,000 for $40.30, making the entire transaction worth $403,006. This insider now owns 18,497 shares in total.
Veracyte Inc (VCYT) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 135.29% per share during the next fiscal year.
Veracyte Inc (NASDAQ: VCYT) Trading Performance Indicators
Take a look at Veracyte Inc’s (VCYT) current performance indicators. Last quarter, stock had a quick ratio of 4.79. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.14. Likewise, its price to free cash flow for the trailing twelve months is 53.76.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.14, a number that is poised to hit 0.11 in the next quarter and is forecasted to reach 0.64 in one year’s time.
Technical Analysis of Veracyte Inc (VCYT)
Let’s dig in a bit further. During the last 5-days, its volume was 0.75 million. That was inferior than the volume of 0.79 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 32.34%. Additionally, its Average True Range was 2.10.
During the past 100 days, Veracyte Inc’s (VCYT) raw stochastic average was set at 48.85%, which indicates a significant increase from 9.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.80% in the past 14 days, which was higher than the 44.63% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $42.17, while its 200-day Moving Average is $32.45. However, in the short run, Veracyte Inc’s stock first resistance to watch stands at $41.18. Second resistance stands at $43.18. The third major resistance level sits at $44.56. If the price goes on to break the first support level at $37.81, it is likely to go to the next support level at $36.43. The third support level lies at $34.43 if the price breaches the second support level.
Veracyte Inc (NASDAQ: VCYT) Key Stats
The company with the Market Capitalisation of 3.04 billion has total of 77,500K Shares Outstanding. Its annual sales at the moment are 361,050 K in contrast with the sum of -74,400 K annual income. Company’s last quarter sales were recorded 115,860 K and last quarter income was 15,160 K.
