A new trading day began on Friday, with Veracyte Inc (NASDAQ: VCYT) stock price up 3.55% from the previous day of trading, before settling in for the closing price of $30.43. VCYT’s price has ranged from $18.61 to $47.32 over the past 52 weeks.
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Annual sales at Healthcare sector company grew by 32.95% over the past five years. Meanwhile, its annual earnings per share averaged 62.37%. With a float of $76.84 million, this company’s outstanding shares have now reached $77.77 million.
Let’s look at the performance matrix of the company that is accounted for 824 employees. In terms of profitability, gross margin is 65.97%, operating margin of 3.74%, and the pretax margin is 5.78%.
Veracyte Inc (VCYT) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Diagnostics & Research Industry. The insider ownership of Veracyte Inc is 1.42%, while institutional ownership is 102.76%. The most recent insider transaction that took place on Mar 07 ’25, was worth 234,630. In this transaction Chief Commercial Officer-CLIA of this company sold 7,411 shares at a rate of $31.66, taking the stock ownership to the 100,249 shares. Before that another transaction happened on Mar 07 ’25, when Company’s Officer proposed sale 7,411 for $32.51, making the entire transaction worth $240,932.
Veracyte Inc (VCYT) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.3 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 62.37% per share during the next fiscal year.
Veracyte Inc (NASDAQ: VCYT) Trading Performance Indicators
Here are Veracyte Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 4.46. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.51. Likewise, its price to free cash flow for the trailing twelve months is 38.49.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.31, a number that is poised to hit 0.02 in the next quarter and is forecasted to reach 0.71 in one year’s time.
Technical Analysis of Veracyte Inc (VCYT)
Veracyte Inc (NASDAQ: VCYT) saw its 5-day average volume 0.95 million, a positive change from its year-to-date volume of 0.94 million. As of the previous 9 days, the stock’s Stochastic %D was 18.80%. Additionally, its Average True Range was 2.06.
During the past 100 days, Veracyte Inc’s (VCYT) raw stochastic average was set at 8.24%, which indicates a significant decrease from 16.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 81.51% in the past 14 days, which was higher than the 53.03% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $39.60, while its 200-day Moving Average is $33.30. Nevertheless, the first resistance level for the watch stands at $32.03 in the near term. At $32.54, the stock is likely to face the second major resistance level. The third major resistance level sits at $33.19. If the price goes on to break the first support level at $30.87, it is likely to go to the next support level at $30.22. The third support level lies at $29.71 if the price breaches the second support level.
Veracyte Inc (NASDAQ: VCYT) Key Stats
With a market capitalization of 2.46 billion, the company has a total of 77,945K Shares Outstanding. Currently, annual sales are 445,760 K while annual income is 24,140 K. The company’s previous quarter sales were 118,630 K while its latest quarter income was 5,110 K.
