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After finishing at $1.92 in the prior trading day, Ventyx Biosciences Inc (NASDAQ: VTYX) closed at $1.85, down -3.65%. In other words, the price has decreased by -$3.65 from its previous closing price. On the day, 1.38 million shares were traded. VTYX stock price reached its highest trading level at $1.93 during the session, while it also had its lowest trading level at $1.84.
Ratios:
Our goal is to gain a better understanding of VTYX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 14.19 and its Current Ratio is at 14.19. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.04.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Wells Fargo on March 12, 2024, Upgraded its rating to Overweight and sets its target price to $16 from $7 previously.
On March 12, 2024, Oppenheimer Upgraded its rating to Outperform which previously was Perform but kept the price unchanged to $12.
Wells Fargo Downgraded its Overweight to Equal Weight on November 07, 2023, whereas the target price for the stock was revised from $77 to $8.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 02 ’24 when Krueger Christopher W sold 1,651 shares for $5.40 per share. The transaction valued at 8,921 led to the insider holds 284,999 shares of the business.
Nuss John sold 1,651 shares of VTYX for $8,921 on Apr 02 ’24. The CHIEF SCIENTIFIC OFFICER now owns 264,998 shares after completing the transaction at $5.40 per share. On Apr 02 ’24, another insider, Mohan Raju, who serves as the CEO AND PRESIDENT of the company, sold 4,312 shares for $5.40 each. As a result, the insider received 23,299 and left with 1,578,250 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VTYX now has a Market Capitalization of 130737848 and an Enterprise Value of -97435104.
Stock Price History:
Over the past 52 weeks, VTYX has reached a high of $38.20, while it has fallen to a 52-week low of $1.87. The 50-Day Moving Average of the stock is -27.86%, while the 200-Day Moving Average is calculated to be -53.32%.
Shares Statistics:
The stock has traded on average 1.13M shares per day over the past 3-months and 958760 shares per day over the last 10 days, according to various share statistics. A total of 59.24M shares are outstanding, with a floating share count of 54.65M. Insiders hold about 22.79% of the company’s shares, while institutions hold 71.60% stake in the company. Shares short for VTYX as of 1722384000 were 9006148 with a Short Ratio of 7.95, compared to 1719532800 on 8224797. Therefore, it implies a Short% of Shares Outstanding of 9006148 and a Short% of Float of 14.92.
