Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
As of close of business last night, Ventyx Biosciences Inc’s stock clocked out at $2.42, down -2.81% from its previous closing price of $2.49. In other words, the price has decreased by -$2.81 from its previous closing price. On the day, 2.42 million shares were traded. VTYX stock price reached its highest trading level at $2.52 during the session, while it also had its lowest trading level at $2.3503.
Ratios:
To gain a deeper understanding of VTYX’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 23.52 and its Current Ratio is at 23.52. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 27 ’24 when Nuss John sold 21,119 shares for $2.36 per share. The transaction valued at 49,841 led to the insider holds 464,582 shares of the business.
Nuss John bought 21,119 shares of VTYX for $49,842 on Dec 27 ’24. On Dec 23 ’24, another insider, Gujrathi Sheila, who serves as the Director of the company, bought 130,000 shares for $2.31 each. As a result, the insider paid 300,573 and bolstered with 130,000 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 171119904 and an Enterprise Value of -92669184.
Stock Price History:
Over the past 52 weeks, VTYX has reached a high of $11.48, while it has fallen to a 52-week low of $1.67. The 50-Day Moving Average of the stock is 6.01%, while the 200-Day Moving Average is calculated to be -19.16%.
Shares Statistics:
It appears that VTYX traded 1.47M shares on average per day over the past three months and 2000700 shares per day over the past ten days. A total of 70.67M shares are outstanding, with a floating share count of 52.89M. Insiders hold about 25.20% of the company’s shares, while institutions hold 63.96% stake in the company. Shares short for VTYX as of 1734048000 were 8634544 with a Short Ratio of 5.86, compared to 1731628800 on 8552041. Therefore, it implies a Short% of Shares Outstanding of 8634544 and a Short% of Float of 14.29.
