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As of close of business last night, Verastem Inc’s stock clocked out at $2.74, down -4.86% from its previous closing price of $2.88. In other words, the price has decreased by -$4.86 from its previous closing price. On the day, 0.57 million shares were traded. VSTM stock price reached its highest trading level at $2.9 during the session, while it also had its lowest trading level at $2.665.
Ratios:
To gain a deeper understanding of VSTM’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.28 and its Current Ratio is at 3.28. In the meantime, Its Debt-to-Equity ratio is 1.05 whereas as Long-Term Debt/Eq ratio is at 0.88.
On September 27, 2023, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $21.
Mizuho Upgraded its Neutral to Buy on June 15, 2023, whereas the target price for the stock was revised from $24 to $36.
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 Sep 19 ’24 when Gagnon Robert E. sold 131 shares for $2.79 per share. The transaction valued at 365 led to the insider holds 34,892 shares of the business.
Paterson Dan sold 184 shares of VSTM for $513 on Sep 19 ’24. The President and CEO now owns 232,388 shares after completing the transaction at $2.79 per share. On Sep 19 ’24, another insider, Stuglik Brian M, who serves as the Director of the company, sold 336 shares for $2.79 each. As a result, the insider received 937 and left with 96,109 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, VSTM now has a Market Capitalization of 110267736 and an Enterprise Value of 89919864. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.03 while its Price-to-Book (P/B) ratio in mrq is 3.91. Its current Enterprise Value per Revenue stands at 8.992 whereas that against EBITDA is -0.91.
Stock Price History:
Over the past 52 weeks, VSTM has reached a high of $14.22, while it has fallen to a 52-week low of $2.10. The 50-Day Moving Average of the stock is 1.99%, while the 200-Day Moving Average is calculated to be -63.97%.
Shares Statistics:
It appears that VSTM traded 643.09K shares on average per day over the past three months and 614860 shares per day over the past ten days. A total of 40.24M shares are outstanding, with a floating share count of 36.75M. Insiders hold about 8.69% of the company’s shares, while institutions hold 31.96% stake in the company. Shares short for VSTM as of 1724976000 were 2095935 with a Short Ratio of 3.26, compared to 1722384000 on 1841148. Therefore, it implies a Short% of Shares Outstanding of 2095935 and a Short% of Float of 5.2299999999999995.
