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The price of Ventyx Biosciences Inc (NASDAQ: VTYX) closed at $2.28 in the last session, down -22.71% from day before closing price of $2.95. In other words, the price has decreased by -$22.71 from its previous closing price. On the day, 4.12 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 $2.13.
Ratios:
We take a closer look at VTYX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 22.00 and its Current Ratio is at 22.00. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Apr 02 ’24 when Mohan Raju sold 4,312 shares for $5.40 per share. The transaction valued at 23,299 led to the insider holds 1,578,250 shares of the business.
Krueger Christopher W sold 1,651 shares of VTYX for $8,921 on Apr 02 ’24. The CHIEF BUSINESS OFFICER now owns 284,999 shares after completing the transaction at $5.40 per share. On Apr 02 ’24, another insider, Nuss John, who serves as the CHIEF SCIENTIFIC OFFICER of the company, sold 1,651 shares for $5.40 each. As a result, the insider received 8,921 and left with 264,998 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 160738400 and an Enterprise Value of -130361592.
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 -31.20%, while the 200-Day Moving Average is calculated to be -54.80%.
Shares Statistics:
According to the various share statistics, VTYX traded on average about 1.10M shares per day over the past 3-months and 1207510 shares per day over the past 10 days. A total of 59.24M shares are outstanding, with a floating share count of 54.43M. Insiders hold about 22.79% of the company’s shares, while institutions hold 74.49% stake in the company. Shares short for VTYX as of 1721001600 were 8642607 with a Short Ratio of 7.89, compared to 1718323200 on 7948658. Therefore, it implies a Short% of Shares Outstanding of 8642607 and a Short% of Float of 14.360000000000001.
