In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of Ventyx Biosciences Inc (NASDAQ: VTYX) closed at $1.46 in the last session, up 1.39% from day before closing price of $1.44. In other words, the price has increased by $1.39 from its previous closing price. On the day, 0.84 million shares were traded.
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 17.97 and its Current Ratio is at 17.97. 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:
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 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.
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 $1.40. The 50-Day Moving Average of the stock is -25.27%, while the 200-Day Moving Average is calculated to be -39.85%.
Shares Statistics:
A total of 71.13M shares are outstanding, with a floating share count of 59.43M. Insiders hold about 16.45% of the company’s shares, while institutions hold 78.78% stake in the company.
