Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of Vast Renewables Ltd (NASDAQ: VSTE) was $1.12 for the day, down -0.88% from the previous closing price of $1.13. In other words, the price has decreased by -$0.88 from its previous closing price. On the day, 0.25 million shares were traded. VSTE stock price reached its highest trading level at $1.14 during the session, while it also had its lowest trading level at $1.0701.
Ratios:
Our analysis of VSTE’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.35 and its Current Ratio is at 1.35.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 06 ’24 when AgCentral Energy Pty Ltd. bought 5,000,000 shares for $6.75 per share.
AgCentral Energy Pty Ltd. bought 299,735 shares of VSTE for $350,690 on Sep 10 ’24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VSTE now has a Market Capitalization of 33570320 and an Enterprise Value of 35743324. For the stock, the TTM Price-to-Sale (P/S) ratio is 98.74. Its current Enterprise Value per Revenue stands at 104.513 whereas that against EBITDA is -1.762.
Stock Price History:
The Beta on a monthly basis for VSTE is -0.44, which has changed by -0.63036305 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, VSTE has reached a high of $11.99, while it has fallen to a 52-week low of $0.83. The 50-Day Moving Average of the stock is -30.09%, while the 200-Day Moving Average is calculated to be -50.29%.
Shares Statistics:
VSTE traded an average of 4.81M shares per day over the past three months and 662770 shares per day over the past ten days. A total of 9.85M shares are outstanding, with a floating share count of 6.22M. Insiders hold about 79.25% of the company’s shares, while institutions hold 0.07% stake in the company. Shares short for VSTE as of 1735603200 were 213409 with a Short Ratio of 0.04, compared to 1732838400 on 236309. Therefore, it implies a Short% of Shares Outstanding of 213409 and a Short% of Float of 10.25.
