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.
Ventyx Biosciences Inc (NASDAQ: VTYX) closed the day trading at $1.87 down -6.97% from the previous closing price of $2.01. In other words, the price has decreased by -$6.97 from its previous closing price. On the day, 1.8 million shares were traded. VTYX stock price reached its highest trading level at $1.96 during the session, while it also had its lowest trading level at $1.85.
Ratios:
For a better understanding of VTYX, let’s look at 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 132229016 and an Enterprise Value of -131560056.
Stock Price History:
The Beta on a monthly basis for VTYX is 0.52, which has changed by -0.14102566 over the last 52 weeks, in comparison to a change of 0.21926713 over the same period for the S&P500. 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 -17.20%, while the 200-Day Moving Average is calculated to be -30.67%.
Shares Statistics:
Over the past 3-months, VTYX traded about 1.81M shares per day on average, while over the past 10 days, VTYX traded about 1790020 shares per day. 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 70.28% stake in the company. Shares short for VTYX as of 1736899200 were 6682970 with a Short Ratio of 3.70, compared to 1734048000 on 8634544. Therefore, it implies a Short% of Shares Outstanding of 6682970 and a Short% of Float of 11.06.
