The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The closing price of Vast Renewables Ltd (NASDAQ: VSTE) was $0.19 for the day, up 4.03% from the previous closing price of $0.18. In other words, the price has increased by $4.03 from its previous closing price. On the day, 5.35 million shares were traded. VSTE stock price reached its highest trading level at $0.21 during the session, while it also had its lowest trading level at $0.1659.
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 1.03 and its Current Ratio is at 1.11.
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 5575089 and an Enterprise Value of 5578071. For the stock, the TTM Price-to-Sale (P/S) ratio is 557.58. Its current Enterprise Value per Revenue stands at 0.901 whereas that against EBITDA is 0.063.
Stock Price History:
The Beta on a monthly basis for VSTE is -0.40, which has changed by -0.93564016 over the last 52 weeks, in comparison to a change of 0.11936104 over the same period for the S&P500. Over the past 52 weeks, VSTE has reached a high of $8.00, while it has fallen to a 52-week low of $0.10. The 50-Day Moving Average of the stock is -43.86%, while the 200-Day Moving Average is calculated to be -83.05%.
Shares Statistics:
VSTE traded an average of 8.28M shares per day over the past three months and 28009400 shares per day over the past ten days. A total of 29.97M shares are outstanding, with a floating share count of 14.76M. Insiders hold about 50.75% of the company’s shares, while institutions hold 0.66% stake in the company. Shares short for VSTE as of 1745971200 were 45101 with a Short Ratio of 0.01, compared to 1743379200 on 756231. Therefore, it implies a Short% of Shares Outstanding of 45101 and a Short% of Float of 2.17.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
