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The closing price of Ventyx Biosciences Inc (NASDAQ: VTYX) was $2.78 for the day, down -7.64% from the previous closing price of $3.01. In other words, the price has decreased by -$7.64 from its previous closing price. On the day, 1.15 million shares were traded. VTYX stock price reached its highest trading level at $3.03 during the session, while it also had its lowest trading level at $2.76.
Ratios:
Our analysis of VTYX’s different ratios will help us gain a deeper understanding of the company. 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:
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 25 ’24 when Mohan Raju bought 261,752 shares for $2.01 per share. The transaction valued at 524,944 led to the insider holds 2,175,028 shares of the business.
Mohan Raju bought 238,248 shares of VTYX for $434,946 on Nov 22 ’24. The CEO AND PRESIDENT now owns 1,913,276 shares after completing the transaction at $1.83 per share. On Apr 02 ’24, another insider, Krueger Christopher W, who serves as the CHIEF BUSINESS OFFICER of the company, sold 1,651 shares for $5.40 each. As a result, the insider received 8,921 and left with 284,999 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 212839024 and an Enterprise Value of -67213344.
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 $1.67. The 50-Day Moving Average of the stock is 23.54%, while the 200-Day Moving Average is calculated to be -20.44%.
Shares Statistics:
VTYX traded an average of 1.48M shares per day over the past three months and 2816410 shares per day over the past ten days. A total of 70.67M shares are outstanding, with a floating share count of 53.33M. Insiders hold about 24.58% of the company’s shares, while institutions hold 63.94% stake in the company. Shares short for VTYX as of 1732838400 were 8590825 with a Short Ratio of 5.78, compared to 1730332800 on 8135310. Therefore, it implies a Short% of Shares Outstanding of 8590825 and a Short% of Float of 14.220000999999998.
