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Vertex Pharmaceuticals, Inc (NASDAQ: VRTX) closed the day trading at $396.64 down -11.37% from the previous closing price of $447.50. In other words, the price has decreased by -$11.37 from its previous closing price. On the day, 8.2 million shares were traded. VRTX stock price reached its highest trading level at $404.04 during the session, while it also had its lowest trading level at $378.0.
Ratios:
For a better understanding of VRTX, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.20 and its Current Ratio is at 2.47. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.11.
On December 09, 2024, Jefferies Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $500 to $550.
On November 14, 2024, Citigroup started tracking the stock assigning a Buy rating and target price of $575.Citigroup initiated its Buy rating on November 14, 2024, with a $575 target price.
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 Nov 15 ’24 when ALTSHULER DAVID sold 15 shares for $478.56 per share. The transaction valued at 7,178 led to the insider holds 25,813 shares of the business.
ALTSHULER DAVID bought 15 shares of VRTX for $7,178 on Nov 15 ’24. On Nov 11 ’24, another insider, WAGNER CHARLES F JR, who serves as the EVP & Chief Financial Officer of the company, sold 3,000 shares for $518.27 each. As a result, the insider received 1,554,810 and left with 44,137 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, VRTX now has a Market Capitalization of 102146301952 and an Enterprise Value of 110493958144. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.62 while its Price-to-Book (P/B) ratio in mrq is 6.54. Its current Enterprise Value per Revenue stands at 10.399 whereas that against EBITDA is 24.849.
Stock Price History:
Over the past 52 weeks, VRTX has reached a high of $519.88, while it has fallen to a 52-week low of $391.01. The 50-Day Moving Average of the stock is -16.03%, while the 200-Day Moving Average is calculated to be -13.34%.
Shares Statistics:
Over the past 3-months, VRTX traded about 1.19M shares per day on average, while over the past 10 days, VRTX traded about 1912460 shares per day. A total of 257.74M shares are outstanding, with a floating share count of 256.90M. Insiders hold about 0.24% of the company’s shares, while institutions hold 92.75% stake in the company. Shares short for VRTX as of 1732838400 were 3671223 with a Short Ratio of 3.08, compared to 1730332800 on 4504708. Therefore, it implies a Short% of Shares Outstanding of 3671223 and a Short% of Float of 1.43.
