Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
VersaBank (NASDAQ: VBNK) closed the day trading at $10.43 down -12.50% from the previous closing price of $11.92. In other words, the price has decreased by -$12.50 from its previous closing price. On the day, 0.57 million shares were traded.
Ratios:
For a better understanding of VBNK, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.26 whereas as Long-Term Debt/Eq ratio is at 0.26.
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 this company, ROTH MKM on September 27, 2024, initiated with a Buy rating and assigned the stock a target price of $18.
Valuation Measures:
As of this moment, VersaBank’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.50, and their Forward P/E ratio for the next fiscal year is 4.52. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.57 while its Price-to-Book (P/B) ratio in mrq is 0.95.
Stock Price History:
Over the past 52 weeks, VBNK has reached a high of $18.38, while it has fallen to a 52-week low of $9.48. The 50-Day Moving Average of the stock is -22.01%, while the 200-Day Moving Average is calculated to be -20.57%.
Shares Statistics:
A total of 26.00M shares are outstanding, with a floating share count of 20.50M. Insiders hold about 36.95% of the company’s shares, while institutions hold 34.24% stake in the company.
