Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of Vast Renewables Ltd (NASDAQ: VSTE) closed at $1.26 in the last session, up 4.55% from day before closing price of $1.21. In other words, the price has increased by $4.55 from its previous closing price. On the day, 0.8 million shares were traded. VSTE stock price reached its highest trading level at $1.3 during the session, while it also had its lowest trading level at $1.16.
Ratios:
We take a closer look at VSTE’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.35 and its Current Ratio is at 1.35.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 37916476 and an Enterprise Value of 40089484. For the stock, the TTM Price-to-Sale (P/S) ratio is 116.60. Its current Enterprise Value per Revenue stands at 117.221 whereas that against EBITDA is -1.977.
Stock Price History:
Over the past 52 weeks, VSTE has reached a high of $11.99, while it has fallen to a 52-week low of $0.83. The 50-Day Moving Average of the stock is -29.95%, while the 200-Day Moving Average is calculated to be -46.47%.
Shares Statistics:
According to the various share statistics, VSTE traded on average about 4.64M shares per day over the past 3-months and 943570 shares per day over the past 10 days. A total of 9.85M shares are outstanding, with a floating share count of 6.22M. Insiders hold about 79.25% of the company’s shares, while institutions hold 0.07% stake in the company. Shares short for VSTE as of 1734048000 were 69322 with a Short Ratio of 0.01, compared to 1731628800 on 160966. Therefore, it implies a Short% of Shares Outstanding of 69322 and a Short% of Float of 3.3299996999999997.
