Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
The price of Verastem Inc (NASDAQ: VSTM) closed at $5.39 in the last session, down -2.36% from day before closing price of $5.52. In other words, the price has decreased by -$2.36 from its previous closing price. On the day, 2.71 million shares were traded. VSTM stock price reached its highest trading level at $6.01 during the session, while it also had its lowest trading level at $5.275.
Ratios:
We take a closer look at VSTM’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.23 and its Current Ratio is at 3.23. In the meantime, Its Debt-to-Equity ratio is 1.29 whereas as Long-Term Debt/Eq ratio is at 0.95.
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, Guggenheim on September 30, 2024, initiated with a Buy rating and assigned the stock a target price of $13.
On September 27, 2023, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $21.B. Riley Securities initiated its Buy rating on September 27, 2023, with a $21 target price.
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 05 ’24 when Paterson Dan sold 812 shares for $3.84 per share. The transaction valued at 3,118 led to the insider holds 231,576 shares of the business.
Calkins Daniel sold 6 shares of VSTM for $17 on Oct 07 ’24. The Chief Financial Officer now owns 47,461 shares after completing the transaction at $2.86 per share. On Sep 20 ’24, another insider, Calkins Daniel, who serves as the Chief Financial Officer of the company, sold 65 shares for $2.80 each. As a result, the insider received 182 and left with 47,495 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, VSTM now has a Market Capitalization of 239890032 and an Enterprise Value of 189304176. For the stock, the TTM Price-to-Sale (P/S) ratio is 23.99 while its Price-to-Book (P/B) ratio in mrq is 19.62. Its current Enterprise Value per Revenue stands at 18.93 whereas that against EBITDA is -1.654.
Stock Price History:
Over the past 52 weeks, VSTM has reached a high of $14.22, while it has fallen to a 52-week low of $2.10. The 50-Day Moving Average of the stock is 51.11%, while the 200-Day Moving Average is calculated to be -9.56%.
Shares Statistics:
According to the various share statistics, VSTM traded on average about 917.42K shares per day over the past 3-months and 1135370 shares per day over the past 10 days. A total of 40.26M shares are outstanding, with a floating share count of 39.12M. Shares short for VSTM as of 1731628800 were 2356826 with a Short Ratio of 2.57, compared to 1728950400 on 2440206. Therefore, it implies a Short% of Shares Outstanding of 2356826 and a Short% of Float of 5.3100000000000005.