In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
Vincerx Pharma Inc (NASDAQ: VINC) closed the day trading at $0.90 down -3.58% from the previous closing price of $0.93. In other words, the price has decreased by -$3.58 from its previous closing price. On the day, 0.5 million shares were traded. VINC stock price reached its highest trading level at $0.93 during the session, while it also had its lowest trading level at $0.88.
Ratios:
For a better understanding of VINC, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.63 and its Current Ratio is at 2.63. In the meantime, Its Debt-to-Equity ratio is 0.22 whereas as Long-Term Debt/Eq ratio is at 0.12.
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, H.C. Wainwright on January 14, 2022, initiated with a Buy rating and assigned the stock a target price of $25.
On December 23, 2021, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $25.
On November 01, 2021, SVB Leerink started tracking the stock assigning a Outperform rating and target price of $24.SVB Leerink initiated its Outperform rating on November 01, 2021, with a $24 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 Aug 11 ’23 when Seelenberger Alexander A. bought 10,500 shares for $0.95 per share. The transaction valued at 9,968 led to the insider holds 30,280 shares of the business.
Hamdy Ahmed MD bought 5,400 shares of VINC for $5,167 on Aug 10 ’23. The insider now owns 96,060 shares after completing the transaction at $0.96 per share. On Aug 10 ’23, another insider, THOMAS TOM C, who serves as the insider of the company, bought 5,000 shares for $0.95 each. As a result, the insider paid 4,750 and bolstered with 219,935 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, VINC now has a Market Capitalization of 19201396 and an Enterprise Value of 8921386.
Stock Price History:
Over the past 52 weeks, VINC has reached a high of $9.37, while it has fallen to a 52-week low of $0.61. The 50-Day Moving Average of the stock is -77.82%, while the 200-Day Moving Average is calculated to be -48.23%.
Shares Statistics:
Over the past 3-months, VINC traded about 1.14M shares per day on average, while over the past 10 days, VINC traded about 611630 shares per day. A total of 21.41M shares are outstanding, with a floating share count of 13.47M. Insiders hold about 37.11% of the company’s shares, while institutions hold 40.76% stake in the company. Shares short for VINC as of 1713139200 were 1196271 with a Short Ratio of 1.05, compared to 1710460800 on 863696. Therefore, it implies a Short% of Shares Outstanding of 1196271 and a Short% of Float of 7.93.
