The closing price of Ventyx Biosciences Inc (NASDAQ: VTYX) was $6.05 for the day, up 3.24% from the previous closing price of $5.86. In other words, the price has increased by $+0.19 from its previous closing price. On the day, 2788843 shares were traded.
Ratios:
Our analysis of VTYX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 11.76 and its Current Ratio is at 11.76. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.04.
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 the company, Wells Fargo on November 07, 2023, Downgraded its rating to Equal Weight and sets its target price to $8 from $77 previously.
On November 07, 2023, Stifel Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $6.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 20 when Mohan Raju sold 58,860 shares for $2.12 per share. The transaction valued at 124,660 led to the insider holds 1,570,719 shares of the business.
Nuss John sold 17,628 shares of VTYX for $37,334 on Dec 20. The Chief Scientific Officer now owns 262,118 shares after completing the transaction at $2.12 per share. On Dec 20, another insider, Krueger Christopher W, who serves as the Chief Business Officer of the company, sold 5,293 shares for $2.12 each. As a result, the insider received 11,210 and left with 282,119 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, VTYX now has a Market Capitalization of 357.24M and an Enterprise Value of 2.08B.
Stock Price History:
Over the past 52 weeks, VTYX has reached a high of $47.25, while it has fallen to a 52-week low of $1.87. The 50-Day Moving Average of the stock is 2.58, while the 200-Day Moving Average is calculated to be 20.53.
Shares Statistics:
VTYX traded an average of 4.13M shares per day over the past three months and 13.84M shares per day over the past ten days. A total of 56.98M shares are outstanding, with a floating share count of 46.84M. Insiders hold about 20.58% of the company’s shares, while institutions hold 77.58% stake in the company. Shares short for VTYX as of Jan 31, 2024 were 4.86M with a Short Ratio of 1.18, compared to 5.35M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 8.23% and a Short% of Float of 12.38%.
Earnings Estimates
The firm’s stock currently is rated by 9 analysts. On average, analysts expect EPS of -$0.9 for the current quarter, with a high estimate of -$0.62 and a low estimate of -$1.24, while EPS last year was -$0.62. The consensus estimate for the next quarter is -$0.87, with high estimates of -$0.71 and low estimates of -$0.94.
Analysts are recommending an EPS of between -$3.13 and -$3.75 for the fiscal current year, implying an average EPS of -$3.45. EPS for the following year is -$3.01, with 9 analysts recommending between -$1.81 and -$4.27.
