You Should Know These Things About Verastem Inc. (VSTM)

As of Friday close, Verastem Inc.’s (NASDAQ:VSTM) stock was up $0.06, moving up 5.31 percent to $1.19. The average number of shares traded per day over the past five days has been 970,000 shares. 5 times new highs have been achieved over the past 5 days, with a $0.1200 gain in that time frame. In the last twenty days, the average volume was 862,615, while in the previous 50 days, it was 1,822,630.

Since last month, VSTM stock rose 7.21%. Shares of the company fell to $1.0500 on 08/01/22, the lowest level in the past month. A 52-week high of $3.58 was reached on 04/14/22 after having rallying from a 52-week low of $1.00. Since the beginning of this year, VSTM’s stock price has dropped by -41.95% or -$0.8600, and marked a new high 3 times. However, the stock has declined by -66.76% since its 52-week high.

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Verastem Inc. (VSTM) last reported insider trading activity 5 days ago on Aug 01. Stuglik Brian M, the Chief Executive Officer of the company, disposed of 5,858 shares for $1.08 on Aug 01. It resulted in a $6,327 divestment by the insider. Gagnon Robert E. sold 1,351 shares at an average price of $1.14 on Jun 21. The insider now owns 589,902 shares following the transaction. On Jun 21, Chief Executive Officer Stuglik Brian M sold 3,362 shares at $1.14 apiece. The transaction was valued at $3,833.

Valuation Metrics

The stock’s beta is 0.81. Besides these, the trailing price-to-sales (P/S) ratio of 65.06, the price-to-book (PB) ratio of 3.05.

Financial Health

According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 0.34. Based on annual data, VSTM earned $2.05 million in gross profit and brought in $2.05 million in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -69.90%. Return on equity (ROE) for the past 12 months was -85.00%.

In Verastem Inc.’s quarter-end financial report for March 30, it reported total debt of $24.16 million against cash and short-term investments of $59.59 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. VSTM’s revenue rose 61.15% to $0.55 million during the quarter, while net income inched up to $2.6 million. While analysts expected Verastem Inc. to report -$0.08 quarterly earnings, the actual figure was -$0.09 per share, beating the consensus estimate by -12.50%. During the quarter, the company generated -$16.97 million in EBITDA. The liabilities of Verastem Inc. were 43.38 million at the end of its most recent quarter ended March 30, and its total debt was $27.19 million. The value of shareholders’ equity is $186.36 million.

Technical Picture

This quick technical analysis looks at Verastem Inc.’s (VSTM) price momentum. With a historical volatility rate of 40.00%, the RSI 9-day stood at 60.27% on 05 August.

With respect to its five-day moving average, the current Verastem Inc. price is up by +11.21% percent or $0.1200. However, the stock is currently trading approximately -4.80% below its SMA50 and -55.76% below its SMA200.

Stochastic coefficient K was 44.96% and Stochastic coefficient D was 31.01%, while ATR was 0.0630. Given the Stochastic reading of 65.12% for the 14-day period, the RSI (14) reading has been calculated as 54.46%. As of today, the MACD Oscillator reading stands at 0.0333.

Analyst Ratings

Verastem Inc. (VSTM) has been rated Buy by analysts. According to 0 brokerage firms, VSTM is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Verastem Inc. stock as buy, with 5 recommending it as overweight.

With a median target price of $5.00, the current consensus forecast for the stock is $5.00 – $8.00. Based on these forecasts, analysts predict Verastem Inc. (VSTM) will achieve an average price target of $5.80.


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