VistaGen Therapeutics Inc. (NASDAQ:VTGN) finished Thursday with a subtraction of $0.0 to close at $0.16, a downside of -0.86 percent. An average of 5,324,220 shares of common stock have been traded in the last five days. There was a fall of -$0.0298 in the past week, and it reached a new high 2 times over the past 12 months. The last 20 days have seen an average of 11,047,400 shares traded, while the 50-day average volume stands at 18,715,605.
VTGN stock has decreased by -19.25% in the last month. The company shares reached their 1-month lowest point of $0.1550 on 09/22/22. With the stock rallying to its 52-week high on 01/04/22, shares of the company touched a low of $0.14 and a high of $2.98 in 52 weeks. It has reached a new high 2 times so far this year and lost -91.70% or -$1.7881 in price. In spite of this, the price is down -94.57% from the 52-week high.
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73 days have passed since VistaGen Therapeutics Inc. (VTGN) last reported insider trading activity. Venrock Healthcare Capital Par, who is 10% Owner, most recently acquired $60,000 shares at $0.89 per share on Jul 12.
VistaGen Therapeutics Inc. (VTGN) stock’s beta is 0.43. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 30.59, the price-to-book (PB) ratio at 0.74.
The quick ratio of VistaGen Therapeutics Inc. for the three months ended March 30 was 6.20, and the current ratio was 6.20, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.00 and a total debt to equity ratio of 0.02 for the quarter ending March 30. Its gross profit as reported stood at $48.89 million compared to revenue of $1.11 million.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, VistaGen Therapeutics Inc.’s return on assets was -74.40%.
In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$19.78 million in the quarter, while revenues of -$16.69 million were grew 59.0%. The analyst consensus anticipated VistaGen Therapeutics Inc.’s latest quarter earnings to come in at -$0.06 per share, but it turned out to be -$0.09, a -50.00% surprise. For the quarter, EBITDA amounted to -$19.74 million. Shareholders own equity worth $206.84 million.
From a technical analysis perspective, let’s take a brief look at VistaGen Therapeutics Inc. (VTGN) price momentum. RSI 9-day as of the close on 22 September was 33.66%, suggesting the stock is Neutral, with historical volatility in this time frame at 44.35%.
As of today, VTGN’s price is $0.1739 -15.55% or -$0.0298 from its 5-day moving average. VTGN is currently trading -22.61% lower than its 20-day SMA and -87.25% lower than its 100-day SMA. However, the stock’s current price level is -82.01% below the SMA50 and -90.42% below the SMA200.
The stochastic %K and %D were 8.67% and 16.11%, respectively, and the average true range (ATR) was 0.0221. With the 14-day stochastic at 7.67% and the average true range at 0.0274, the RSI (14) stands at 35.57%. The stock has reached -0.0169 on the 9-day MACD Oscillator while the 14-day reading was at -0.0166.
William Blair downgraded VistaGen Therapeutics Inc. (NASDAQ: VTGN) to a a Mkt perform rating in its most recent analyst report. Previously, the stock was rated as an Outperform. The consensus rating for VistaGen Therapeutics Inc. (VTGN) among analysts is Hold. According to current brokerage recommendations, 0 brokerage firms advise that investors sell VTGN, while 3 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 1 others rate it as a “buy”.
What is VTGN’s price target for the next 12 months?
Analysts predict a range of price targets between $0.17 and $8.00, with a median target of $0.23. Taking a look at these predictions, the average price target given by analysts for VistaGen Therapeutics Inc. (VTGN) stock is $2.15.