Vroom Inc. (NASDAQ:VRM) saw a downside of -3.92% to close Tuesday at $0.93 after subtracting -$0.04 on the day. The 5-day average trading volume is 3,581,260 shares of the company’s common stock. It has gained $1.1200 in the past week and touched a new high 1 time within the past 5 days. An average of 3,485,910 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 3,914,090.
VRM’s 1-month performance is -3.49% or -$0.0053 on its low of $0.8550 reached on 12/27/22. The company’s shares have touched a 52-week low of $0.82 and high of $8.62, with the stock’s rally to the 52-week high happening on 01/12/23. YTD, VRM has lost -8.41% or -$0.0858 and has reached a new high 6 times. However, the current price is down -89.16% from the 52-week high price.
VRM stock investors last saw insider trading activity on Jan 05.Shortt Thomas H (Chief Executive Officer) most recently sold 21,692 shares at $1.03 per share on Jan 05. This transaction cost the insider $22,434. Director, Lang Laura W, sold 7,204 shares at a price of $0.99 on Dec 07. Then, on Oct 13, Principal Accounting Officer Zakowicz Agnieszka sold 160 shares at a price of $1.11 per share. This transaction amounted to $177.
Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.05 while the price-to-book (PB) in the most recent quarter is 0.29.
Vroom Inc.’s quick ratio for the period ended June 29 was 1.30, with the current ratio over the same period at 1.90. As well, the company’s long term debt to equity for the quarter ending June 29 was 1.37, while the total debt to equity was 2.26.. In terms of profitability, the gross margin trailing 12 months is 9.70%. The firm’s gross profit as reported stood at $202.1 million against revenue of $3.18 billion.
For the quarterly period ending June 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income shrunk -91.9% to -$51.13 million, while revenue of -$115.09 million was -125.09% off the previous quarter. Analysts expected VRM to announce -$0.75 per share in earnings in its latest quarter, but it posted -$0.73, representing a 2.70% surprise. EBITDA for the quarter stood at more than -$65.9 million. VRM stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 1.36 billion, with total debt at $1.44 billion. Shareholders hold equity totaling $138.17 million.
Let’s look briefly at Vroom Inc. (VRM) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 24 January was 40.95% to suggest the stock is trending Neutral, with historical volatility in this time period at 84.92%.
The stock’s 5-day moving average is $0.9432, reflecting a -10.17% or -$0.1058 change from its current price. VRM is currently trading +2.66% above its 20-day SMA, -44.39% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +1.61% and SMA200 by-61.40%.
Stochastic %K and %D was 13.26% and 14.88% and the average true range (ATR) pointed at 0.0958. The RSI (14) points at 43.26%, while the 14-day stochastic is at 8.98% with the period’s ATR at 0.0976. The stock’s 9-day MACD Oscillator is pointing at -0.0513 and -0.0697 on the 14-day charts.
In the most recent analyst report for Vroom Inc. (NASDAQ: VRM), Robert W. Baird downgraded it to a Neutral rating. They previously had an Outperform rating on the stock. Analysts offering their rating for VRM stock have a consensus rating for the stock as Hold. Currently, 0 brokerage advisors rate VRM as a “sell,”, while 6 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 0 have offered a “buy” rating.