In last trading session, Verastem, Inc. (NASDAQ:VSTM) saw 1,707,814 shares changing hands with its beta currently measuring 1.21. Company’s recent per share price level of $1.635 trading at $0 or -2.1% at recent trade assigns it a market valuation of $265.74 Million. That current price of VSTM’s stock is at a discount of -185.63% from its 52-week high price of $4.67 and is indicating a premium of 49.24% from its 52-week low price of $0.83. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 10.72 Million shares which gives us an average trading volume of 8.09 Million if we extend that period to 3-months.
Verastem, Inc. (NASDAQ:VSTM) trade information
In the face of being in the red today for losing -0.9%, in the last five days VSTM remained trading in the green while hitting it’s week-highest on Monday, Jun 29 when the stock touched $1.78 price level, adding 6.81% to its value on the day. Verastem, Inc.’s shares saw a change of 23.78% in year-to-date performance and have moved -4.67% in past 5-day. Verastem, Inc. (NASDAQ:VSTM) showed a performance of -11.77% in past 30-days. Number of shares sold short was 9.42 Million shares which calculate 1.16 days to cover the short interests.
Verastem, Inc. (VSTM) estimates and forecasts
Statistics highlight that Verastem, Inc. is scoring comparatively lower than the scores of other players of the relevant industry. The company added +25.56% of value to its shares in past 6 months, showing an annual growth rate of -61.5% while that of industry is 9.8. Apart from that, the company came raising its revenue forecast for fiscal year 2020. The company is estimating its revenue growth to increase by 73.7% in the current quarter and calculating 70.7% increase in the next quarter. This year revenue growth is estimated to drop -3.9% from the last financial year’s standing.
3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $4.11 Million for the same. And 3 analysts are in estimates of company making revenue of $3.84 Million in the next quarter that will end in September 01, 2020. Company posted $3.14 Million and $9.03 Million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 31.1% while estimating it to be -57.5% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 0.7% during past 5 years. In 2020, company’s earnings growth rate is likely to be around -79.4% while estimates for its earnings growth in next 5 years are of 1.74%
Verastem, Inc. (NASDAQ:VSTM)’s Major holders
Insiders are in possession of 6.72% of company’s total shares while institution are holding 28.23% percent of that, with stock having share float percentage of 30.26%. Investors also watch the number of corporate investors in a company very closely, which is 92 institutions for Verastem, Inc. that are currently holding shares of the company. RA Capital Management, L.P. is the top institutional holder at VSTM for having 18.6 Million shares of worth $49.12 Million. And as of March 30, 2020, it was holding 11.45% of the company’s outstanding shares.
The second largest institutional holder is Vivo Capital, LLC, which was holding about 8.14 Million shares on March 30, 2020. The number of shares represents firm’s hold over 5.01% of outstanding shares, having a total worth of $21.49 Million.