During the last session, Ventyx Biosciences Inc (NASDAQ:VTYX)’s traded shares were 0.89 million, with the beta value of the company hitting 0.46. At the end of the trading day, the stock’s price was $2.07, reflecting an intraday gain of 4.55% or $0.09. The 52-week high for the VTYX share is $38.20, that puts it down -1745.41 from that peak though still a striking 9.66% gain since the share price plummeted to a 52-week low of $1.87. The company’s market capitalization is $145.93M, and the average intraday trading volume over the past 10 days was 1.2 million shares, and the average trade volume was 1.10 million shares over the past three months.
Ventyx Biosciences Inc (VTYX) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.67. VTYX has a Sell rating from 0 analyst(s) out of 8 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 7 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.54.
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Ventyx Biosciences Inc (NASDAQ:VTYX) trade information
Ventyx Biosciences Inc (VTYX) registered a 4.55% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 4.55% in intraday trading to $2.07, hitting a weekly high. The stock’s 5-day price performance is -0.48%, and it has moved by -16.19% in 30 days. Based on these gigs, the overall price performance for the year is -93.69%. The short interest in Ventyx Biosciences Inc (NASDAQ:VTYX) is 8.64 million shares and it means that shorts have 8.37 day(s) to cover.
The consensus price target of analysts on Wall Street is $45, which implies an increase of 95.4% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $6 and $60 respectively. As a result, VTYX is trading at a discount of -2798.55% off the target high and -189.86% off the low.
Ventyx Biosciences Inc (VTYX) estimates and forecasts
Statistics show that Ventyx Biosciences Inc has outperformed its competitors in share price, compared to the industry in which it operates. Ventyx Biosciences Inc (VTYX) shares have gone down -12.29% during the last six months, with a year-to-date growth rate more than the industry average at 30.00% against 16.60. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 41.30% this quarter and then jump 26.60% in the quarter after that.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -148.81%. While earnings are projected to return 32.39% in 2024.
Ventyx Biosciences Inc (NASDAQ:VTYX)’s Major holders
Ventyx Biosciences Inc insiders own 3.18% of total outstanding shares while institutional holders control 94.82%, with the float percentage being 97.93%. CITADEL ADVISORS LLC is the largest shareholder of the company, while 172.0 institutions own stock in it. As of 2024-03-31, the company held over 5.89 million shares (or 9.9716% of all shares), a total value of $31.8 million in shares.
The next largest institutional holding, with 3.75 million shares, is of BLACKROCK INC.’s that is approximately 6.3428% of outstanding shares. At the market price on 2024-03-31, these shares were valued at $20.61 million.
