Vroom Inc. (VRM) Shares Are Down -92.97% So Far This Year

Vroom Inc. (NASDAQ:VRM) has a beta value of 1.90 and has seen 99047.0 shares traded in the last trading session. The company, currently valued at $13.92M, closed the last trade at $7.65 per share which meant it gained $0.09 on the day or 1.19% during that session. The VRM stock price is -1442.48% off its 52-week high price of $118.00 and 34.64% above the 52-week low of $5.00. If we look at the company’s 10-day average daily trading volume, we find that it stood at 68320.0 shares traded. The 3-month trading volume is 34.61K shares.

The consensus among analysts is that Vroom Inc. (VRM) is Hold stock at the moment, with a recommendation rating of 3.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 3 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight.

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Vroom Inc. (NASDAQ:VRM) trade information

Sporting 1.19% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the VRM stock price touched $7.65 or saw a rise of 20.89%. Year-to-date, Vroom Inc. shares have moved -84.13%, while the 5-day performance has seen it change -16.07%. Over the past 30 days, the shares of Vroom Inc. (NASDAQ:VRM) have changed -14.43%. Short interest in the company has seen 0.36 million shares shorted with days to cover at 10.49.

Wall Street analysts have a consensus price target for the stock at $3.8, which means that the shares’ value could drop -101.32% from current levels. The projected low price target is $1.5 while the price target rests at a high of $51.0. In that case, then, we find that the current price level is -566.67% off the targeted high while a plunge would see the stock lose 80.39% from current levels.

Vroom Inc. (VRM) estimates and forecasts

The company’s shares have lost -36.09% over the past 6 months.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -26.07% over the past 5 years.

VRM Dividends

Vroom Inc. is expected to release its next earnings report in October this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Vroom Inc. (NASDAQ:VRM)’s Major holders

Insiders own 2.08% of the company shares, while shares held by institutions stand at 41.89% with a share float percentage of 42.78%. Investors are also buoyed by the number of investors in a company, with Vroom Inc. having a total of 43.0 institutions that hold shares in the company. The top two institutional holders are GENERAL CATALYST GROUP MANAGEMENT, LLC with over 38145.0 shares worth more than $0.36 million. As of 2024-06-30, GENERAL CATALYST GROUP MANAGEMENT, LLC held 2.1259% of shares outstanding.