Vincerx Pharma Inc (NASDAQ: VINC) Shares Are Heading Higher

Best AI Stocks

In the last trading session, 1.33 million shares of the Vincerx Pharma Inc (NASDAQ:VINC) were traded, and its beta was 1.19. Most recently the company’s share price was $0.20, and it changed around -$0.01 or -3.87% from the last close, which brings the market valuation of the company to $6.57M. VINC currently trades at a discount to its 52-week high of $9.37, offering almost -4585.0% off that amount. The share price’s 52-week low was $0.21, which indicates that the current value has fallen by an impressive -5.0% since then. We note from Vincerx Pharma Inc’s average daily trading volume that its 10-day average is 0.61 million shares, with the 3-month average coming to 573.37K.

Vincerx Pharma Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 2 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended VINC as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Vincerx Pharma Inc is expected to report earnings per share of 0 for the current quarter.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Vincerx Pharma Inc (NASDAQ:VINC) trade information

Instantly VINC has showed a red trend with a performance of -3.87% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.2966 on recent trading dayincreased the stock’s daily price by 32.57%. The company’s shares are currently down -82.75% year-to-date, but still down -28.55% over the last five days. On the other hand, Vincerx Pharma Inc (NASDAQ:VINC) is -37.77% down in the 30-day period. We can see from the shorts that 0.6 million shares have been sold at a short interest cover period of 1.61 day(s).

The consensus price target as assigned by Wall Street analysts is $2, which translates to bulls needing to increase their stock price by 90.0% from its current value. Analyst projections state that VINC is forecast to be at a low of $2 and a high of $2.

Vincerx Pharma Inc (VINC) estimates and forecasts

Vincerx Pharma Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -71.42 percent over the past six months and at a 60.85% annual growth rate that is well above the industry average of 17.10%.

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -283.70%.

VINC Dividends

Vincerx Pharma Inc’s next quarterly earnings report is expected to be released in January.

Vincerx Pharma Inc (NASDAQ:VINC)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 15.97% of Vincerx Pharma Inc shares, and 32.93% of them are in the hands of institutional investors. The stock currently has a share float of 39.19%. Vincerx Pharma Inc stock is held by 33.0 institutions, with PROSIGHT MANAGEMENT, LP being the largest institutional investor. By 2024-06-30, it held 11.6281% of the shares, which is about 2.49 million shares worth $2.02 million.

ARMISTICE CAPITAL, LLC, with 9.2897% or 1.99 million shares worth $1.61 million as of 2024-06-30, holds the second largest percentage of outstanding shares.