Verastem Inc (NASDAQ:VSTM)’s traded shares stood at 0.83 million during the latest session, with the company’s beta value hitting 0.24. At the last check today, the stock’s price was $4.16, to imply an increase of 6.67% or $0.26 in intraday trading. The VSTM share’s 52-week high remains $14.22, putting it -241.83% down since that peak but still an impressive 49.52% since price per share fell to its 52-week low of $2.10. The company has a valuation of $185.15M, with an average of 0.66 million shares in intraday trading volume over the past 10 days and average of 992.85K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Verastem Inc (VSTM), translating to a mean rating of 1.00. Of 5 analyst(s) looking at the stock, 0 analyst(s) give VSTM a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 4 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.74.
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
Verastem Inc (NASDAQ:VSTM) trade information
After registering a 6.67% upside in the latest session, Verastem Inc (VSTM) has traded red over the past five days. The 5-day price performance for the stock is -2.35%, and 6.39% over 30 days. With these gigs, the year-to-date price performance is -48.89%. Short interest in Verastem Inc (NASDAQ:VSTM) saw shorts transact 2.0 million shares and set a 1.87 days time to cover.
The extremes give us $7 and $7 for target low and target high price respectively. As such, VSTM has been trading -68.27% off suggested target high and -68.27% from its likely low.
Verastem Inc (VSTM) estimates and forecasts
Looking at statistics comparing Verastem Inc share performance against respective industry, we note that the company has outperformed competitors. Verastem Inc (VSTM) shares are 43.45% up over the last 6 months, with its year-to-date growth rate higher than industry average at 23.74% against 16.70%.
Revenue forecast for the current quarter as set by 8 analysts is 150k. Meanwhile, for the current quarter, a total of 5 analyst(s) estimate revenue growth to 160k.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 24.76% for the past 5-year period. While 2024 is set for a 24.15% return in earnings, projections for the next 5 years are at 1.74% annually.
VSTM Dividends
Verastem Inc has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Verastem Inc (NASDAQ:VSTM)’s Major holders
Verastem Inc insiders hold 0.83% of total outstanding shares, with institutional holders owning 59.90% of the shares at 60.40% float percentage. In total, 59.90% institutions holds shares in the company.
