Verastem Inc (NASDAQ:VSTM) has a beta value of 0.26 and has seen 0.69 million shares traded in the recent trading session. The company, currently valued at $336.99M, closed the recent trade at $7.02 per share which meant it gained $0.02 on the day or 0.29% during that session. The VSTM stock price is -102.56% off its 52-week high price of $14.22 and 70.09% above the 52-week low of $2.10. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.69 million shares traded. The 3-month trading volume is 1.48 million shares.
The consensus among analysts is that Verastem Inc (VSTM) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 5 have rated it as a Hold, with 4 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.74.
Verastem Inc (NASDAQ:VSTM) trade information
Sporting 0.29% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the VSTM stock price touched $7.02 or saw a rise of 3.31%. Year-to-date, Verastem Inc shares have moved 35.78%, while the 5-day performance has seen it change 89.22%. Over the past 30 days, the shares of Verastem Inc (NASDAQ:VSTM) have changed 27.87%. Short interest in the company has seen 2.62 million shares shorted with days to cover at 2.53.
Wall Street analysts have a consensus price target for the stock at $7, which means that the shares’ value could drop -0.29% from the levels at last check today. The projected low price target is $7.0 while the price target rests at a high of $7.0. In that case, then, we find that the latest price level in today’s session is 0.28% off the targeted high while a plunge would see the stock lose 0.28% from the levels at last check today.
Verastem Inc (VSTM) estimates and forecasts
Figures show that Verastem Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 168.97% over the past 6 months, with this year growth rate of 23.74%, compared to 16.90% for the industry. Revenue growth from the last financial year stood is estimated to be 0.00%.
8 analysts offering their estimates for the company have set an average revenue estimate of 150k for the current quarter. 4 have an estimated revenue figure of 200k for the next ending quarter.
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 24.76% over the past 5 years. Earnings growth for 2025 is a modest 24.15% while over the next 5 years, the company’s earnings are expected to increase by 1.74%.
VSTM Dividends
Verastem Inc is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Verastem Inc (NASDAQ:VSTM)’s Major holders
Insiders own 0.82% of the company shares, while shares held by institutions stand at 59.92% with a share float percentage of 60.42%. Investors are also buoyed by the number of investors in a company, with Verastem Inc having a total of 107.0 institutions that hold shares in the company.
