Verastem Inc [VSTM] stock is trading at $3.36, up 12.75%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The VSTM shares have gain 22.63% over the last week, with a monthly amount drifted -3.17%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, B. Riley Securities started tracking the stock with Buy rating on September 27, 2023, and set its price target to $21. On June 15, 2023, upgrade upgraded it’s rating to Buy and revised its price target to $36 on the stock. RBC Capital Mkts started tracking with a Outperform rating for this stock on April 14, 2022, and assigned it a price target of $5. In a note dated March 09, 2022, Truist initiated an Buy rating and provided a target price of $6 on this stock.
Verastem Inc [VSTM] stock has fluctuated between $2.60 and $14.22 over the past year. Currently, Wall Street analysts expect the stock to reach $9 within the next 12 months. Verastem Inc [NASDAQ: VSTM] shares were valued at $3.36 at the most recent close of the market. An investor can expect a potential return of 167.86% based on the average VSTM price forecast.
Analyzing the VSTM fundamentals
Gross Profit Margin for this corporation currently stands at 0.67% with Operating Profit Margin at -884.2%, Pretax Profit Margin comes in at -925.58%, and Net Profit Margin reading is -925.58%. To continue investigating profitability, this company’s Return on Assets is posted at -0.85, Equity is -1.2 and Total Capital is -1.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.13.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 3.09 points at the first support level, and at 2.81 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.58, and for the 2nd resistance point, it is at 3.79.
Ratios To Look Out For
For context, Verastem Inc’s Current Ratio is 4.40. Also, the Quick Ratio is 4.40, while the Cash Ratio stands at 3.08.
Transactions by insiders
Recent insider trading involved Calkins Daniel, Chief Financial Officer, that happened on Jul 09 ’24 when 7.0 shares were sold. Chief Financial Officer, Calkins Daniel completed a deal on Jun 24 ’24 to sell 28.0 shares. Meanwhile, Director Stuglik Brian M sold 335.0 shares on Jun 20 ’24.
