Is Vistagen Therapeutics Inc (VTGN) Stock a Good Buy for Short-term Investors?

At the time of writing, Vistagen Therapeutics Inc [VTGN] stock is trading at $2.50, up 11.11%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The VTGN shares have gain 2.88% over the last week, with a monthly amount drifted -4.21%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Vistagen Therapeutics Inc [NASDAQ: VTGN] stock has seen the most recent analyst activity on December 07, 2023, when Jefferies upgraded its rating to a Buy but kept the price target unchanged to $15 for it. Previously, Maxim Group upgraded its rating to Buy on August 07, 2023, and kept the price target unchanged to $30. On July 22, 2022, downgrade downgraded it’s rating to Mkt Perform. Robert W. Baird downgraded its rating to a Neutral. Jefferies downgraded its rating to a Hold. Robert W. Baird started tracking with a Outperform rating for this stock on May 20, 2021, and assigned it a price target of $9. In a note dated February 18, 2021, Jefferies initiated an Buy rating and provided a target price of $6 on this stock.

For the past year, the stock price of Vistagen Therapeutics Inc fluctuated between $2.22 and $5.86. Currently, Wall Street analysts expect the stock to reach $6 within the next 12 months. Vistagen Therapeutics Inc [NASDAQ: VTGN] shares were valued at $2.50 at the most recent close of the market. An investor can expect a potential return of 140.0% based on the average VTGN price forecast.

Analyzing the VTGN fundamentals

According to Vistagen Therapeutics Inc [NASDAQ:VTGN], the company’s sales were 0.88M for trailing twelve months, which represents an -34.10% plunge. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at -52.07%, Pretax Profit Margin comes in at -45.17%, and Net Profit Margin reading is -45.18%. To continue investigating profitability, this company’s Return on Assets is posted at -0.39, Equity is -0.36 and Total Capital is -0.48.

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 2.30 points at the first support level, and at 2.11 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.62, and for the 2nd resistance point, it is at 2.75.

Ratios To Look Out For

It is important to note that Vistagen Therapeutics Inc [NASDAQ:VTGN] has a current ratio of 13.29. Also, the Quick Ratio is 13.29, while the Cash Ratio stands at 11.2. Considering the valuation of this stock, the price to sales ratio is 87.89, the price to book ratio is 0.73.

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