Currently, VYNE Therapeutics Inc [VYNE] is trading at $3.35, up 5.02%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The VYNE shares have gain 30.35% over the last week, with a monthly amount glided 13.18%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
VYNE Therapeutics Inc [NASDAQ: VYNE] stock has seen the most recent analyst activity on November 18, 2024, when BTIG Research initiated its Buy rating and assigned the stock a price target of $8.
This stock has fluctuated between a low of $1.57 and a high of $3.43 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $5.75 within the next 12 months. VYNE Therapeutics Inc [NASDAQ: VYNE] shares were valued at $3.35 at the most recent close of the market. An investor can expect a potential return of 71.64% based on the average VYNE price forecast.
Analyzing the VYNE fundamentals
Trailing Twelve Months sales for VYNE Therapeutics Inc [NASDAQ:VYNE] were 0.49M which represents 6.14% growth. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at -76.47%, Pretax Profit Margin comes in at -68.85%, and Net Profit Margin reading is -68.93%. To continue investigating profitability, this company’s Return on Assets is posted at -0.45, Equity is -0.44 and Total Capital is -0.59.
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 3.18 points at the first support level, and at 3.00 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.44, and for the 2nd resistance point, it is at 3.52.
Ratios To Look Out For
To put it in perspective, the Current Ratio for VYNE Therapeutics Inc [NASDAQ:VYNE] is 5.81. Also, the Quick Ratio is 5.81, while the Cash Ratio stands at 1.29. Considering the valuation of this stock, the price to sales ratio is 100.86, the price to book ratio is 0.78.
