Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Until today this year the stock’s price performance recorded an increase of 51.75%. However, over the last six months, the performance has been weaker by 56.13%. The price of VSTM increased 55.38% over the last 30 days. And in the last five days, it has surged by 35.73%.
Verastem Inc. (VSTM) current stock price is $0.61. During the last trading session, the stock soared, reaching $0.49 after opening at $0.44. The stock’s lowest point was $0.411 before it closed at $0.45.
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The market performance of Verastem Inc. has been somewhat unstable. Over the past year, the company’s stock achieved a high of $1.47 on 06/08/22, with the lowest value for the same timeframe being $0.29, recorded on 10/21/22.
52-week price history of VSTM Stock
A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Verastem Inc.’s current trading price is -58.45% away from its 52-week high, while its distance from the 52-week low is 110.98%. The stock’s price range over this timeframe has been between $0.29 and $1.47. The shares of the Healthcare sector company recorded a trading volume of approximately 10.21 million for the day, which was comparatively higher than the average daily volume of 0.65 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Verastem Inc. (VSTM) has experienced a quarterly rise of 25.27% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 84.98M and boasts a workforce of 57 employees.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.4844, with a change in price of +0.1710. Similarly, Verastem Inc. recorded 804,733 in trading volume during the last 100 days, posting a change of +40.81%.
VSTM’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for VSTM stands at 1.24. Similarly, the long-term debt-to-equity ratio is also 1.20.
VSTM Stock Stochastic Average
Verastem Inc.’s raw stochastic average for the past 50 days is currently at 85.74%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 83.37%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 66.37% and 66.20%, respectively.
