Veracyte Inc (NASDAQ:VCYT) traded at $29.27 at close of the session on Friday, August 09, made a downward move of -2.34% on its previous day’s price.
Looking at the stock we see that its previous close was $29.97 . In terms of its 52-week price range, VCYT has a high of $30.86 and a low of $18.61. The company’s stock has gained about 29.69% over that past 30 days.
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Veracyte Inc has a market cap of $2.25 billion.
Looking further, we note the current price level is 22.94% off its SMA20 and 30.26% from its 50-day simple moving average. The RSI (14) is pointing at 69.82 while the volatility over the past week is 10.54% and jumps to 6.38% over the past one month. The beta value is 1.54, while the average true range (ATR) is currently pointing at 1.78. The average price target for the stock over the next 12 months is $24.5, with the estimates having a low of $23 and a high of $26. These price ends are 21.42% and 11.17% off the current price level respectively, although investors could be excited at the prospect of a 16.3% if the VCYT share price touches on the median price of $24.5.
Coming back to Veracyte Inc (NASDAQ:VCYT), we note that the average 3-month trading volume was 895.52K, while that of the preceding 10-day period stands at 1.47 million. Current shares outstanding are 76.81 million.
The insiders hold 1.56% of the company’s shares while institutions hold 102.71%. The data shows that short shares as of 2024-07-15, stood at 3.12 million at a short ratio of 3.67. This represents a 4.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.56000000000000054.5600000000000005 short interest in shares outstanding on 2024-07-15. Shares short fall in July from the previous month at 4.52 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 6.40% up in year-to-date price movement.
