Vast Renewables Ltd (NASDAQ:VSTE) traded at $6.75 at close of the session on Monday, November 04 and made an upward move of 40.62% on its previous day’s price.
Looking at the stock we see that its previous close was $4.80 and the beta (5Y monthly) reads -0.408 with the day’s price range being $5.6052 – $7.68. In terms of its 52-week price range, VSTE has a high of $14.00 and a low of $0.83. The company’s stock has gained about 561.76% over that past 30 days.
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Vast Renewables Ltd has a market cap of $485.56 million and is expected to release its quarterly earnings report in December.
On the other hand, looking at the outlook for the VSTE stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 50% Sell.
Looking further, we note the current price level is 329.29% off its SMA20 and 412.30% from its 50-day simple moving average. The RSI (14) is pointing at 92.56 while the volatility over the past week is 107.32% and jumps to 34.22% over the past one month. The beta value is -0.66, while the average true range (ATR) is currently pointing at 0.81.
Coming back to Vast Renewables Ltd (NASDAQ:VSTE), we note that the average 3-month trading volume was 1.97 million, while that of the preceding 10-day period stands at 12.72 million. Current shares outstanding are 29.97 million.
The insiders hold 93.05% of the company’s shares while institutions hold 0.10%. The data shows that short shares as of 2024-10-15, stood at 11447.0 at a short ratio of 0.91. This represents a 55.00 short interest in shares outstanding on 2024-10-15. Shares short rose in October from the previous month at 10234.0. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 30.06% up in year-to-date price movement.
