Verastem Inc (NASDAQ:VSTM) price on Thursday, April 10, fall -14.39% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $4.52.
A look at the stock’s price movement, the close in the last trading session was $5.28, moving within a range at $4.47 and $5.3485. The beta value (5-Year monthly) was 0.563. Turning to its 52-week performance, $13.52 and $2.10 were the 52-week high and 52-week low respectively. Overall, VSTM moved -39.97% over the past month.
Verastem Inc’s market cap currently stands at around $232.72 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-19.
Wall Street analysts have also projected the company’s year-on-year revenue to grow to 15.81M, representing a 58.09% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that VSTM is a 50% Buy. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in Hold category.
5 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 4 recommend VSTM as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
VSTM’s current price about -26.03% and -25.66% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 33.21, while 7-day volatility ratio is 15.34% and 9.65% in the 30-day chart. Further, Verastem Inc (VSTM) has a beta value of 0.92, and an average true range (ATR) of 0.58. Analysts have given the company’s stock an average 52-week price target of $12, forecast between a low of $10 and high of $14. Looking at the price targets, the low is -121.24% off current price level while to achieve the yearly target high, price needs to move -209.73%. Nonetheless, investors will most likely welcome a -165.49% jump to $12 which is the analysts’ median price.
If we refocus on Verastem Inc (NASDAQ:VSTM), historical trading data shows that trading volumes averaged 1.06 over the past 10 days and 868.84K over the past 3 months. The company’s latest data on shares outstanding shows there are 51.49 million shares.
The 11.39% of Verastem Inc’s shares are in the hands of company insiders while institutional holders own 57.27% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 7.32 million on 2025-03-14, giving us a short ratio of 8.68. The data shows that as of 2025-03-14 short interest in Verastem Inc (VSTM) stood at 1639.9999 of shares outstanding, with shares short rising to 5.58 million registered in 2025-02-14. Current price change has pushed the stock -12.57% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the VSTM stock continues to rise going into the next quarter.
