Verastem Inc (NASDAQ:VSTM) price on Thursday, May 01, fall -0.80% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $7.43.
A look at the stock’s price movement, the close in the last trading session was $7.49, moving within a range at $7.05 and $7.55. 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 27.66% over the past month.
Verastem Inc’s market cap currently stands at around $382.57 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 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy 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 24.26% and 19.65% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 63.58, while 7-day volatility ratio is 10.49% and 11.04% in the 30-day chart. Further, Verastem Inc (VSTM) has a beta value of 0.85, and an average true range (ATR) of 0.62. 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 -34.59% off current price level while to achieve the yearly target high, price needs to move -88.43%. Nonetheless, investors will most likely welcome a -61.51% 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 1.58 over the past 10 days and 907.88K 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 57.22% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 8.82 million on 2025-04-15, giving us a short ratio of 10.46. The data shows that as of 2025-04-15 short interest in Verastem Inc (VSTM) stood at 1720.0 of shares outstanding, with shares short rising to 7.32 million registered in 2025-03-14. Current price change has pushed the stock 43.71% 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.
