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Monday, June 5, 2023

Value Investing Philosophy And Verastem Inc. (NASDAQ: VSTM)?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Verastem Inc. (VSTM) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.0018, or 0.39%, to $0.46. The Verastem Inc. has recorded 2,327 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Verastem Oncology Appoints Karin Tollefson, PhD, to Board of Directors.

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Stocks Info

VSTM belongs to the Healthcare sector of the NASDAQ while operating in the Biotechnology industry. At the end of the last regular session, the stock closed at $0.46 and fluctuated between $0.4790 as its day high and $0.4500 as its day low. The current market capitalization of Verastem Inc. is $86.96M. A total of 0.51 million shares were traded on the day, compared to an average of 648.70K shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, VSTM has seen 0 BUY and 8 SELL insider trades, representing the acquisition of 0 and the disposition of 21,032 shares. Over the last 12 months, there were 0 BUYs and 23 SELLs from insiders. Insiders purchased 0 shares during that period but sold 104,298.

In the most recent transaction, Calkins Daniel sold 75 shares of VSTM for 0.37 per share on Apr 05. After the transaction, the Vice President of Finance now owns 101,397 company shares. In a previous transaction on Mar 24, Calkins Daniel sold 378 shares at 0.42 per share. VSTM shares that Vice President of Finance owns now total 101,472.

Among the insiders who sold shares, Stuglik Brian M disposed of 3,508 shares on Mar 20 at a per-share price of $0.43. This resulted in the Chief Executive Officer holding 1,112,736 shares of VSTM after the transaction. In another insider transaction, Paterson Dan sold 2,339 shares at $0.43 per share on Mar 20. Company shares held by the President and COO now total 458,351.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for VSTM in the last 3 months, the mean price target is $3.50 with high estimates of $5.00 and low estimates of $2.00. In terms of 52-week highs and lows, VSTM has a high of $1.47 and a low of $0.29.

As of this writing, VSTM has an earnings estimate of -$0.1 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of -$0.09 per share and a lower estimate of -$0.11. The company reported an EPS of -$0.08 in the last quarter, which was 20.00% higher than expectations of -$0.1.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. VSTM’s latest balance sheet shows that the firm has $100.26M in Cash & Short Term Investments as of fiscal 2021. There were $2.26M in debt and $18.59M in liabilities at the time. Its Book Value Per Share was $0.16, while its Total Shareholder’s Equity was $87.56M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for VSTM is Buy with a score of 4.60.

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