Currently, there are 51.49M common shares owned by the public and among those 48.47M shares have been available to trade.
The company’s stock has a 5-day price change of -27.56% and 8.66% over the past three months. VSTM shares are trading 16.44% year to date (YTD), with the 12-month market performance up to 50.50% higher. It has a 12-month low price of $2.10 and touched a high of $9.10 over the same period. VSTM has an average intraday trading volume of 1.42 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -18.85%, -9.47%, and 21.51% respectively.
Institutional ownership of Verastem Inc (NASDAQ: VSTM) shares accounts for 69.35% of the company’s 51.49M shares outstanding.
It has a market capitalization of $330.80M and a beta (3y monthly) value of 0.85. The earnings-per-share (ttm) stands at -$3.19. Price movements for the stock have been influenced by the stock’s volatility, which stands at 10.58% over the week and 7.46% over the month.
Earnings per share for the fiscal year are expected to increase by 27.26%, and 31.96% over the next financial year. EPS should grow at an annualized rate of 32.05% over the next five years, compared to 31.36% over the past 5-year period.
Looking at the support for the VSTM, a number of firms have released research notes about the stock. Jefferies stated their Buy rating for the stock in a research note on April 10, 2025, with the firm’s price target at $15. H.C. Wainwright coverage for the Verastem Inc (VSTM) stock in a research note released on March 24, 2025 offered a Buy rating with a price target of $10. BTIG Research was of a view on December 31, 2024 that the stock is Buy, while Guggenheim gave the stock Buy rating on September 30, 2024, issuing a price target of $13. BTIG Research on their part issued Buy rating on November 21, 2023.
