The stock price of Vroom Inc. (NASDAQ: VRM) has plunged by -6.08 when compared to previous closing price of 0.74, but the company has seen a -12.76% decline in its stock price over the last five trading sessions. Zacks Investment Research reported 2023-11-07 that The headline numbers for Vroom (VRM) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Is It Worth Investing in Vroom Inc. (NASDAQ: VRM) Right Now?
and a 36-month beta value of 2.17. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 4 as “hold,” and 0 as “sell.”
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The average price predicted for Vroom Inc. (VRM) by analysts is $1.00, which is $0.31 above the current market price. The public float for VRM is 120.84M, and at present, short sellers hold a 13.44% of that float. On November 21, 2023, the average trading volume of VRM was 2.28M shares.
VRM’s Market Performance
VRM stock saw a decrease of -12.76% in the past week, with a monthly decline of -21.75% and a quarterly a decrease of -41.36%. The volatility ratio for the week is 9.87%, and the volatility levels for the last 30 days are 9.66% for Vroom Inc. (VRM). The simple moving average for the last 20 days is -17.29% for VRM stock, with a simple moving average of -39.68% for the last 200 days.
Analysts’ Opinion of VRM
Many brokerage firms have already submitted their reports for VRM stocks, with Robert W. Baird repeating the rating for VRM by listing it as a “Neutral.” The predicted price for VRM in the upcoming period, according to Robert W. Baird is $2 based on the research report published on November 22, 2022 of the previous year 2022.
VRM Trading at -29.53% from the 50-Day Moving Average
After a stumble in the market that brought VRM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -75.46% of loss for the given period.
Volatility was left at 9.66%, however, over the last 30 days, the volatility rate increased by 9.87%, as shares sank -18.73% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -43.96% lower at present.
During the last 5 trading sessions, VRM fell by -12.39%, which changed the moving average for the period of 200-days by -45.28% in comparison to the 20-day moving average, which settled at $0.8286. In addition, Vroom Inc. saw -32.16% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at VRM starting from Zakowicz Agnieszka, who sale 152 shares at the price of $1.01 back on Oct 16. After this action, Zakowicz Agnieszka now owns 371,650 shares of Vroom Inc., valued at $154 using the latest closing price.
Krakowiak Robert R., the Chief Financial Officer of Vroom Inc., sale 7,399 shares at $1.30 during a trade that took place back on Sep 15, which means that Krakowiak Robert R. is holding 1,362,927 shares at $9,600 based on the most recent closing price.
Stock Fundamentals for VRM
Current profitability levels for the company are sitting at:
- -20.08 for the present operating margin
- +8.14 for the gross margin
The net margin for Vroom Inc. stands at -23.19. The total capital return value is set at -22.26, while invested capital returns managed to touch -37.15. Equity return is now at value -56.71, with -11.54 for asset returns.
Based on Vroom Inc. (VRM), the company’s capital structure generated 207.42 points at debt to equity in total, while total debt to capital is 67.47. Total debt to assets is 60.89, with long-term debt to equity ratio resting at 88.86. Finally, the long-term debt to capital ratio is 28.90.
When we switch over and look at the enterprise to sales, we see a ratio of 0.71, with the company’s debt to enterprise value settled at 1.51. The receivables turnover for the company is 8.59 and the total asset turnover is 0.98. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.73.
Conclusion
To sum up, Vroom Inc. (VRM) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
