Vanda Pharmaceuticals Inc (NASDAQ: VNDA)’s stock price has plunge by -3.10relation to previous closing price of 5.81. Nevertheless, the company has seen a -8.01% plunge in its stock price over the last five trading sessions. reuters.com reported 2024-06-26 that Contract manufacturer Future Pak said on Wednesday it has withdrawn its offer to acquire Vanda Pharmaceuticals, citing non-engagement from the U.S. drugmaker.
Is It Worth Investing in Vanda Pharmaceuticals Inc (NASDAQ: VNDA) Right Now?
Company’s 36-month beta value is 0.76.Analysts have differing opinions on the stock, with 3 analysts rating it as a “buy,” 2 as “overweight,” 0 as “hold,” and 1 as “sell.”
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The public float for VNDA is 55.10M, and currently, short sellers hold a 5.16% ratio of that floaft. The average trading volume of VNDA on June 28, 2024 was 2.62M shares.
VNDA’s Market Performance
VNDA stock saw an increase of -8.01% in the past week, with a monthly gain of 14.43% and a quarterly increase of 36.98%. The volatility ratio for the week is 4.36%, and the volatility levels for the last 30 days are 5.03% for Vanda Pharmaceuticals Inc (VNDA). The simple moving average for the past 20 days is -3.79% for VNDA’s stock, with a 27.76% simple moving average for the past 200 days.
Analysts’ Opinion of VNDA
Many brokerage firms have already submitted their reports for VNDA stocks, with Jefferies repeating the rating for VNDA by listing it as a “Hold.” The predicted price for VNDA in the upcoming period, according to Jefferies is $12 based on the research report published on February 25, 2022 of the previous year 2022.
BofA Securities, on the other hand, stated in their research note that they expect to see VNDA reach a price target of $22. The rating they have provided for VNDA stocks is “Buy” according to the report published on May 12th, 2021.
Citigroup gave a rating of “Neutral” to VNDA, setting the target price at $14 in the report published on January 14th of the previous year.
VNDA Trading at 5.33% from the 50-Day Moving Average
After a stumble in the market that brought VNDA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -16.59% of loss for the given period.
Volatility was left at 5.03%, however, over the last 30 days, the volatility rate increased by 4.36%, as shares surge +13.07% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.11% upper at present.
During the last 5 trading sessions, VNDA fell by -7.43%, which changed the moving average for the period of 200-days by +21.57% in comparison to the 20-day moving average, which settled at $5.88. In addition, Vanda Pharmaceuticals Inc saw 33.41% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at VNDA starting from Polymeropoulos Mihael Hristos, who sale 24,288 shares at the price of $4.13 back on Mar 05 ’24. After this action, Polymeropoulos Mihael Hristos now owns 1,871,730 shares of Vanda Pharmaceuticals Inc, valued at $100,273 using the latest closing price.
Wijkstrom Joakim, the SVP, Chief Marketing Officer of Vanda Pharmaceuticals Inc, sale 9,229 shares at $4.21 during a trade that took place back on Mar 05 ’24, which means that Wijkstrom Joakim is holding 129,789 shares at $38,830 based on the most recent closing price.
Stock Fundamentals for VNDA
Current profitability levels for the company are sitting at:
- -0.14 for the present operating margin
- 0.91 for the gross margin
The net margin for Vanda Pharmaceuticals Inc stands at -0.03. The total capital return value is set at -0.05. Equity return is now at value -0.91, with -0.75 for asset returns.
Based on Vanda Pharmaceuticals Inc (VNDA), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at -1.28. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is -7.15.
Currently, EBITDA for the company is -10.94 million with net debt to EBITDA at 5.52. When we switch over and look at the enterprise to sales, we see a ratio of 1.19. The receivables turnover for the company is 4.84for trailing twelve months and the total asset turnover is 0.27. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.71.
Conclusion
In a nutshell, Vanda Pharmaceuticals Inc (VNDA) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
