Understanding the Recent Fluctuations of Ventyx Biosciences Inc’s (VTYX) Stock

The stock of Ventyx Biosciences Inc (VTYX) has gone down by -3.88% for the week, with a -54.95% drop in the past month and a -56.95% drop in the past quarter. The volatility ratio for the week is 7.68%, and the volatility levels for the past 30 days are 10.96% for VTYX. The simple moving average for the last 20 days is -24.36% for VTYX’s stock, with a simple moving average of -70.92% for the last 200 days.

Is It Worth Investing in Ventyx Biosciences Inc (NASDAQ: VTYX) Right Now?

The 36-month beta value for VTYX is at 0.38. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”

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The public float for VTYX is 54.43M, and currently, shorts hold a 14.60% of that float. The average trading volume for VTYX on July 04, 2024 was 1.11M shares.

VTYX) stock’s latest price update

Ventyx Biosciences Inc (NASDAQ: VTYX) has experienced a rise in its stock price by 4.21 compared to its previous closing price of 2.14. However, the company has seen a fall of -3.88% in its stock price over the last five trading days. accesswire.com reported 2024-06-25 that NEW YORK, NY / ACCESSWIRE / June 25, 2024 / Top law firm Bleichmar Fonti & Auld LLP is investigating Ventyx Biosciences’s (Nasdaq:VTYX) Board for Insider Trading. If you are a shareholder of Ventyx, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/ventyx-biosciences-inc-investigation.

Analysts’ Opinion of VTYX

Many brokerage firms have already submitted their reports for VTYX stocks, with Wells Fargo repeating the rating for VTYX by listing it as a “Overweight.” The predicted price for VTYX in the upcoming period, according to Wells Fargo is $16 based on the research report published on March 12, 2024 of the current year 2024.

Oppenheimer, on the other hand, stated in their research note that they expect to see VTYX reach a price target of $12. The rating they have provided for VTYX stocks is “Outperform” according to the report published on March 12th, 2024.

Wells Fargo gave a rating of “Equal Weight” to VTYX, setting the target price at $8 in the report published on November 07th of the previous year.

VTYX Trading at -42.54% from the 50-Day Moving Average

After a stumble in the market that brought VTYX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -94.50% of loss for the given period.

Volatility was left at 10.96%, however, over the last 30 days, the volatility rate increased by 7.68%, as shares sank -55.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -48.37% lower at present.

During the last 5 trading sessions, VTYX fell by -4.31%, which changed the moving average for the period of 200-days by -93.90% in comparison to the 20-day moving average, which settled at $2.81. In addition, Ventyx Biosciences Inc saw -9.72% 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 VTYX starting from Mohan Raju, who sale 4,312 shares at the price of $5.40 back on Apr 02 ’24. After this action, Mohan Raju now owns 1,578,250 shares of Ventyx Biosciences Inc, valued at $23,299 using the latest closing price.

Krueger Christopher W, the CHIEF BUSINESS OFFICER of Ventyx Biosciences Inc, sale 1,651 shares at $5.40 during a trade that took place back on Apr 02 ’24, which means that Krueger Christopher W is holding 284,999 shares at $8,921 based on the most recent closing price.

Stock Fundamentals for VTYX

Current profitability levels for the company are sitting at:

  • -190.53 for the present operating margin
  • -0.13 for the gross margin

The net margin for Ventyx Biosciences Inc stands at -179.0. The total capital return value is set at -0.65. Equity return is now at value -56.76, with -53.41 for asset returns.

Based on Ventyx Biosciences Inc (VTYX), the company’s capital structure generated 0.04 points at debt to capital in total, while cash flow to debt ratio is standing at -15.94. The debt to equity ratio resting at 0.04. The interest coverage ratio of the stock is -56.62.

Currently, EBITDA for the company is -204.55 million with net debt to EBITDA at 0.64. When we switch over and look at the enterprise to sales, we see a ratio of 24.26. The receivables turnover for the company is 1.79for trailing twelve months and the total asset turnover is 0.0. The liquidity ratio also appears to be rather interesting for investors as it stands at 22.00.

Conclusion

In conclusion, Ventyx Biosciences Inc (VTYX) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.

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