Vroom Inc (VRM) Stock: Evaluating the Market Performance

Moreover, the 36-month beta value for VRM is 1.90. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”

The public float for VRM is 1.41M and currently, short sellers hold a 16.74% of that float. On November 14, 2024, VRM’s average trading volume was 45.09K shares.

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VRM) stock’s latest price update

Vroom Inc (NASDAQ: VRM)’s stock price has dropped by -17.70 in relation to previous closing price of 8.87. Nevertheless, the company has seen a loss of -19.51% in its stock price over the last five trading days. pymnts.com reported 2024-11-13 that Automotive finance company and digital services platform Vroom filed for Chapter 11 bankruptcy Wednesday (Nov. 13), saying in a filing with the Securities and Exchange Commission (SEC) that it plans to operate its business as a “debtor-in-possession” under the jurisdiction of the bankruptcy court.

VRM’s Market Performance

Vroom Inc (VRM) has seen a -19.51% fall in stock performance for the week, with a -18.89% decline in the past month and a 7.04% surge in the past quarter. The volatility ratio for the week is 10.49%, and the volatility levels for the past 30 days are at 7.54% for VRM. The simple moving average for the past 20 days is -18.67% for VRM’s stock, with a -29.64% simple moving average for the past 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 -14.98% 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 -90.51% of loss for the given period.

Volatility was left at 7.54%, however, over the last 30 days, the volatility rate increased by 10.49%, as shares sank -21.51% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.58% lower at present.

During the last 5 trading sessions, VRM fell by -19.51%, which changed the moving average for the period of 200-days by -60.67% in comparison to the 20-day moving average, which settled at $8.98. In addition, Vroom Inc saw -84.85% 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 Moran Patricia, who sale 58 shares at the price of $12.23 back on Apr 03 ’24. After this action, Moran Patricia now owns 10,787 shares of Vroom Inc, valued at $710 using the latest closing price.

Zakowicz Agnieszka, the Principal Accounting Officer of Vroom Inc, sale 5 shares at $12.23 during a trade that took place back on Apr 03 ’24, which means that Zakowicz Agnieszka is holding 4,905 shares at $61 based on the most recent closing price.

Stock Fundamentals for VRM

Current profitability levels for the company are sitting at:

  • -0.33 for the present operating margin
  • 0.2 for the gross margin

The net margin for Vroom Inc stands at -0.59. The total capital return value is set at -0.19. Equity return is now at value -184.71, with -17.53 for asset returns.

Based on Vroom Inc (VRM), the company’s capital structure generated 0.96 points at debt to capital in total, while cash flow to debt ratio is standing at -0.32. The debt to equity ratio resting at 24.7. The interest coverage ratio of the stock is -3.98.

Currently, EBITDA for the company is -274.2 million with net debt to EBITDA at -5.06. When we switch over and look at the enterprise to sales, we see a ratio of 1.86. The receivables turnover for the company is 0.59for trailing twelve months and the total asset turnover is 0.45. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.84.

Conclusion

To wrap up, the performance of Vroom Inc (VRM) has been bad in recent times. The stock has received a mixed of “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.

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