The stock of Vertex Pharmaceuticals, Inc (VRTX) has gone down by -4.44% for the week, with a -4.18% drop in the past month and a -6.36% drop in the past quarter. The volatility ratio for the week is 2.59%, and the volatility levels for the past 30 days are 2.27% for VRTX. The simple moving average for the past 20 days is -3.21% for VRTX’s stock, with a -2.25% simple moving average for the past 200 days.
Is It Worth Investing in Vertex Pharmaceuticals, Inc (NASDAQ: VRTX) Right Now?
Additionally, the 36-month beta value for VRTX is 0.37. There are mixed opinions on the stock, with 18 analysts rating it as a “buy,” 5 rating it as “overweight,” 11 rating it as “hold,” and 2 rating it as “sell.”
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The public float for VRTX is 256.90M and currently, short sellers hold a 1.43% ratio of that float. The average trading volume of VRTX on December 19, 2024 was 1.18M shares.
VRTX) stock’s latest price update
Vertex Pharmaceuticals, Inc (NASDAQ: VRTX)’s stock price has dropped by -4.63 in relation to previous closing price of 469.24. Nevertheless, the company has seen a loss of -4.44% in its stock price over the last five trading days. zacks.com reported 2024-12-18 that Zacks.com users have recently been watching Vertex (VRTX) quite a bit. Thus, it is worth knowing the facts that could determine the stock’s prospects.
Analysts’ Opinion of VRTX
Many brokerage firms have already submitted their reports for VRTX stocks, with Jefferies repeating the rating for VRTX by listing it as a “Buy.” The predicted price for VRTX in the upcoming period, according to Jefferies is $550 based on the research report published on December 09, 2024 of the current year 2024.
Citigroup, on the other hand, stated in their research note that they expect to see VRTX reach a price target of $575. The rating they have provided for VRTX stocks is “Buy” according to the report published on November 14th, 2024.
VRTX Trading at -5.55% from the 50-Day Moving Average
After a stumble in the market that brought VRTX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.92% of loss for the given period.
Volatility was left at 2.27%, however, over the last 30 days, the volatility rate increased by 2.59%, as shares sank -0.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.49% lower at present.
During the last 5 trading sessions, VRTX fell by -4.44%, which changed the moving average for the period of 200-days by +7.72% in comparison to the 20-day moving average, which settled at $462.35. In addition, Vertex Pharmaceuticals, Inc saw 9.98% 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 VRTX starting from ALTSHULER DAVID, who sale 15 shares at the price of $478.56 back on Nov 15 ’24. After this action, ALTSHULER DAVID now owns 25,813 shares of Vertex Pharmaceuticals, Inc, valued at $7,178 using the latest closing price.
ALTSHULER DAVID, the Officer of Vertex Pharmaceuticals, Inc, proposed sale 15 shares at $478.56 during a trade that took place back on Nov 15 ’24, which means that ALTSHULER DAVID is holding shares at $7,178 based on the most recent closing price.
Stock Fundamentals for VRTX
Current profitability levels for the company are sitting at:
- -0.03 for the present operating margin
- 0.86 for the gross margin
The net margin for Vertex Pharmaceuticals, Inc stands at -0.05. The total capital return value is set at -0.02. Equity return is now at value -2.99, with -2.18 for asset returns.
Currently, EBITDA for the company is 4.61 billion with net debt to EBITDA at -6.83. When we switch over and look at the enterprise to sales, we see a ratio of 10.53. The receivables turnover for the company is 6.06for trailing twelve months and the total asset turnover is 0.48. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.47.
Conclusion
In conclusion, Vertex Pharmaceuticals, Inc (VRTX) has seen mixed performance in recent times. Analysts have a bearish opinion on the stock, with some rating it as a “sell” and others rating it 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.
