vTv Therapeutics Inc. (NASDAQ:VTVT) currently has a daily average trading volume of 94.94K but it saw 1247827 shares traded on Wednesday. With a market cap of 90.79M USD, stock’s current market price of $0.85 came falling about -2.97 while comparing to the previous closing price of $0.88. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.40 and as low as $0.44. In the recent trading on the day, stock has struck highest price mark of $0.97 while lowest mark touched by it was $0.80.
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Taking a look at 20-day trading activity of vTv Therapeutics Inc. (VTVT) gives us an average price of $0.8437, while its current price level is -39.29% below from 52-week high level whereas it is 92.70% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.7980 while that of 200 days or SMA-200 reads an average of $0.8811. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.38% during that period while stretching the period over a month that decreases to 8.03%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 51.45 which implies that the stock is in neutral territory.
vTv Therapeutics Inc. (VTVT)’s stock is currently under the radar of 2 analysts who are in consensus at a 12-month price target range of between $2.00 and $4.00 for company’s shares. The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $2.00 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $4.00. Average price target assigned by them is $3.00 which highlights an upside potential of 71.67% for the stock over that period. And to attain the median price target of $3.00 assigned by those analysts, stock has to add about 71.67% of value to its current levels.
Data by FactSet Research shows that 2 analysts have issued their ratings for the stock. 0 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 2 analysts suggested the investors to Buy the stock while 0 advised them to Hold. Recommendations by all of those brokerages imply a consensus rating of Buy for the stock and that issued by Wall Street to investors is Moderate Buy.
Over the week, VTVT’s stock price is moving -10.27% down while it is 17.06% when we observe its performance for the past one month. Year-to-date it is 28.24% up and over the past year, the stock is showing an upside performance of 71.10%.
The latest quarterly earnings report issued by the company was for quarter ended 3/30/2023, when its quarterly earnings per share (EPS) of -$0.06 beat the consensus estimate of -$0.09 for the same. The company is expected to be releasing its next quarterly report in 08/02/2023, for which analysts forecasted an EPS of -$0.08 while estimate for next year EPS is -$0.36. For VTVT, analysts are forecasting an EPS-growth rate of -38.50% for current year and estimate for EPS growth in next year is 8.30%.
Currently, vTv Therapeutics Inc.’s total number of outstanding shares is 81.48M with 64.41% of that held by the insiders while 4.56% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 216.60% and return on equity (ROE) at 121.10%. Stock’s beta reads -1.22. Its return on asset (ROA) is -49.50% on average.
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