Analysts who follow Verastem Inc (VSTM) on average expect it to increase 233.33% over the next twelve months. Those same analysts give the stock an average rating of Strong Buy.
That average rating earns Verastem Inc an Analyst Ranking of 80, which means it ranks higher than 80 of stocks, based on data compiled by InvestorsObserver.
Why are Analyst Ratings Important?
Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers.
InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.
What's Happening With Verastem Inc Stock Today?
Verastem Inc (VSTM) stock has fallen -4% while the S&P 500 is higher by 0.67% as of 2:27 PM on Thursday, Sep 24. VSTM is down -$0.05 from the previous closing price of $1.25 on volume of 2,369,378 shares. Over the past year the S&P 500 has risen 9.17% while VSTM is down -4.00%. VSTM lost -$1.40 per share the over the last 12 months.