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Vtex (VTEX) – Don’t Be So Quick to Call it Dead

Vtex (NYSE: VTEX) is 36.77% higher on its value in year-to-date trading and has touched a low of $3.24 and a high of $9.01 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The VTEX stock was last observed hovering at around $8.86 in the last trading session, with the day’s gains setting it 0.55%.

Currently trading at $9.41, the stock is 21.30% and 23.03% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.34 million and changing 6.21% at the moment leaves the stock 57.47% off its SMA200. VTEX registered 149.60% gain for a year compared to 6-month gain of 58.42%. The firm has a 50-day simple moving average (SMA 50) of $7.57 and a 200-day simple moving average (SMA200) of -$305.83.

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The stock witnessed a 21.11% loss in the last 1 month and extending the period to 3 months gives it a 37.98%, and is 12.83% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.55% over the week and 4.47% over the month.

Vtex (VTEX) has around 1349 employees, a market worth around $1.73B and $186.28M in sales. Fwd P/E is 114.06. Profit margin for the company is -9.25%. Distance from 52-week low is 190.43% and 4.44% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.92%).

Vtex quarterly earnings per share for the current quarter are estimated at $0 with sales reaching $52.89M over the same period.The EPS is expected to grow by 97.26% this year, but quarterly earnings will post 21.40% year-over-year. Quarterly sales are estimated to grow 25.10% in year-over-year returns.

95 institutions hold shares in Vtex (VTEX), with institutional investors hold 66.67% of the company’s shares. The shares outstanding are 81.14M, and float is at 52.36M with Short Float at 0.22%. Institutions hold 46.40% of the Float.

The top institutional shareholder in the company is Softbank Group Corporation with over 19.88 million shares valued at $95.4 million. The investor’s holdings represent 24.49% of the VTEX Shares outstanding. As of Jun 29, 2023, the second largest holder is Riverwood Capital Management Ltd. with 5.35 million shares valued at $25.67 million to account for 6.59% of the shares outstanding. The other top investors are Dynamo Internacional Gestao De Recursos Ltda. which holds 3.2 million shares representing 3.94% and valued at over $15.36 million, while Millennium Management Llc holds 2.04% of the shares totaling 1.65 million with a market value of $7.93 million.

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