Vast Renewables Ltd (NASDAQ: VSTE) is -70.24% lower on its value in year-to-date trading and has touched a low of $0.32 and a high of $11.99 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The VSTE stock was last observed hovering at around $0.36 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $0.33, the stock is -26.10% and -51.66% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.97 million and changing -7.71% at the moment leaves the stock -78.03% off its SMA200. VSTE registered -86.68% loss for a year compared to 6-month loss of -70.77%. The firm has a 50-day simple moving average (SMA 50) of $0.68332 and a 200-day simple moving average (SMA200) of $1.503085.
The stock witnessed a -46.41% gain in the last 1 month and extending the period to 3 months gives it a -73.79%, and is -9.75% down 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 9.09% over the week and 13.47% over the month.
Vast Renewables Ltd (VSTE) has around 40 employees, a market worth around $9.90M and $0.01M in sales. Profit margin for the company is -125814.29%. Distance from 52-week low is 4.20% and -97.25% from its 52-week high. The company has generated returns on investments over the last 12 months (-629.75%).
6.0 institutions hold shares in Vast Renewables Ltd (VSTE), with institutional investors hold 0.68% of the company’s shares. The shares outstanding are 29.97M, and float is at 13.24M with Short Float at 7.64%. Institutions hold 0.30% of the Float.
