Vanda Pharmaceuticals Inc (NASDAQ:VNDA) does about 2.37M shares in volume on a normal day but saw 4687298 shares change hands in Tuesday’s trading. The company now has a market cap of 318.94M USD. Its current market price is $5.48, marking an increase of 13.22% compared to the previous close of $4.84. The 52 week high reached by this stock is $6.98 whilst the lowest price level in 52 weeks is $3.30.
Vanda Pharmaceuticals Inc (VNDA) has a 20-day trading average at $4.67 and the current price is -21.49% off the 52-week high compared with 66.31% distance from its 52-week low. The 50-day simple moving average of the closing price is $4.35 and its 200-day simple moving average is $4.42. If we look at the stock’s price movements over the week, volatility stands at 6.88%, which decreases to 5.69% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 67.01 to suggest the stock is neutral.
The consensus objective for the share price is $5.21, suggesting that the stock has a potential downside of -5.18% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on February 25, 2022 when Jefferies downgraded the stock to “Hold” and issued a price target of between $24 and $12. Citigroup downgraded its price target at $14.
Vanda Pharmaceuticals Inc (VNDA) stock is up 15.13% over the week and 21.51% over the past month. Its price is 29.86% year-to-date and -21.15% over the past year.
To reach the target analysts have set, the stock logically needs to shrink -5.18 percent from here.
The company has a return on investment of 0.45% and return on equity of 0.47%. The price to earnings ratio (P/E ratio) amounts to 125.40. The beta has a value of 0.70. Price to book ratio is 0.58 and price to sales ratio is 1.66.
