Vestis Corp (NYSE:VSTS) currently has a daily average trading volume of 3.11M but it saw 1562993 shares traded in last market. With a market cap of 1.70B USD, the company’s current market price of $12.97 came rising about 1.65 while comparing to the previous closing price of $12.76. In past 52 weeks, the stock remained buoying in the range of price level as high as $22.37 and as low as $8.92.
Taking a look at 20-day trading activity of Vestis Corp (VSTS) gives us an average price of $12.31, while its current price level is -42.02% below from 52-week high level whereas it is 45.40% 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 $12.17 while that of 200 days or SMA-200 reads an average of $16.63. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.73% during that period while stretching the period over a month that increases to 4.98%. 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 59.78 which implies that the stock is in neutral territory.
Redburn Atlantic downgraded its recommendation for the stock as a “Neutral” from “Buy” on May 07, 2024 while assigning a price target of $13.40.
Over the week, VSTS’s stock price is moving 4.60% up while it is 11.33% when we observe its performance for the past one month. Year-to-date it is -38.65% down and over the past year.
Currently, Vestis Corp’s total number of outstanding shares is 131.43M. It has a 17.20 of forward P/E ratio. Stock has a price to book (P/B) ratio of 1.89.
