Vroom Inc. [NASDAQ: VRM] slipped around -0.04 points on Wednesday, while shares priced at $1.02 at the close of the session, down -3.77%.
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Vroom Inc. stock is now 0.00% down from its year-to-date (YTD) trading value. VRM Stock saw the intraday high of $1.03 and lowest of $0.951 per share. The company’s 52-week high price is 4.58, which means current price is +13.33% above from all time high which was touched on 02/02/23.
Compared to the average trading volume of 4.02M shares, VRM reached a trading volume of 4027950 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Vroom Inc. [VRM]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for VRM shares is $1.88 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on VRM stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Robert W. Baird have made an estimate for Vroom Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on November 22, 2022. The new note on the price target was released on August 15, 2022, representing the official price target for Vroom Inc. stock. On March 02, 2022, analysts decreased their price target for VRM shares from 10 to 4.
The Average True Range (ATR) for Vroom Inc. is set at 0.10, with the Price to Sales ratio for VRM stock in the period of the last 12 months amounting to 0.06. The Price to Book ratio for the last quarter was 0.32, with the Price to Cash per share for the same quarter was set at 3.50.
How has VRM stock performed recently?
Vroom Inc. [VRM] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.77. With this latest performance, VRM shares dropped by -5.56% in over the last four-week period, additionally sinking by -43.65% over the last 6 months – not to mention a drop of -83.22% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for VRM stock in for the last two-week period is set at 45.55, with the RSI for the last a single of trading hit 43.21, and the three-weeks RSI is set at 46.92 for Vroom Inc. [VRM]. The present Moving Average for the last 50 days of trading for this stock 1.0540, while it was recorded at 1.0311 for the last single week of trading, and 1.3074 for the last 200 days.
Vroom Inc. [VRM]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Vroom Inc. [VRM] shares currently have an operating margin of -11.26 and a Gross Margin at +5.94. Vroom Inc.’s Net Margin is presently recorded at -11.65.
Return on Equity for this stock declined to -34.63, with Return on Assets sitting at -18.13.
Vroom Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.30 and a Current Ratio set at 1.90.
Insider trade positions for Vroom Inc. [VRM]
There are presently around $41 million, or 32.30% of VRM stock, in the hands of institutional investors. The top three institutional holders of VRM stocks are: VANGUARD GROUP INC with ownership of 6,255,103, which is approximately 0.044% of the company’s market cap and around 0.80% of the total institutional ownership; ANTARA CAPITAL LP, holding 5,178,250 shares of the stock with an approximate value of $5.28 million in VRM stocks shares; and NISA INVESTMENT ADVISORS, LLC, currently with $3.85 million in VRM stock with ownership of nearly 0% of the company’s market capitalization.
Positions in Vroom Inc. stocks held by institutional investors increased at the end of Tuesday and at the time of the Tuesday reporting period, where 34 institutional holders increased their position in Vroom Inc. [NASDAQ:VRM] by around 8,604,437 shares. Additionally, 69 investors decreased positions by around 12,624,420 shares, while 38 investors held positions by with 19,375,285 shares. The mentioned changes placed institutional holdings at 40,604,142 shares, according to the latest SEC report filing. VRM stock had 14 new institutional investments in for a total of 5,786,279 shares, while 34 institutional investors sold positions of 1,473,577 shares during the same period.