How to Buy Verastem Stock
Verastem Inc
Verastem, Inc. , a development-stage biopharmaceutical company, focusing on developing and commercializing drugs for the treatment of cancer.
Verastem stock last closed at $9.22, down 1.02% from the previous day, and has increased 106.89% in one year. It has overperformed other stocks in the Biotechnology industry by 1.31 percentage points. Verastem stock is currently +113.26% from its 52-week low of $4.32, and -39.3% from its 52-week high of $15.18.
There are currently 25.3M VSTM shares outstanding. The market cap of VSTM is $233.10M. In the past 24 hours, 71,062 VSTM shares were traded.
How to Buy Verastem Stock
Not sure how to invest in Verastem stock? Here's how.
- Decide where to buy Verastem stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you figure out where to buy Verastem stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Pick your payment method and add your details.
- Evaluate Verastem stock: The Verastem ticker symbol is VSTM. Is Verastem stock a good investment? Should you buy shares of VSTM? How do VSTM's underlying business fundamentals look? Do top analysts think Verastem is a good buy? Why has VSTM's stock price moved recently? (Hint: Our stock research website can help you decide if VSTM is a good stock to buy).
- Make your VSTM purchase: Decide if you will purchase VSTM shares at the current market price or use a limit order to purchase VSTM stock at a given price.
- Keep tabs on your investment in VSTM: Create a watchlist to the latest updates on your new investment in Verastem stock.
Step 1: Decide where to buy Verastem stock
You need an online brokerage account in order to access the NASDAQ market and buy VSTM shares.
Our preferred brokerage: eToro
We believe that eToro is the best place to buy stocks. eToro gives you:
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- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
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- Social investing: eToro has a community of more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your share purchase by creating an account with eToro today.
Open eToro AccountStep 2: Create a brokerage account
Now that you've selected your brokerage, you'll need to fill out some personal details so you can buy VSTM today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to open your new trading account.
- Send your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have opened your account on our top ranked stock trading app, your next step is to transfer the money for your investment:
Watch this video walkthrough for more details depositing money into your investment account.
Step 4: Evaluate Verastem stock
After you have selected the best place to buy Verastem stock, it's critical to evaluate their stock prior to buying, so you actually comprehend the risk as well as the upside.
Verastem stock at a glance
VSTM Fundamentals
WallStreetZen was created to help everyday investors perform more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on VSTM's stock page.
How is VSTM stock valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge VSTM's fair value.
Using relative valuations measures:
- VSTM could be undervalued based on its P/B ratio of 4.06x, relative to Biotechnology industry P/B ratio of 5.8x
You can access additional valuation research on VSTM's stock here.
A quick look at VSTM Financials
Passed Health Checks:
- There are more short-term assets than long-term liabilities on the VSTM balance sheet.
- There are more short-term assets than short-term liabilities on the VSTM balance sheet.
- VSTM has cash burn of 86460000. It has sufficient cash and short-term investments to cover this for at least one year.
Failed Health Checks:
- Total VSTM debt is higher than 5 years ago, relative to shareholder equity.
- VSTM has $137.37M in cash and short term investments. This is not sufficient to cover its annual cash burn of $86.46M.
- VSTM has a relatively high debt to equity ratio of 1.24.
Do analysts think it's a good time to buy Verastem stock
Out of 4 Wall Street analysts who give recommendations on VSTM, the consensus analyst rating on VSTM is a Strong Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the Verastem stock forecast page.
Metrics for Advanced VSTM Traders
Is VSTM Growing Revenue?
Last year, VSTM revenue was $0.00. During the past five year, VSTM's revenue has gone up by -100% per year. This was slower than the Biotechnology industry average of 28.62%.
You can analyze VSTM's earnings and revenue performance here.
Who is buying/selling VSTM?
In the past year, insiders at VSTM have sold more shares than they have bought.
Daniel Calkins, Chief Financial Officer of VSTM, was the latest VSTM insider to sell. They sold $65.22 worth of VSTM stock on Apr 5, 2024.
Get more info about who owns VSTM shares here.
Does VSTM provide a stable income stream?
No, Verastem doesn't provide an income stream by paying out dividends.
What do other traders have to say about VSTM?
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Make your VSTM purchase
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a specific dollar amount limit, use a limit order.
Press the Open button and eToro will place the order.
If you want more help buying stocks on eToro, click the helpful video below:
Step 6: Keep tabs on your investment in VSTM
Now that you own some VSTM stock, you'll want to stay up-to-date on your stock purchase.
Create a watchlist to keep tabs on your VSTM stock.
VSTM Feed
How to Buy Stock in Verastem
To reiterate, here are the 6 steps you need to take to buy Verastem stock right now:
- Decide where to buy Verastem stock
- Create a brokerage account
- Deposit money your investment account
- Evaluate Verastem stock
- Make your VSTM purchase
- Keep tabs on your investment in VSTM
If you are looking for a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to monitor your investment in Verastem, hit the button below to create your watchlist.
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