In yesterday’s Wall Street session, Vtex (NYSE:VTEX) shares traded at $6.51, down -3.41% from the previous session.
VTEX stock price is now -9.87% away from the 50-day moving average and -6.19% away from the 200-day moving average. The market capitalization of the company currently stands at $1.20B.
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With the price target maintained at $9, JP Morgan recently Upgraded its rating from Neutral to Overweight for Vtex (NYSE: VTEX). On January 05, 2024, Morgan Stanley Upgraded its previous ‘Equal-Weight’ rating to ‘Overweight’ on the stock increasing its target price from $5.50 to quote $8, while ‘UBS’ rates the stock as ‘Buy’
A total of 72.21% of the company’s stock is owned by insiders.
During the past 12 months, Vtex has had a low of $4.28 and a high of $9.59. As of last week, the company has a debt-to-equity ratio of 0.01, a current ratio of 3.40, and a quick ratio of 3.40. The fifty day moving average price for VTEX is $7.186 and a two-hundred day moving average price translates $6.94215 for the stock.
The latest earnings results from Vtex (NYSE: VTEX) was released for 2024-03-31. The net profit margin was -3.87% and return on equity was -3.22% for VTEX. The company reported revenue of $52.65 million for the quarter, compared to $42.28 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 24.52 percent.
