Shares of VTEX (NYSE:VTEX – Get Rating) gapped up prior to trading on Friday . The stock had previously closed at $4.12, but opened at $4.30. VTEX shares last traded at $4.28, with a volume of 1,136 shares.
Analyst Ratings Changes
A number of brokerages recently commented on VTEX. The Goldman Sachs Group decreased their target price on VTEX from $12.00 to $6.00 and set a “buy” rating on the stock in a report on Tuesday, July 5th. Bank of America upgraded VTEX from a “neutral” rating to a “buy” rating and increased their target price for the company from $4.50 to $6.50 in a research report on Friday, August 26th. Finally, Piper Sandler decreased their price target on VTEX from $9.00 to $6.00 and set an “overweight” rating on the stock in a report on Friday, July 22nd. Six equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, VTEX currently has an average rating of “Buy” and a consensus target price of $11.08.
VTEX Price Performance
The company has a current ratio of 5.33, a quick ratio of 5.33 and a debt-to-equity ratio of 0.02. The stock has a market cap of $823.94 million, a PE ratio of -11.28 and a beta of 0.54. The company has a fifty day moving average of $3.68 and a 200-day moving average of $4.82.
Institutional Trading of VTEX
VTEX provides software-as-a-service digital commerce platform for enterprise brands and retailers. Its platform enables customers to execute their commerce strategy, including building online stores, integrating, and managing orders across channels, and creating marketplaces to sell products from third-party vendors.
- Get a free copy of the StockNews.com research report on VTEX (VTEX)
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