Vasta Platform (NASDAQ:VSTA) Trading Down 0.4% – Time to Sell?

Vasta Platform Limited (NASDAQ:VSTA) traded down 0.4% during trading on Monday . The stock traded as low as $4.91 and last traded at $4.96. 1,494 shares were traded during mid-day trading, a decline of 85% from the average session volume of 9,827 shares. The stock had previously closed at $4.98.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Vasta Platform in a report on Monday, December 15th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Reduce”.

Vasta Platform Price Performance

The firm has a 50-day moving average of $4.95 and a 200-day moving average of $4.60. The stock has a market cap of $397.79 million, a PE ratio of 4.86, a PEG ratio of 0.23 and a beta of -0.28. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.50 and a quick ratio of 1.18.

Vasta Platform (NASDAQ:VSTA) last posted its quarterly earnings results on Thursday, November 6th. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.02). Vasta Platform had a return on equity of 1.53% and a net margin of 27.31%.The business had revenue of $46.85 million during the quarter, compared to the consensus estimate of $291.00 million. Research analysts predict that Vasta Platform Limited will post 0.19 EPS for the current year.

Institutional Trading of Vasta Platform

An institutional investor recently raised its position in Vasta Platform stock. JPMorgan Chase & Co. raised its stake in shares of Vasta Platform Limited (NASDAQ:VSTA) by 5.7% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,456,702 shares of the company’s stock after purchasing an additional 78,140 shares during the period. JPMorgan Chase & Co. owned 1.82% of Vasta Platform worth $7,240,000 as of its most recent filing with the Securities & Exchange Commission. 15.80% of the stock is owned by institutional investors and hedge funds.

About Vasta Platform

Vasta Platform, Inc (NASDAQ: VSTA) is a technology company specializing in cloud-based talent acquisition solutions for the staffing and recruiting industry. The company’s origins trace back to The SysLogic Group, founded in 1980 to deliver workforce management and software services. In January 2023, its recruiting software division was rebranded as Vasta Platform, marking a strategic focus on AI-driven hiring and workforce optimization.

At the core of Vasta’s offering is an integrated software suite designed to streamline the entire recruiting lifecycle.