Vast Renewables Limited Stock Today
| VSTE Stock | USD 0.95 0.07 6.86% |
Performance0 of 100
| Odds Of DistressOver 85
|
Vast Renewables is trading at 0.95 as of the 8th of October 2024, a 6.86 percent down since the beginning of the trading day. The stock's lowest day price was 0.91. Vast Renewables has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Vast Renewables Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 14th of October 2023 and ending today, the 8th of October 2024. Click here to learn more.
Business Domain Capital Goods | IPO Date 19th of December 2023 | Category Technology | Classification Industrials |
Vistra Energy Corporation engages in the generation and retail of electricity in Texas. The company has 7 M outstanding shares of which 10.23 K shares are at this time shorted by private and institutional investors with about 0.0 trading days to cover. More on Vast Renewables Limited
Moving together with Vast Stock
Moving against Vast Stock
| 0.94 | FA | First Advantage Corp | PairCorr |
| 0.84 | MMM | 3M Company Fiscal Year End 28th of January 2025 | PairCorr |
| 0.84 | BV | BrightView Holdings Fiscal Year End 21st of November 2024 | PairCorr |
| 0.83 | SPLP | Steel Partners Holdings | PairCorr |
| 0.82 | CW | Curtiss Wright | PairCorr |
| 0.75 | GD | General Dynamics Fiscal Year End 22nd of January 2025 | PairCorr |
Follow Valuation Odds of Bankruptcy
Check how we calculate scores
Vast Stock Highlights
| CEO Director | Craig Wood |
| Thematic Ideas | (View all Themes) |
| Business Concentration | Electrical Components & Equipment, Capital Goods, Industrials, NASDAQ Composite, Basic Utilities, Utilities, Industrials, Electrical Equipment, Utilities - Regulated Electric, Utilities (View all Sectors) |
Vast Renewables Limited (VSTE) is traded on NASDAQ Exchange in USA. It is located in 124 Walker Street, North Sydney, NSW, Australia, 2060 and employs 7 people. Vast Renewables is listed under Electrical Components & Equipment category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 35.67 M. Vast Renewables conducts business under Electrical Equipment sector and is part of Industrials industry. The entity has 7 M outstanding shares of which 10.23 K shares are at this time shorted by private and institutional investors with about 0.0 trading days to cover.
Vast Renewables Limited currently holds about 1.83 B in cash with (40.31 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.28, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Vast Renewables Probability Of Bankruptcy
Vast Renewables Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Vast Renewables market risk premium is the additional return an investor will receive from holding Vast Renewables long position in a well-diversified portfolio.
| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (1.25) | |||
| Total Risk Alpha | (1.89) | |||
| Treynor Ratio | (0.98) |
Vast Stock Against Markets
Vast Renewables Corporate Management
| Alec Waugh | Company Counsel | Profile | |
| Gilein Steensma | Head Development | Profile | |
| Sue Opie | Chief Officer | Profile | |
| Marshall Smith | Chief Officer | Profile | |
| Christina Hall | Head Ltd | Profile | |
| Kurt Drewes | Chief Officer | Profile |
Additional Information and Resources on Investing in Vast Stock
When determining whether Vast Renewables is a strong investment it is important to analyze Vast Renewables' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Vast Renewables' future performance. For an informed investment choice regarding Vast Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vast Renewables Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Electrical Components & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Vast Renewables. If investors know Vast will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Vast Renewables listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Vast Renewables is measured differently than its book value, which is the value of Vast that is recorded on the company's balance sheet. Investors also form their own opinion of Vast Renewables' value that differs from its market value or its book value, called intrinsic value, which is Vast Renewables' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Vast Renewables' market value can be influenced by many factors that don't directly affect Vast Renewables' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Vast Renewables' value and its price as these two are different measures arrived at by different means. Investors typically determine if Vast Renewables is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vast Renewables' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.