Vasta Platform Limited (NASDAQ:VSTA – Get Free Report) was the target of a large decline in short interest during the month of August. As of August 31st, there was short interest totalling 13,800 shares, a decline of 60.6% from the August 15th total of 35,000 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 99,500 shares, the days-to-cover ratio is currently 0.1 days.
Vasta Platform Price Performance
Shares of NASDAQ:VSTA traded up $0.08 during trading on Friday, hitting $2.60. 17,812 shares of the stock were exchanged, compared to its average volume of 71,181. The company’s fifty day simple moving average is $2.80 and its 200-day simple moving average is $3.35. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.60 and a quick ratio of 1.27. Vasta Platform has a 1-year low of $2.11 and a 1-year high of $4.55.
Vasta Platform (NASDAQ:VSTA – Get Free Report) last announced its quarterly earnings results on Wednesday, August 7th. The company reported ($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.10) by $0.07. The firm had revenue of $56.48 million for the quarter, compared to analyst estimates of $57.35 million. Vasta Platform had a negative net margin of 2.82% and a positive return on equity of 1.82%. Analysts forecast that Vasta Platform will post 1.18 earnings per share for the current year.
Analyst Ratings Changes
Read Our Latest Stock Report on VSTA
Vasta Platform Company Profile
Vasta Platform Limited provides educational printed and digital solutions to private schools operating in the K-12 education sector in Brazil. The company offers digital and printed textbooks, teacher handbooks, exercise books, multidisciplinary subject books, and student evaluations; and PAR platform that allows schools to select their preferred books and materials and follow their own specific teaching methods.
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