Vasta Platform (NASDAQ:VSTA) Releases Quarterly Earnings Results, Misses Estimates By $0.04 EPS

Vasta Platform (NASDAQ:VSTA) released its quarterly earnings results on Wednesday. The company reported $0.24 EPS for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.04), Zacks reports. Vasta Platform had a positive return on equity of 1.61% and a negative net margin of 3.32%.

Vasta Platform Price Performance

Shares of NASDAQ:VSTA traded up $0.04 during midday trading on Wednesday, reaching $3.35. The company’s stock had a trading volume of 44,086 shares, compared to its average volume of 17,321. The business’s fifty day simple moving average is $2.70 and its 200-day simple moving average is $2.55. The company has a market capitalization of $268.58 million, a P/E ratio of -47.85 and a beta of 0.19. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.21 and a quick ratio of 0.90. Vasta Platform has a fifty-two week low of $1.60 and a fifty-two week high of $4.10.

About Vasta Platform

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.