Notable News to Watch: Vanda Pharmaceuticals Inc. (NASDAQ:VNDA)

Vanda Pharmaceuticals Inc. (NASDAQ:VNDA) stock observed trading -57.51% off 52-week high price. On the other end, the stock has been noted 20.12% away from low price over the last 52-weeks. The stock disclosed a move of 3.48% away from 50 day moving average and -14.94% away from 200 day moving average. Moving closer, we can see that shares have been trading 6.95% off 20-day moving average. It has market cap of $757.11M.

Vanda Pharmaceuticals Inc. (NASDAQ:VNDA) notified that Anne Sempowski Ward has joined the company’s Board of Directors, effective October 28, 2019. Following Ms. Ward’s appointment, Vanda’s Board of Directors is now comprised of six directors.

Anne is an experienced and tested leader who has worked across a wide range of industries and built powerful consumer brands, said Mihael H. Polymeropoulos, M.D., President and Chief Executive Officer of Vanda. Her unique perspective as a consumer product executive will inform our expanded growth across key therapeutic markets.

Ms. Ward currently serves as Chief Executive Officer and Board Member at CURiO Brands, a consumer products company that manufactures and sells personal care and home fragrance products. Prior to CURiO Brands, Ms. Ward served as CEO of Thymes from 2012 to 2016 when it merged with DPM Fragrance to become CURiO Brands. She was the first non-founder CEO of Thymes and successfully managed the transition and merger.

Anne is an accomplished executive with broad skills developed in both emerging and large global companies, said H. Thomas Watkins, Chairman of Vanda’s Board of Directors. We are confident that she will be a strong addition to the Vanda board as we continue to focus on driving value in both product development and commercialization. The USA based company Vanda Pharmaceuticals Inc. moved with change of 1.21% to $14.21 with the total traded volume of 643012 shares in recent session versus to an average volume of 693.52K. The stock was observed in the 5 days activity at 4.18%. The one month performance of stock was 4.37%. VNDA’s shares are at 12.33% for the quarter and driving a -29.97% return over the course of the past year and is now at -45.62% since this point in 2018.  Right now the stock beta is 0.27. The average volatility for the week and month was at 2.57% and 3.48% respectively. There are 53.28M shares outstanding and 51.79M shares are floated in market.

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