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Vistagen Therapeutics, Inc. (VTGN)

Healthcare | Biotechnology | South San Francisco, United States | NasdaqCM
0.61 USD -0.02 (-3.027%) ⇩ (April 20, 2026, 4 p.m. EDT)

Short-term: ★★☆☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 18, 2026, 11:51 p.m. EDT

Despite a technically stabilizing price action near support, VTGN is a catastrophic long-term hold with zero dividend yield and severe fundamental deterioration (negative growth, massive operating losses, and pending class action litigation). The options chain reveals a 'trapped capital' scenario where speculators are drowning in long-term deep OTM puts, suggesting they are betting on a total wipeout rather than a standard recovery. Buy now.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.106729
AutoETS0.106732
MSTL0.183728
AutoTheta0.851553

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 80%
H-stat 0.60
Ljung-Box p 0.000
Jarque-Bera p 0.352
Excess Kurtosis -0.94
Attribute Value
Sector Healthcare
Debt to Equity Ratio 2.802
Revenue per Share 0.022
Market Cap 24,116,886
Forward P/E -0.54
Beta 0.33
Website https://www.vistagen.com

As of April 18, 2026, 11:51 p.m. EDT: Options sentiment is heavily skewed towards downside protection and hedging rather than bullish speculation. While Call Open Interest builds at OTM strikes (1.0 and 2.0) for May/April, there is a very significant accumulation of Put Open Interest at deep OTM strikes ($3.00) for August 2026. This $3.00 put positioning represents a massive speculative bet on a highly improbable, massive crash (approx. 8x downside) or is reflective of a 'black swan' event anticipation given the recent litigation news. However, the dominant short-term signal comes from the May expiration: In-the-Money (ITM) Put volume and OI are significantly higher than Call volume, with $1.00 ITM puts showing superior positioning. This indicates speculators are positioning for a correction rather than a rally.


Info Dump

Attribute Value
52 Week Change -0.702439
Address1 343 Allerton Avenue
All Time High 1,890.0
All Time Low 0.43
Ask 0.6406
Ask Size 1
Average Daily Volume10 Day 679,090
Average Daily Volume3 Month 759,527
Average Volume 759,527
Average Volume10Days 679,090
Beta 0.328
Bid 0.5777
Bid Size 1
Book Value 1.285
City South San Francisco
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 0.6087
Current Ratio 4.675
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 0.635
Day Low 0.6029
Debt To Equity 2.802
Display Name Vistagen Therapeutics
Earnings Call Timestamp End 1,770,933,600
Earnings Call Timestamp Start 1,770,933,600
Earnings Timestamp 1,770,930,000
Earnings Timestamp End 1,770,930,000
Earnings Timestamp Start 1,770,930,000
Ebitda -69,717,000
Ebitda Margins 0.0
Enterprise To Ebitda 0.52
Enterprise To Revenue -45.914
Enterprise Value -36,226,112
Eps Current Year -1.71333
Eps Forward -1.1325
Eps Trailing Twelve Months -1.9
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 0.5872
Fifty Day Average Change 0.021499991
Fifty Day Average Change Percent 0.03661443
Fifty Two Week Change Percent -70.243904
Fifty Two Week High 5.14
Fifty Two Week High Change -4.5313
Fifty Two Week High Change Percent -0.8815759
Fifty Two Week Low 0.43
Fifty Two Week Low Change 0.17869997
Fifty Two Week Low Change Percent 0.41558132
Fifty Two Week Range 0.43 - 5.14
Financial Currency USD
First Trade Date Milliseconds 1,308,663,000,000
Float Shares 33,777,509
Forward Eps -1.1325
Forward P E -0.5374834
Free Cashflow -36,167,000
Full Exchange Name NasdaqCM
Full Time Employees 59
Gmt Off Set Milliseconds -14,400,000
Gross Margins 1.0
Gross Profits 789,000
Has Pre Post Market Data 1
Held Percent Insiders 0.0026800002
Held Percent Institutions 0.38247
Implied Shares Outstanding 39,620,317
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,743,379,200
Last Split Date 1,686,096,000
Last Split Factor 1:30
Long Business Summary Vistagen Therapeutics, Inc., a clinical-stage biopharmaceutical company, engages in the development and commercialization of therapies for neuropsychiatric and neurological disorders. The company's product pipeline includes Fasedienol, an investigational pherine nasal spray that is in Phase III clinical trial for the treatment of anxiety in adults with social anxiety disorder; and Itruvone, an odorless synthetic investigational neuroactive pherine nasal spray, which is in Phase II clinical trial to treat major depressive disorder. It also develops PH80, an odorless and tasteless synthetic investigational pherine nasal spray that is in Phase II clinical trial for the treatment of vasomotor symptoms, including hot flashes due to menopause, premenstrual dysphoric disorder, and other women's health disorders; PH15, an investigational pherine nasal spray, which is in Phase II clinical trial for the treatment to improve cognitive impairment caused by mental fatigue and potentially other disorders; PH284, an odorless and tasteless synthetic investigational pherine nasal spray that is in Phase II clinical trial to treat loss of appetite associated with chronic disorders, such as cancer or heart disease, as well as cachexia; and AV-101, an oral prodrug that targets N-methyl-D-aspartate receptor in the brain for treating depression and neurological disorders. In addition, the company's clinical-stage pipeline consists of intranasal product candidates comprising pherines. It has a license and collaboration agreement with AffaMed Therapeutics, Inc. to develop, manufacture, and commercialize fasedienol for multiple anxiety-related disorders. Vistagen Therapeutics, Inc. was founded in 1998 and is headquartered in South San Francisco, California.
Long Name Vistagen Therapeutics, Inc.
Market us_market
Market Cap 24,116,886
Market State PRE
Max Age 86,400
Message Board Id finmb_7691787
Most Recent Quarter 1,767,139,200
Net Income To Common -67,046,000
Next Fiscal Year End 1,774,915,200
Non Diluted Market Cap 24,116,886
Number Of Analyst Opinions 3
Open 0.6277
Operating Cashflow -60,298,000
Operating Margins -64.508255
Payout Ratio 0.0
Phone 650 577 3600
Pre Market Change 0.011400044
Pre Market Change Percent 1.872851
Pre Market Price 0.6201
Pre Market Time 1,776,775,411
Previous Close 0.6277
Price Eps Current Year -0.35527304
Price Hint 4
Price To Book 0.4736965
Price To Sales Trailing12 Months 30.566395
Profit Margins 0.0
Quick Ratio 4.566
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.019
Regular Market Change Percent -3.02692
Regular Market Day High 0.635
Regular Market Day Low 0.6029
Regular Market Day Range 0.6029 - 0.635
Regular Market Open 0.6277
Regular Market Previous Close 0.6277
Regular Market Price 0.6087
Regular Market Time 1,776,715,200
Regular Market Volume 598,866
Return On Assets -0.55527997
Return On Equity -1.01553
Revenue Growth 0.295
Revenue Per Share 0.022
Sand P52 Week Change 0.34445214
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Shares Outstanding 39,620,317
Shares Percent Shares Out 0.0356
Shares Short 1,410,489
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 1,519,296
Short Name VistaGen Therapeutics, Inc.
Short Percent Of Float 0.0508
Short Ratio 3.02
Source Interval 15
State CA
Symbol VTGN
Target High Price 1.0
Target Low Price 0.9
Target Mean Price 0.96667
Target Median Price 1.0
Total Cash 61,770,000
Total Cash Per Share 1.559
Total Debt 1,427,000
Total Revenue 789,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -1.9
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 2.31515
Two Hundred Day Average Change -1.70645
Two Hundred Day Average Change Percent -0.7370797
Type Disp Equity
Volume 598,866
Website https://www.vistagen.com
Zip 94,080