View Inc. (NASDAQ: VIEW) is -26.86% lower on its value in year-to-date trading and has touched a low of $7.13 and a high of $13.31 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The VIEW stock was last observed hovering at around $8.08 in the last trading session, with the day’s loss setting it -0.02% off its average median price target of $16.00 for the next 12 months. It is also 49.63% off the consensus price target high of $16.00 offered by 1 analysts, but current levels are 49.63% higher than the price target low of $16.00 for the same period.
Currently trading at $8.06, the stock is -3.88% and -18.69% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.25 million and changing -0.25% at the moment leaves the stock -21.88% off its SMA200. The firm has a 50-day simple moving average (SMA 50) of $9.17 and a 200-day simple moving average (SMA200) of $10.28.
The stock witnessed a -10.84% in the last 1 month and extending the period to 3 months gives it a -26.86%, and is 2.81% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 10.23% over the week and 8.45% over the month.
Distance from 52-week low is 13.04% and -39.44% from its 52-week high.
View Inc. (VIEW) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for View Inc. (VIEW) is a “Buy”. 1 analysts offering their recommendations for the stock, where 0 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
View Inc. (VIEW) Top Institutional Holders
83 institutions hold shares in View Inc. (VIEW), with 20.99M shares held by insiders accounting for 9.67% while institutional investors hold 73.83% of the company’s shares. The shares outstanding are 63.60M, and float is at 52.42M with Short Float at 2.89%. Institutions hold 66.69% of the Float.