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Will Volta Inc. (VLTA) benefit from Wall Street bulls Calls?

Volta Inc. (NYSE: VLTA) is 143.98% higher on its value in year-to-date trading and has touched a low of $0.30 and a high of $5.80 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The VLTA stock was last observed hovering at around $0.88 in the last trading session, with the day’s loss setting it -0.01% off its average median price target of $0.93 for the next 12 months. It is also 56.5% off the consensus price target high of $2.00 offered by 5 analysts, but current levels are -1.16% lower than the price target low of $0.86 for the same period.

Currently trading at $0.87, the stock is 66.29% and 54.50% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.91 million and changing -1.40% at the moment leaves the stock -45.32% off its SMA200. VLTA registered -83.00% loss for a year compared to 6-month loss of -50.73%.

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The stock witnessed a 110.21% gain in the last 1 month and extending the period to 3 months gives it a -12.79%, and is 30.00% 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 6.39% over the week and 12.37% over the month.

Volta Inc. (VLTA) has around 353 employees, a market worth around $147.18M and $50.20M in sales. Distance from 52-week low is 189.03% and -85.06% from its 52-week high. The company has generated returns on investments over the last 12 months (-83.30%).

Volta Inc. (VLTA) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Volta Inc. (VLTA) is a “Hold”. 5 analysts offering their recommendations for the stock have an average rating of 2.80, where 4 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.

The EPS is expected to shrink by -315.90% this year.

Volta Inc. (VLTA) Top Institutional Holders

The shares outstanding are 168.75M, and float is at 123.41M with Short Float at 18.20%.

Volta Inc. (VLTA) Insider Activity

A total of 7 insider transactions have happened at Volta Inc. (VLTA) in the last six months, with sales accounting for 1 and purchases happening 6 times.

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