Vision Marine Technologies Inc (NASDAQ: VMAR) is -38.35% lower on its value in year-to-date trading and has touched a low of $1.02 and a high of $120.15 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 VMAR stock was last observed hovering at around $1.05 in the last trading session, with the day’s loss setting it -0.07%.
Currently trading at $0.98, the stock is -21.02% and -33.91% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.69 million and changing -6.65% at the moment leaves the stock -96.77% off its SMA200. VMAR registered -99.12% loss for a year compared to 6-month loss of -98.37%.
The stock witnessed a -46.73% gain in the last 1 month and extending the period to 3 months gives it a -64.49%, and is -16.22% down 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 8.93% over the week and 8.64% over the month.
Profit margin for the company is -567.41%. Distance from 52-week low is -3.90% and -99.18% from its 52-week high. The company has generated returns on investments over the last 12 months (-179.58%).
The shares outstanding are 9.78M, and float is at 9.48M with Short Float at 13.87%.
The top institutional shareholder in the company is FEDERATION DES CAISSES DESJARDINS DU QUEBEC with over 1.17 million shares valued at $0.82 million. The investor’s holdings represent 9.962 of the VMAR Shares outstanding. As of 2024-06-30, the second largest holder is FIL LTD with 0.37 million shares valued at $0.26 million to account for 3.1652 of the shares outstanding. The other top investors are NATIONAL BANK OF CANADA /FI/ which holds 65705.0 shares representing 0.5615 and valued at over $32851.0, while JANE STREET GROUP, LLC holds 0.264 of the shares totaling 30893.0 with a market value of $21625.0.
