Virgin Galactic Holdings Inc (NYSE: SPCE) is -47.96% lower on its value in year-to-date trading and has touched a low of $2.18 and a high of $14.82 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 SPCE stock was last observed hovering at around $3.00 in the last trading session, with the day’s gains setting it 0.06%.
Currently trading at $3.06, the stock is -10.38% and -1.29% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.07 million and changing 2.00% at the moment leaves the stock -38.68% off its SMA200. SPCE registered -82.04% loss for a year compared to 6-month loss of -52.85%.
The stock witnessed a -8.66% gain in the last 1 month and extending the period to 3 months gives it a -11.82%, and is -12.57% 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 4.33% over the week and 4.85% over the month.
Virgin Galactic Holdings Inc (SPCE) has around 744 employees, a market worth around $127.21M and $5.51M in sales. Profit margin for the company is -5972.70%. Distance from 52-week low is 40.37% and -79.36% from its 52-week high. The company has generated returns on investments over the last 12 months (-43.39%).
with sales reaching $450k over the same period.The EPS is expected to grow by 34.51% this year, but quarterly earnings will post -74.81% year-over-year. Quarterly sales are estimated to shrink -89.34% in year-over-year returns.
Virgin Galactic Holdings Inc (SPCE) Top Institutional Holders
The shares outstanding are 41.57M, and float is at 40.75M with Short Float at 29.31%.
The top institutional shareholder in the company is WOLVERINE ASSET MANAGEMENT LLC with over 6.6 million shares valued at $55.65 million. The investor’s holdings represent 30.7247% of the SPCE Shares outstanding. As of 2024-06-30, the second largest holder is PORTMAN SQUARE CAPITAL LLP with 3.87 million shares valued at $1.63 million to account for 18.0106 of the shares outstanding. The other top investors are SUSQUEHANNA INTERNATIONAL GROUP, LLP which holds 3.29 million shares representing 15.317% and valued at over $27.74 million, while GRAHAM CAPITAL MANAGEMENT, L.P. holds 14.3977 of the shares totaling 3.09 million with a market value of $26.08 million.
Virgin Galactic Holdings Inc (SPCE) Insider Activity
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