Vertical Aerospace Ltd (NYSE: EVTL) is -29.80% lower on its value in year-to-date trading and has touched a low of $2.76 and a high of $15.99 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 EVTL stock was last observed hovering at around $6.96 in the last trading session, with the day’s loss setting it -0.17%.
Currently trading at $6.79, the stock is 9.26% and 16.06% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.27 million and changing -2.44% at the moment leaves the stock 18.13% off its SMA200. EVTL registered -46.03% loss for a year compared to 6-month gain of 20.18%. The firm has a 50-day simple moving average (SMA 50) of $5.8506 and a 200-day simple moving average (SMA200) of $5.74794.
The stock witnessed a 9.52% loss in the last 1 month and extending the period to 3 months gives it a 75.91%, and is -0.15% 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 8.58% over the week and 8.67% over the month.
Vertical Aerospace Ltd (EVTL) has around 368 employees, a market worth around $656.44M and $0.00M in sales. Distance from 52-week low is 146.03% and -57.54% from its 52-week high.
The EPS is expected to grow by 108.57% this year.
Vertical Aerospace Ltd (EVTL) Top Institutional Holders
35.0 institutions hold shares in Vertical Aerospace Ltd (EVTL), with institutional investors hold 92.64% of the company’s shares. The shares outstanding are 84.60M, and float is at 77.68M with Short Float at 3.43%. Institutions hold 74.46% of the Float.
The top institutional shareholder in the company is MILLENNIUM MANAGEMENT LLC with over 0.22 million shares valued at $0.16 million. The investor’s holdings represent 0.1147% of the EVTL Shares outstanding. As of 2024-06-30, the second largest holder is GROUP ONE TRADING, L.P. with 49681.0 shares valued at $36506.0 to account for 0.0258 of the shares outstanding. The other top investors are GTS SECURITIES LLC which holds 46300.0 shares representing 0.0241% and valued at over $34031.0, while SUSQUEHANNA INTERNATIONAL GROUP, LLP holds 0.0193 of the shares totaling 37054.0 with a market value of $27227.0.