VG Acquisition Corp. (VGAC) is heading in the right direction with an average volume of $1.08M
Witnessing the stock’s movement on the chart, on June 09, 2021, VG Acquisition Corp. (NYSE: VGAC) had a quiet start as it plunged -0.78% to $10.17. During the day, the stock rose to $10.47 and sunk to $10.06 before settling in for the price of $10.25 at the close. Taking a more long-term approach, VGAC posted a 52-week range of $9.65-$18.16.
This publicly-traded company’s shares outstanding now amounts to $62.56 million, simultaneously with a float of $50.35 million. The organization now has a market capitalization sitting at $645.90 million. At the time of writing, stock’s 50-day Moving Average stood at $10.01.
VG Acquisition Corp. (NYSE: VGAC) Trading Performance Indicators
Let’s observe the current performance indicators for VG Acquisition Corp. (VGAC). It’s Quick Ratio in the last reported quarter now stands at 0.00. The Stock has managed to achieve an average true range (ATR) of 0.14.
In the same vein, VGAC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.78.
Technical Analysis of VG Acquisition Corp. (VGAC)
Going through the that latest performance of [VG Acquisition Corp., VGAC]. Its last 5-days volume of 2.22 million was inferior to the volume of 2.54 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 62.67% While, its Average True Range was 0.18.
Raw Stochastic average of VG Acquisition Corp. (VGAC) in the period of the previous 100 days is set at 5.33%, which indicates a major fall in contrast to 45.00% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 11.22% that was lower than 60.13% volatility it exhibited in the past 100-days period.