A new trading day began on June 23, 2022, with The Very Good Food Company Inc. (NASDAQ: VGFC) stock priced at $0.2811, up 15.23% from the previous day of trading. During the day, the shares moved up to $0.31 and dropped to $0.2697 before settling in for the closing price of $0.26. VGFC’s price has ranged from $0.13 to $3.44 over the past 52 weeks.
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With a float of $91.82 million, this company’s outstanding shares have now reached $118.47 million.
The extent of productivity of a business whose workforce counts for 271 workers is very important to gauge. In terms of profitability, gross margin is -84.55, operating margin of -452.44, and the pretax margin is -445.07.
The Very Good Food Company Inc. (VGFC) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Packaged Foods Industry. The insider ownership of The Very Good Food Company Inc. is 27.41%, while institutional ownership is 1.89%.
The Very Good Food Company Inc. (VGFC) Latest Financial update
This company achieved a net margin of -445.07 while generating a return on equity of -160.90.
The Very Good Food Company Inc. (NASDAQ: VGFC) Trading Performance Indicators
Here are The Very Good Food Company Inc.’s current performance indicators. According to the last quarter’s results, the stock had a price to sales ratio for the trailing twelve months stands at 2.90.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.38
Technical Analysis of The Very Good Food Company Inc. (VGFC)
The latest stats from [The Very Good Food Company Inc., VGFC] show that its last 5-days average volume of 2.02 million was inferior to 2.89 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 30.30%. Additionally, its Average True Range was 0.05.
During the past 100 days, The Very Good Food Company Inc.’s (VGFC) raw stochastic average was set at 26.05%, which indicates a significant decrease from 51.89% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 169.46% in the past 14 days, which was lower than the 196.49% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.2619, while its 200-day Moving Average is $0.9009. Now, the first resistance to watch is $0.3165. This is followed by the second major resistance level at $0.3334. The third major resistance level sits at $0.3568. If the price goes on to break the first support level at $0.2762, it is likely to go to the next support level at $0.2528. The third support level lies at $0.2359 if the price breaches the second support level.
The Very Good Food Company Inc. (NASDAQ: VGFC) Key Stats
With a market capitalization of 35.49 million, the company has a total of 0K Shares Outstanding. Currently, annual sales are 9,780 K while annual income is -43,530 K. The company’s previous quarter sales were 1,590 K while its latest quarter income was -6,600 K.
