Virgin Galactic Holdings Inc (NYSE: SPCE) kicked off on Monday, down -5.71% from the previous trading day, before settling in for the closing price of $7.71. Over the past 52 weeks, SPCE has traded in a range of $5.26-$54.60.
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Annual sales at Industrials sector company grew by 277.31% over the past five years. While this was happening, its average annual earnings per share was recorded 40.44%. With a float of $26.72 million, this company’s outstanding shares have now reached $28.48 million.
Let’s look at the performance matrix of the company that is accounted for 805 employees. In terms of profitability, gross margin is -894.41%, operating margin of -4109.9%, and the pretax margin is -3760.66%.
Virgin Galactic Holdings Inc (SPCE) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Aerospace & Defense Industry. The insider ownership of Virgin Galactic Holdings Inc is 6.20%, while institutional ownership is 27.27%.
Virgin Galactic Holdings Inc (SPCE) Latest Financial update
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -5.6 earnings per share (EPS), higher than consensus estimate (set at -8.52) by 2.92. Wall Street market experts anticipate that the next fiscal year will bring earnings of -4.22 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 40.44% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 19.40% during the next five years compared to -15.86% drop over the previous five years of trading.
Virgin Galactic Holdings Inc (NYSE: SPCE) Trading Performance Indicators
Take a look at Virgin Galactic Holdings Inc’s (SPCE) current performance indicators. Last quarter, stock had a quick ratio of 4.63. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 19.28.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -20.23, a number that is poised to hit -4.01 in the next quarter and is forecasted to reach -12.92 in one year’s time.
Technical Analysis of Virgin Galactic Holdings Inc (SPCE)
Virgin Galactic Holdings Inc (NYSE: SPCE) saw its 5-day average volume 1.69 million, a positive change from its year-to-date volume of 1.32 million. As of the previous 9 days, the stock’s Stochastic %D was 77.00%. Additionally, its Average True Range was 0.45.
During the past 100 days, Virgin Galactic Holdings Inc’s (SPCE) raw stochastic average was set at 14.05%, which indicates a significant decrease from 64.85% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 57.87% in the past 14 days, which was lower than the 94.75% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.44, while its 200-day Moving Average is $18.70. Nevertheless, the first resistance level for the watch stands at $7.93 in the near term. At $8.60, the stock is likely to face the second major resistance level. The third major resistance level sits at $9.09. If the price goes on to break the first support level at $6.78, it is likely to go to the next support level at $6.29. The third support level lies at $5.63 if the price breaches the second support level.
Virgin Galactic Holdings Inc (NYSE: SPCE) Key Stats
The company with the Market Capitalisation of 207.05 million has total of 20,568K Shares Outstanding. Its annual sales at the moment are 6,800 K in contrast with the sum of -502,340 K annual income. Company’s last quarter sales were recorded 4,220 K and last quarter income was -93,780 K.
