A new trading day began on Monday, with Virgin Galactic Holdings Inc (NYSE: SPCE) stock price up 5.57% from the previous day of trading, before settling in for the closing price of $4.31. SPCE’s price has ranged from $2.18 to $6.82 over the past 52 weeks.
Industrials Sector giant saw their annual sales surged by 8.53% over the last five years. Meanwhile, its annual earnings per share averaged 60.03%. With a float of $62.70 million, this company’s outstanding shares have now reached $63.17 million.
Virgin Galactic Holdings Inc (SPCE) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Aerospace & Defense Industry. The insider ownership of Virgin Galactic Holdings Inc is 0.80%, while institutional ownership is 20.25%.
Virgin Galactic Holdings Inc (SPCE) Earnings and Forecasts
In its latest quarterly report, released on 12/31/2024, the company reported earnings of -2.53 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.77 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 60.03% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 73.82% during the next five years compared to 8.53% growth over the previous five years of trading.
Virgin Galactic Holdings Inc (NYSE: SPCE) Trading Performance Indicators
Here are Virgin Galactic Holdings Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.87. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 173.23.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -7.47, a number that is poised to hit -1.11 in the next quarter and is forecasted to reach -3.12 in one year’s time.
Technical Analysis of Virgin Galactic Holdings Inc (SPCE)
Analysing the last 5-days average volume posted by the [Virgin Galactic Holdings Inc, SPCE], we can find that recorded value of 3.03 million was lower than the volume posted last year of 3.64 million. As of the previous 9 days, the stock’s Stochastic %D was 94.54%.
During the past 100 days, Virgin Galactic Holdings Inc’s (SPCE) raw stochastic average was set at 70.56%, which indicates a significant decrease from 98.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.26 in the past 14 days, which was lower than the 0.27 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.90, while its 200-day Moving Average is $3.42. Now, the first resistance to watch is $4.65. This is followed by the second major resistance level at $4.74. The third major resistance level sits at $4.92. If the price goes on to break the first support level at $4.38, it is likely to go to the next support level at $4.20. Should the price break the second support level, the third support level stands at $4.11.
Virgin Galactic Holdings Inc (NYSE: SPCE) Key Stats
With a market capitalization of 287.56 million, the company has a total of 57,591K Shares Outstanding. Currently, annual sales are 7,040 K while annual income is -346,740 K. The company’s previous quarter sales were 370 K while its latest quarter income was -64,420 K.
