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As of close of business last night, Virgin Galactic Holdings Inc’s stock clocked out at $3.88, up 5.43% from its previous closing price of $3.68. In other words, the price has increased by $5.43 from its previous closing price. On the day, 2.76 million shares were traded. SPCE stock price reached its highest trading level at $3.935 during the session, while it also had its lowest trading level at $3.705.
Ratios:
To gain a deeper understanding of SPCE’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.81 and its Current Ratio is at 3.81. In the meantime, Its Debt-to-Equity ratio is 1.81 whereas as Long-Term Debt/Eq ratio is at 1.79.
On January 10, 2024, Truist Upgraded its rating to Hold which previously was Sell and also upped its target price recommendation from $1 to $3.
Morgan Stanley Downgraded its Equal-Weight to Underweight on November 22, 2023, whereas the target price for the stock was revised from $4 to $1.75.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SPCE now has a Market Capitalization of 161310224 and an Enterprise Value of 164575392. For the stock, the TTM Price-to-Sale (P/S) ratio is 29.28 while its Price-to-Book (P/B) ratio in mrq is 0.57. Its current Enterprise Value per Revenue stands at 29.858 whereas that against EBITDA is -0.487.
Stock Price History:
The Beta on a monthly basis for SPCE is 2.12, which has changed by -0.31205672 over the last 52 weeks, in comparison to a change of 0.20799685 over the same period for the S&P500. Over the past 52 weeks, SPCE has reached a high of $8.19, while it has fallen to a 52-week low of $2.18. The 50-Day Moving Average of the stock is 16.36%, while the 200-Day Moving Average is calculated to be -13.98%.
Shares Statistics:
It appears that SPCE traded 5.95M shares on average per day over the past three months and 3710850 shares per day over the past ten days. A total of 41.57M shares are outstanding, with a floating share count of 41.00M. Insiders hold about 1.39% of the company’s shares, while institutions hold 22.72% stake in the company. Shares short for SPCE as of 1752537600 were 11536028 with a Short Ratio of 1.94, compared to 1749772800 on 12858056. Therefore, it implies a Short% of Shares Outstanding of 11536028 and a Short% of Float of 27.800000000000004.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
