Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
Valens Semiconductor Ltd (NYSE: VLN) closed the day trading at $2.40 up 2.56% from the previous closing price of $2.34. In other words, the price has increased by $2.56 from its previous closing price. On the day, 0.55 million shares were traded. VLN stock price reached its highest trading level at $2.42 during the session, while it also had its lowest trading level at $2.34.
Ratios:
For a better understanding of VLN, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 10.10 and its Current Ratio is at 10.97. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Chardan Capital Markets on May 11, 2023, Reiterated its Buy rating but revised its target price to $12 from $13 previously.
On November 23, 2021, Chardan Capital Markets started tracking the stock assigning a Buy rating and target price of $13.
On November 15, 2021, BofA Securities started tracking the stock assigning a Buy rating and target price of $12.BofA Securities initiated its Buy rating on November 15, 2021, with a $12 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VLN now has a Market Capitalization of 252506416 and an Enterprise Value of 106130600. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.00 while its Price-to-Book (P/B) ratio in mrq is 1.51. Its current Enterprise Value per Revenue stands at 1.261 whereas that against EBITDA is -4.197.
Stock Price History:
Over the past 52 weeks, VLN has reached a high of $2.91, while it has fallen to a 52-week low of $1.91. The 50-Day Moving Average of the stock is 4.23%, while the 200-Day Moving Average is calculated to be 1.27%.
Shares Statistics:
Over the past 3-months, VLN traded about 286.92K shares per day on average, while over the past 10 days, VLN traded about 450600 shares per day. A total of 103.15M shares are outstanding, with a floating share count of 70.61M. Insiders hold about 32.89% of the company’s shares, while institutions hold 13.06% stake in the company. Shares short for VLN as of 1711584000 were 229577 with a Short Ratio of 0.80, compared to 1709164800 on 158289. Therefore, it implies a Short% of Shares Outstanding of 229577 and a Short% of Float of 0.3.
