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After finishing at $2.86 in the prior trading day, Virgin Galactic Holdings Inc (NYSE: SPCE) closed at $2.73, down -4.55%. In other words, the price has decreased by -$4.55 from its previous closing price. On the day, 2.99 million shares were traded. SPCE stock price reached its highest trading level at $2.8784 during the session, while it also had its lowest trading level at $2.73.
Ratios:
Our goal is to gain a better understanding of SPCE by taking a closer look at 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 118904056 and an Enterprise Value of 116764328. For the stock, the TTM Price-to-Sale (P/S) ratio is 20.60 while its Price-to-Book (P/B) ratio in mrq is 0.40. Its current Enterprise Value per Revenue stands at 21.184 whereas that against EBITDA is -0.346.
Stock Price History:
The Beta on a monthly basis for SPCE is 2.11, which has changed by -0.6561713 over the last 52 weeks, in comparison to a change of 0.12632763 over the same period for the S&P500. Over the past 52 weeks, SPCE has reached a high of $8.79, while it has fallen to a 52-week low of $2.18. The 50-Day Moving Average of the stock is -13.70%, while the 200-Day Moving Average is calculated to be -43.62%.
Shares Statistics:
The stock has traded on average 5.00M shares per day over the past 3-months and 2481970 shares per day over the last 10 days, according to various share statistics. 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 22.77% stake in the company. Shares short for SPCE as of 1749772800 were 12858056 with a Short Ratio of 2.57, compared to 1747267200 on 11711744. Therefore, it implies a Short% of Shares Outstanding of 12858056 and a Short% of Float of 30.98.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
