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Valens Semiconductor Ltd (NYSE: VLN) closed the day trading at $1.80 down -8.16% from the previous closing price of $1.96. In other words, the price has decreased by -$8.16 from its previous closing price. On the day, 1.01 million shares were traded. VLN stock price reached its highest trading level at $1.9587 during the session, while it also had its lowest trading level at $1.75.
Ratios:
For a better understanding of VLN, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 7.58 and its Current Ratio is at 8.20. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.02.
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 191484000 and an Enterprise Value of 81650840. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.87 while its Price-to-Book (P/B) ratio in mrq is 1.30. Its current Enterprise Value per Revenue stands at 1.293 whereas that against EBITDA is -2.569.
Stock Price History:
Over the past 52 weeks, VLN has reached a high of $3.39, while it has fallen to a 52-week low of $1.67. The 50-Day Moving Average of the stock is -9.59%, while the 200-Day Moving Average is calculated to be -23.57%.
Shares Statistics:
Over the past 3-months, VLN traded about 173.01K shares per day on average, while over the past 10 days, VLN traded about 251800 shares per day. A total of 103.15M shares are outstanding, with a floating share count of 79.80M. Insiders hold about 24.92% of the company’s shares, while institutions hold 9.20% stake in the company. Shares short for VLN as of 1730332800 were 182617 with a Short Ratio of 1.06, compared to 1727654400 on 299091. Therefore, it implies a Short% of Shares Outstanding of 182617 and a Short% of Float of 0.22999999999999998.
