For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
As of close of business last night, Virgin Galactic Holdings Inc’s stock clocked out at $4.44, up 10.17% from its previous closing price of $4.03. In other words, the price has increased by $10.17 from its previous closing price. On the day, 8.42 million shares were traded. SPCE stock price reached its highest trading level at $4.63 during the session, while it also had its lowest trading level at $4.035.
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 184592112 and an Enterprise Value of 187857312. For the stock, the TTM Price-to-Sale (P/S) ratio is 33.50 while its Price-to-Book (P/B) ratio in mrq is 0.65. Its current Enterprise Value per Revenue stands at 34.082 whereas that against EBITDA is -0.556.
Stock Price History:
The Beta on a monthly basis for SPCE is 2.00, which has changed by -0.33928573 over the last 52 weeks, in comparison to a change of 0.17774606 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 34.04%, while the 200-Day Moving Average is calculated to be -3.51%.
Shares Statistics:
It appears that SPCE traded 5.76M shares on average per day over the past three months and 6373770 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 22.75% stake in the company. Shares short for SPCE as of 1751241600 were 11435647 with a Short Ratio of 1.99, compared to 1748563200 on 11942941. Therefore, it implies a Short% of Shares Outstanding of 11435647 and a Short% of Float of 27.560000000000002.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
