The price of Velo3D Inc (NYSE: VLD) closed at $0.32 in the last session, down -4.37% from day before closing price of $0.33. On the day, 6596125 shares were traded.
Ratios:
We take a closer look at VLD’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.18 and its Current Ratio is at 2.43. In the meantime, Its Debt-to-Equity ratio is 0.67 whereas as Long-Term Debt/Eq ratio is at 0.32.
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, Credit Suisse on August 17, 2022, initiated with a Neutral rating and assigned the stock a target price of $5.40.
On March 04, 2022, BofA Securities Downgraded its rating to Underperform which previously was Neutral but kept the price unchanged to $7.
On October 26, 2021, Needham started tracking the stock assigning a Buy rating and target price of $15.Needham initiated its Buy rating on October 26, 2021, with a $15 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 28 ’24 when Buller Benyamin sold 2,000 shares for $0.43 per share. The transaction valued at 864 led to the insider holds 5,020,706 shares of the business.
Buller Benyamin sold 2,000 shares of VLD for $699 on Mar 27 ’24. The Director now owns 5,022,706 shares after completing the transaction at $0.35 per share. On Mar 26 ’24, another insider, Buller Benyamin, who serves as the Director of the company, sold 2,000 shares for $0.56 each. As a result, the insider received 1,113 and left with 5,024,706 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.06 while its Price-to-Book (P/B) ratio in mrq is 1.20.
Stock Price History:
Over the past 52 weeks, VLD has reached a high of $2.50, while it has fallen to a 52-week low of $0.19.
Shares Statistics:
A total of 258.42M shares are outstanding, with a floating share count of 140.85M. Insiders hold about 46.18% of the company’s shares, while institutions hold 29.78% stake in the company.
Earnings Estimates
The company has SPDR Gold Trust analysts who recommend its stock at the moment. The consensus estimate for the next quarter is $173.54, with high estimates of $0.32 and low estimates of $8.30.
Analysts are recommending an EPS of between $Technology and $Communication Services for the fiscal current year, implying an average EPS of $Energy.
