In the last trading session, 6,047,386 View, Inc. (NASDAQ:VIEW) shares changed hands as the company’s beta touched 0. With the company’s per share price at $8.91 changed hands at -$0.29 or -0.03% during last session, the market valuation stood at $1.93 Billion. VIEW’s last price was a discount, traded about -49.38% off its 52-week high of $13.31. The share price had its 52-week low at $6.02, which suggests the last value was 32.44% up since then. When we look at View, Inc.’s average trading volume, we note the 10-day average is 2.4 Million shares, with the 3-month average coming to 1.37 Million.
Analysts gave the View, Inc. (VIEW) stock a consensus recommendation rating of Buy, calculated at a mean rating of 0. If we narrow down to specifics, the data shows that none out of 3 analysts rate the stock as a Sell, with a further 1 assigning it an Overweight rating. Of the remaining, none recommended VIEW as a Hold, 2 felt it is a Buy and none rated the stock as Underweight.
View, Inc. (NASDAQ:VIEW) trade information
Although VIEW has turned red as seen at the end of in last trading. With action -3.15%, the performance over the past five days has been red. The jump to weekly highs of $9.75- on Monday, Jun 14 added 8.62% to the stock’s daily price. The company’s shares are showing year-to-date downside of -0.19%, with the 5-day performance at -0.07% in the red. However, in the 30-day time frame, View, Inc. (NASDAQ:VIEW) is 0.22% up. Looking at the short shares, we see there were 12.92 Million shares sold at short interest cover period of 9.43 days.
The consensus price target for the stock as assigned by Wall Street analysts is $12.33, meaning bulls need an upside of 38.38% from its current market value. According to analyst projections, VIEW’s forecast low is $10 with $16 as the target high. To hit the forecast high, the stock’s price needs a +79.57% upsurge from its current level, while the stock would need to tank 12.23% for it to hit the projected low.
View, Inc. (VIEW) estimates and forecasts
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 0%. The 2021 estimates are for View, Inc. earnings to decrease by 0%, but the outlook for the next 5-year period is at 0% per year.