View Inc. (NASDAQ:VIEW)’s traded shares stood at 2.72 million during the last session. At the close of trading, the stock’s price was $0.57, to imply an increase of 2.80% or $0.02 in intraday trading. The VIEW share’s 52-week high remains $3.10, putting it -443.86% down since that peak but still an impressive 35.09% since price per share fell to its 52-week low of $0.37. The company has a valuation of $145.83M, with an average of 0.72 million shares in intraday trading volume over the past 10 days and average of 1.14 million shares over the past 3 months.
View Inc. (NASDAQ:VIEW) trade information
After registering a 2.80% upside in the last session, View Inc. (VIEW) has traded red over the past five days. The stock hit a weekly high of 0.6237 this Friday, 03/17/23, jumping 2.80% in its intraday price action. The 5-day price performance for the stock is 7.53%, and -20.58% over 30 days. With these gigs, the year-to-date price performance is -40.93%. Short interest in View Inc. (NASDAQ:VIEW) saw shorts transact 7.96 million shares and set a 3.98 days time to cover.
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View Inc. (VIEW) estimates and forecasts
Looking at statistics comparing View Inc. share performance against respective industry, we note that the company has underperformed competitors. View Inc. (VIEW) shares are -67.98% down over the last 6 months, with its year-to-date growth rate lower than industry average at 26.38% against 30.20%. Revenue is forecast to grow 23.70% this quarter before jumping 25.00% for the next one. The rating firms project that company’s revenue will grow 39.30% compared to the previous financial year.
Revenue forecast for the current quarter as set by 1 analysts is $46 million. Meanwhile, for the quarter ending Mar 2023, a total of 1 analyst(s) estimate revenue growth to $33.9 million.
VIEW Dividends
View Inc. has its next earnings report out on March 29. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. View Inc. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
View Inc. (NASDAQ:VIEW)’s Major holders
View Inc. insiders hold 15.71% of total outstanding shares, with institutional holders owning 77.45% of the shares at 91.88% float percentage. In total, 77.45% institutions holds shares in the company, led by SB Investment Advisers (UK) LTD. As of Sep 29, 2022, the company held over 66.19 million shares (or 29.87% of shares), all amounting to roughly $88.7 million.
The next major institution holding the largest number of shares is Cantor Fitzgerald, L. P. with 19.32 million shares, or about 8.72% of shares outstanding. As of the market price on Sep 29, 2022, these shares were worth $25.89 million.
We also have Vanguard Total Stock Market Index Fund and SPDR (R) Ser Tr-SPDR� Kensho New Economies Composite ETF as the top two Mutual Funds with the largest holdings of the View Inc. (VIEW) shares. Going by data provided on Sep 29, 2022, Vanguard Total Stock Market Index Fund holds roughly 4.17 million shares. This is just over 1.88% of the total shares, with a market valuation of $5.59 million. Data from the same date shows that the other fund manager holds a little less at 4.05 million, or 1.83% of the shares, all valued at about 3.91 million.
