Velo3D Inc (NYSE:VLD) has a beta value of 1.98 and has seen 13.93 million shares traded in the last trading session. The company, currently valued at $90.12M, closed the last trade at $0.42 per share which meant it gained $0.06 on the day or 17.33% during that session. The VLD stock price is -511.9% off its 52-week high price of $2.57 and 54.76% above the 52-week low of $0.19. If we look at the company’s 10-day average daily trading volume, we find that it stood at 9.55 million shares traded. The 3-month trading volume is 6.40 million shares.
Velo3D Inc (NYSE:VLD) trade information
Sporting 17.33% in the green in last session, the stock has traded in the green over the last five days, when the VLD stock price touched $0.42 or saw a rise of 14.29%. Year-to-date, Velo3D Inc shares have moved 6.41%, while the 5-day performance has seen it change 15.98%. Over the past 30 days, the shares of Velo3D Inc (NYSE:VLD) have changed 63.30%. Short interest in the company has seen 24.02 million shares shorted with days to cover at 5.23.
Velo3D Inc (VLD) estimates and forecasts
The company’s shares have lost -74.04% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 32.80%.
1 analysts offering their estimates for the company have set an average revenue estimate of $19.5 million for the current quarter. 1 have an estimated revenue figure of $20.9 million for the next quarter concluding in Mar 2024. Year-ago sales stood $29.78 million and $26.06 million respectively for this quarter and the next, and analysts expect sales will shrink by -34.50% for the current quarter and -19.80% for the next.
VLD Dividends
Velo3D Inc is expected to release its next earnings report in April this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Velo3D Inc (NYSE:VLD)’s Major holders
Insiders own 11.75% of the company shares, while shares held by institutions stand at 58.74% with a share float percentage of 66.56%. Investors are also buoyed by the number of investors in a company, with Velo3D Inc having a total of 117 institutions that hold shares in the company. The top two institutional holders are Deer Management Co. LLC with over 37.86 million shares worth more than $81.79 million. As of Jun 29, 2023, Deer Management Co. LLC held 19.24% of shares outstanding.
The other major institutional holder is VK Services, LLC, with the holding of over 30.35 million shares as of Jun 29, 2023. The firm’s total holdings are worth over $65.56 million and represent 15.43% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are ARK ETF Tr-ARK Autonomous Technology & Robotics ETF and Vanguard Total Stock Market Index Fund. As of Sep 29, 2023, the former fund manager holds about 4.16% shares in the company for having 8.18 million shares of worth $12.77 million while later fund manager owns 4.79 million shares of worth $10.35 million as of Jun 29, 2023, which makes it owner of about 2.44% of company’s outstanding stock.
