Velo3D Inc (NYSE:VLD)’s traded shares stood at 7.36 million during the last session, with the company’s beta value hitting 2.08. At the close of trading, the stock’s price was $0.46, to imply an increase of 14.91% or $0.06 in intraday trading. The VLD share’s 52-week high remains $2.50, putting it -443.48% down since that peak but still an impressive 58.7% since price per share fell to its 52-week low of $0.19. The company has a valuation of $97.05M, with an average of 10.21 million shares in intraday trading volume over the past 10 days and average of 6.89 million shares over the past 3 months.
Velo3D Inc (NYSE:VLD) trade information
After registering a 14.91% upside in the last session, Velo3D Inc (VLD) has traded red over the past five days. The stock hit a weekly high of 0.6200, jumping 14.91% in its intraday price action. The 5-day price performance for the stock is -17.16%, and 65.13% over 30 days. With these gigs, the year-to-date price performance is 14.59%. Short interest in Velo3D Inc (NYSE:VLD) saw shorts transact 32.24 million shares and set a 5.05 days time to cover.
Velo3D Inc (VLD) estimates and forecasts
The rating firms project that company’s revenue will shrink -4.00% compared to the previous financial year.
Revenue forecast for the current quarter as set by 1 analysts is $1.81 million. Meanwhile, for the quarter ending Mar 2024, a total of 1 analyst(s) estimate revenue growth to $20.9 million.Earnings reports from the last fiscal year show that sales brought in $29.78 million and $26.06 million respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -93.90% before dropping -19.80% in the following quarter.
VLD Dividends
Velo3D Inc has its next earnings report out in April. 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. Velo3D 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%.
Velo3D Inc (NYSE:VLD)’s Major holders
Velo3D Inc insiders hold 11.60% of total outstanding shares, with institutional holders owning 58.02% of the shares at 65.64% float percentage. In total, 58.02% institutions holds shares in the company, led by Deer Management Co. LLC. As of Jun 29, 2023, the company held over 37.86 million shares (or 19.24% of shares), all amounting to roughly $81.79 million.
The next major institution holding the largest number of shares is VK Services, LLC with 30.35 million shares, or about 15.43% of shares outstanding. As of the market price on Jun 29, 2023, these shares were worth $65.56 million.
We also have ARK ETF Tr-ARK Autonomous Technology & Robotics ETF and Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Velo3D Inc (VLD) shares. Going by data provided on Sep 29, 2023, ARK ETF Tr-ARK Autonomous Technology & Robotics ETF holds roughly 8.18 million shares. This is just over 4.16% of the total shares, with a market valuation of $12.77 million. Data from the same date shows that the other fund manager holds a little less at 4.79 million, or 2.44% of the shares, all valued at about 10.35 million.
