In the last trading session, 39.38 million shares of the Virgin Galactic Holdings Inc (NYSE:SPCE) were traded, and its beta was 1.69. Most recently the company’s share price was $0.86, and it changed around -$0.11 or -11.74% from the last close, which brings the market valuation of the company to $342.47M. SPCE currently trades at a discount to its 52-week high of $6.17, offering almost -617.44% off that amount. The share price’s 52-week low was $0.90, which indicates that the current value has fallen by an impressive -4.65% since then. We note from Virgin Galactic Holdings Inc’s average daily trading volume that its 3-month average coming to 9.99 million.
Virgin Galactic Holdings Inc stock received a consensus recommendation rating of Underweight, based on a mean score of 3.10. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended SPCE as a Hold, whereas 0 deemed it a Buy, and 1 rated it as Underweight.
Virgin Galactic Holdings Inc (NYSE:SPCE) trade information
Instantly SPCE has showed a red trend with a performance of -11.74% at the end of last trading. The performance over the last five days has remained in the red territory. The company’s shares are currently down -65.06% year-to-date, but still down -20.73% over the last five days. On the other hand, Virgin Galactic Holdings Inc (NYSE:SPCE) is -40.13% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $16.75, which translates to bulls needing to increase their stock price by 94.87% from its current value. Analyst projections state that SPCE is forecast to be at a low of $1.75 and a high of $48.
Virgin Galactic Holdings Inc (SPCE) estimates and forecasts
Virgin Galactic Holdings Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -49.94 percent over the past six months and at a 35.14% annual growth rate that is well above the industry average of 14.30%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -15.87%. Virgin Galactic Holdings Inc earnings are expected to increase by 33.70% in 2024, but the outlook is positive 19.40% per year for the next five years.
SPCE Dividends
Virgin Galactic Holdings Inc’s next quarterly earnings report is expected to be released in May.
