In the last trading session, 57.6 million Virgin Galactic Holdings Inc (NYSE:SPCE) shares changed hands as the company’s beta touched 1.77. With the company’s per share price at $0.68 changed hands at -$0.05 or -6.23% during last session, the market valuation stood at $281.74M. SPCE’s last price was a discount, traded about -807.35% off its 52-week high of $6.17. The share price had its 52-week low at $0.70, which suggests the last value was -2.94% down since then. When we look at Virgin Galactic Holdings Inc’s average trading volume, we note the 3-month average coming to 24.98 million.
Virgin Galactic Holdings Inc (NYSE:SPCE) trade information
Instantly SPCE was in red as seen at the end of in last trading. With action -19.02%, the performance over the past five days has been red. The drop to weekly highs of 0.9300 subtracted -6.23% to the stock’s daily price. The company’s shares are showing year-to-date downside of -72.04%, with the 5-day performance at -19.02% in the red. However, in the 30-day time frame, Virgin Galactic Holdings Inc (NYSE:SPCE) is -35.39% down.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Virgin Galactic Holdings Inc (SPCE) estimates and forecasts
Data shows that the Virgin Galactic Holdings Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -72.04% over the past 6 months, a 36.49% in annual growth rate that is considerably higher than the industry average of 16.00%. Year-over-year growth is forecast to reach -10.40% down from the last financial year.
Consensus estimates given by 7 financial analysts project the company’s revenue in the current quarter to hit an average of 3.36M. 6 analysts are of the opinion that Virgin Galactic Holdings Inc’s revenue for the current quarter will be 410k. The company’s revenue for the corresponding quarters a year ago was 1.87M and 1.73M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 79.60%. The estimates for the next quarter sales put growth at -76.30%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -15.87%. The 2024 estimates are for Virgin Galactic Holdings Inc earnings to increase by 36.34%, but the outlook for the next 5-year period is at 19.40% per year.
SPCE Dividends
Virgin Galactic Holdings Inc is expected to release its next quarterly earnings report in July.
