As The Stock Rises By 3.34% Year-To-Date, Vertical Aerospace Ltd (NYSE: EVTL)’S Stock Continues To Progress In 2024

During the recent session, Vertical Aerospace Ltd (NYSE:EVTL)’s traded shares were 0.47 million, with the beta value of the company hitting 0.63. At the last check today, the stock’s price was $0.71, reflecting an intraday loss of -9.36% or -$0.07. The 52-week high for the EVTL share is $1.62, that puts it down -128.17 from that peak though still a striking 28.17% gain since the share price plummeted to a 52-week low of $0.51. The company’s market capitalization is $157.31M, and the average intraday trading volume over the past 10 days was 0.48 million shares, and the average trade volume was 282.96K shares over the past three months.

Vertical Aerospace Ltd (EVTL) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.67. EVTL has a Sell rating from 1 analyst(s) out of 2 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it.

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Vertical Aerospace Ltd (NYSE:EVTL) trade information

Vertical Aerospace Ltd (EVTL) registered a -9.36% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -9.36% in intraday trading to $0.71, hitting a weekly high. The stock’s 5-day price performance is -9.79%, and it has moved by -15.86% in 30 days. Based on these gigs, the overall price performance for the year is -51.63%. The short interest in Vertical Aerospace Ltd (NYSE:EVTL) is 0.33 million shares and it means that shorts have 1.61 day(s) to cover.

The consensus price target of analysts on Wall Street is $1.5, which implies an increase of 52.67% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $1.5 and $5 respectively. As a result, EVTL is trading at a discount of -604.23% off the target high and -111.27% off the low.

Vertical Aerospace Ltd (EVTL) estimates and forecasts

Statistics show that Vertical Aerospace Ltd has underperformed its competitors in share price, compared to the industry in which it operates. Vertical Aerospace Ltd (EVTL) shares have gone down -11.08% during the last six months, with a year-to-date growth rate less than the industry average at -10.26% against 11.00.

While earnings are projected to return 19.87% in 2024, the next five years will return -0.09% per annum.

EVTL Dividends

Vertical Aerospace Ltd is due to release its next quarterly earnings on 2023-Nov-09. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

The next largest institutional holding, with 49681.0 shares, is of GROUP ONE TRADING, L.P.’s that is approximately 0.026% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $36506.0.