In last trading session, Valens Semiconductor Ltd (NYSE:VLN) saw 0.35 million shares changing hands with its beta currently measuring 0.42. Company’s recent per share price level of $1.93 trading at $0.09 or 4.89% at ring of the bell on the day assigns it a market valuation of $205.14M. That closing price of VLN’s stock is at a discount of -75.65% from its 52-week high price of $3.39 and is indicating a premium of 13.47% from its 52-week low price of $1.67. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.43 million shares which gives us an average trading volume of 208.88K if we extend that period to 3-months.
For Valens Semiconductor Ltd (VLN), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.04 in the current quarter.
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Valens Semiconductor Ltd (NYSE:VLN) trade information
Upright in the green during last session for gaining 4.89%, in the last five days VLN remained trading in the red while hitting it’s week-highest on Friday, 11/22/24 when the stock touched $1.93 price level, adding 7.22% to its value on the day. Valens Semiconductor Ltd’s shares saw a change of -21.22% in year-to-date performance and have moved -6.76% in past 5-day. Valens Semiconductor Ltd (NYSE:VLN) showed a performance of 2.12% in past 30-days. Number of shares sold short was 0.21 million shares which calculate 0.9 days to cover the short interests.
Valens Semiconductor Ltd (VLN) estimates and forecasts
Statistics highlight that Valens Semiconductor Ltd is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -28.25% of value to its shares in past 6 months, showing an annual growth rate of -240.00% while that of industry is -3.00. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -31.86% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 16.2M for the same. And 2 analysts are in estimates of company making revenue of 16M in the next quarter. Company posted 21.94M and 11.56M of sales in current and next quarters respectively a year earlier.
In 2024, company’s earnings growth rate is likely to be around -230.00% while estimates for its earnings growth in next 5 years are of 22.40%.
Valens Semiconductor Ltd (NYSE:VLN)’s Major holders
LINSE CAPITAL LLC is the top institutional holder at VLN for having 11.19 million shares of worth $35.7 million. And as of 2024-06-30, it was holding 10.7553 of the company’s outstanding shares.
The second largest institutional holder is CLAL INSURANCE ENTERPRISES HOLDINGS LTD, which was holding about 2.24 million shares on 2024-06-30. The number of shares represents firm’s hold over 2.1529 of outstanding shares, having a total worth of $7.15 million.
On the other hand, Columbia Fds Ser Tr I-Columbia Small Cap Value Fd I and Columbia Fds Var Ins Tr-Columbia Var Port-Small Cap Value Fd are the top two Mutual Funds which own company’s shares. As of Jul 31, 2024 , the former fund manager was holding 914.88 shares of worth $1.8 million or 0.86% of the total outstanding shares. The later fund manager was in possession of 299.59 shares on Sep 30, 2024 , making its stake of worth around $0.59 million in the company or a holder of 0.28% of company’s stock.
