Vision Marine Technologies Inc (NASDAQ:VMAR)’s traded shares stood at 1.76 million during the last session, with the company’s beta value hitting -0.09. At the close of trading, the stock’s price was $1.83, to imply a decrease of -10.73% or -$0.22 in intraday trading. The VMAR share’s 52-week high remains $136.35, putting it -7350.82% down since that peak but still an impressive 28.96% since price per share fell to its 52-week low of $1.30. The company has a valuation of $6.70M, with an average of 25.9 million shares in intraday trading volume over the past 10 days and average of 5.00 million shares over the past 3 months.
Vision Marine Technologies Inc (NASDAQ:VMAR) trade information
After registering a -10.73% downside in the last session, Vision Marine Technologies Inc (VMAR) has traded red over the past five days. The 5-day price performance for the stock is 20.39%, and 26.21% over 30 days. With these gigs, the year-to-date price performance is 15.09%. Short interest in Vision Marine Technologies Inc (NASDAQ:VMAR) saw shorts transact 37263.0 shares and set a 0.03 days time to cover.
Vision Marine Technologies Inc (VMAR) estimates and forecasts
Looking at statistics comparing Vision Marine Technologies Inc share performance against respective industry, we note that the company has outperformed competitors. Vision Marine Technologies Inc (VMAR) shares are -97.06% down over the last 6 months, with its year-to-date growth rate higher than industry average at 21.34% against -0.50%. The rating firms project that company’s revenue will grow 116.11% compared to the previous financial year.
Revenue forecast for the current quarter as set by 1 analysts is 1.4M. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 2.3M.Earnings reports from the last fiscal year show that sales brought in 728.61k and 637.62k respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 92.15% before jumping 260.72% in the following quarter.
VMAR Dividends
Vision Marine Technologies Inc has its next earnings report out in February. 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.
Vision Marine Technologies Inc (NASDAQ:VMAR)’s Major holders
Vision Marine Technologies Inc insiders hold 4.60% of total outstanding shares, with institutional holders owning 2.53% of the shares at 2.65% float percentage. In total, 2.53% institutions holds shares in the company, led by FEDERATION DES CAISSES DESJARDINS DU QUEBEC. As of 2024-06-30, the company held over 1.17 million shares (or 9.962% of shares), all amounting to roughly $0.82 million.
The next major institution holding the largest number of shares is FIL LTD with 0.37 million shares, or about 3.1652% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $0.26 million.
Going by data provided on Oct 31, 2024 , Tidal Tr II-Carbon Collective Climate Solutions U.S. Equity ETF holds roughly 4.0 shares. This is just over 0.00% of the total shares, with a market valuation of $7.0
