Vertical Aerospace Ltd (NYSE: EVTL) Could Soon Experience A Sharp Increase In Its Share Price.

In the last trading session, 0.2 million shares of the Vertical Aerospace Ltd (NYSE:EVTL) were traded, and its beta was 1.01. Most recently the company’s share price was $9.29, and it changed around $0.07 or 0.76% from the last close, which brings the market valuation of the company to $646.05M. EVTL currently trades at a discount to its 52-week high of $15.99, offering almost -72.12% off that amount. The share price’s 52-week low was $3.55, which indicates that the current value has risen by an impressive 61.79% since then. We note from Vertical Aerospace Ltd’s average daily trading volume that its 10-day average is 0.3 million shares, with the 3-month average coming to 203.70K.

Vertical Aerospace Ltd stock received a consensus recommendation rating of Buy, based on a mean score of 2.50. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended EVTL as a Hold, whereas 2 deemed it a Buy, and 1 rated it as Underweight.

Vertical Aerospace Ltd (NYSE:EVTL) trade information

Instantly EVTL has showed a green trend with a performance of 0.76% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 10.65 on recent trading dayincreased the stock’s daily price by 12.77%. The company’s shares are currently down -26.15% year-to-date, but still up 2.54% over the last five days. On the other hand, Vertical Aerospace Ltd (NYSE:EVTL) is 10.46% up in the 30-day period. We can see from the shorts that 0.15 million shares have been sold at a short interest cover period of 1.01 day(s).

The consensus price target as assigned by Wall Street analysts is $1.5, which translates to bulls needing to decrease their stock price by -519.33% from its current value. Analyst projections state that EVTL is forecast to be at a low of $1.5 and a high of $15.

Vertical Aerospace Ltd (EVTL) estimates and forecasts

Vertical Aerospace Ltd share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 3.83 percent over the past six months and at a -11.54% annual growth rate that is well below the industry average of 14.40%.

EVTL Dividends

Vertical Aerospace Ltd’s next quarterly earnings report is expected to be released in February.

GROUP ONE TRADING, L.P., with 0.026% or 49681.0 shares worth $36506.0 as of 2024-06-30, holds the second largest percentage of outstanding shares.