Investors Are Waking Up To Vision Marine Technologies Inc (NASDAQ: VMAR) After Losing -99.07% Over The Past 12 Months

Vision Marine Technologies Inc (NASDAQ:VMAR) currently has a daily average trading volume of 746.66K but it saw 6217821 shares traded in last market. With a market cap of 2.24M USD, the company’s current market price of $1.49 came falling about -3.87 while comparing to the previous closing price of $1.55. In past 52 weeks, the stock remained buoying in the range of price level as high as $162.00 and as low as $1.30. In the recent trading on the day, stock has struck highest price mark of $1.47 while lowest mark touched by it was $1.65.

Taking a look at 20-day trading activity of Vision Marine Technologies Inc (VMAR) gives us an average price of $1.7140, while its current price level is -99.08% below from 52-week high level whereas it is 14.62% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $2.6930 while that of 200 days or SMA-200 reads an average of $45.1490. A closer look into the stock’s movement over the week reveals that its volatility is standing at 10.10% during that period while stretching the period over a month that increases to 13.65%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 27.00 which implies that the stock is in oversold territory.

Over the week, VMAR’s stock price is moving -0.68% down while it is -46.30% when we observe its performance for the past one month. Year-to-date it is -99.01% down and over the past year, the stock is showing a downside performance of -99.07%.

Currently, Vision Marine Technologies Inc’s total number of outstanding shares is 1.57M. Company’s return on investment (ROI) stands at -398.34% and return on equity (ROE) at -192.59%. Stock’s beta reads -0.12. Stock has a price to book (P/B) ratio of 0.11 while price to sale or P/S ratio amounts to 0.80. Its return on asset (ROA) is -79.16% on average.