Virgin Galactic Holdings Inc (NYSE:SPCE) currently has a daily average trading volume of 4.92M but it saw 6099669 shares traded in last market. With a market cap of 132.21M USD, the company’s current market price of $3.18 came falling about -7.02 while comparing to the previous closing price of $3.42. In past 52 weeks, the stock remained buoying in the range of price level as high as $18.60 and as low as $2.18.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Truist which upgraded the stock as “Hold” in its note to investors issued on January 10, 2024, recommending a price target of between $1 and $3 for it. Morgan Stanley downgraded its recommendation for the stock as a “Underweight” from “Equal-Weight” on November 22, 2023 while assigning a price target range of $4-$1.75. Alembic Global Advisors also issued its recommendations for the stock as it upgraded the price target for the stock is $4.75.
Over the week, SPCE’s stock price is moving -5.64% down while it is 0.63% when we observe its performance for the past one month. Year-to-date it is -45.92% down and over the past year, the stock is showing a downside performance of -81.20%.
Currently, Virgin Galactic Holdings Inc’s total number of outstanding shares is 41.57M. Company’s return on investment (ROI) stands at -43.39% and return on equity (ROE) at -95.46%. Stock’s beta reads 2.15. Stock has a price to book (P/B) ratio of 0.47 while price to sale or P/S ratio amounts to 23.99. Its return on asset (ROA) is -33.22% on average.
