Virgin Galactic Holdings Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $86.40 on 07/31/23, while the lowest value for the same period was recorded at $7.76 on 07/05/24.
52-week price history of SPCE Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Virgin Galactic Holdings Inc’s current trading price is -90.50% away from its 52-week high, while its distance from the 52-week low is 5.80%. The stock’s price range during this period has spanned from $7.76 to $86.40. In the Industrials sector, the Virgin Galactic Holdings Inc’s shares surpassed a trading volume of approximately 1.45 million for the day, which was noticeably lower compared to the average daily volume of 9.1.71 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
Virgin Galactic Holdings Inc (SPCE) has experienced a quarterly decline of -67.42% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 168.88M and boasts a workforce of 805 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 22.65, with a change in price of -27.63. Similarly, Virgin Galactic Holdings Inc recorded 1,270,176 in trading volume during the last 100 days, posting a change of -77.17%.
Examining SPCE’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for SPCE stands at 1.18. Similarly, the long-term debt-to-equity ratio is also 1.17.
SPCE Stock Stochastic Average
Today’s raw stochastic average for Virgin Galactic Holdings Inc over the last 50 days is 3.07%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 5.73%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 2.59% and 1.74%, respectively.
SPCE Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a loss of -83.24%.However, over the last six months, we can see a stronger performance of -82.23%. Over the last 30 days, the price of SPCE has leaped by -52.54%. And in the last five days, it has fallen by -6.17%.