With 10.08 million shares changed hands, the volume of the stock remained heavier than its average volume of 9.17 million shares. The 52-week range on SPCE shows that it touched its highest point at $6.17 and its lowest point at $1.18 during that stretch. It currently has a 1-year price target of $2.61. Beta for the stock currently stands at 1.62.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SPCE was down-trending over the past week, with a drop of -10.69%, but this was down by -31.98% over a month. Three-month performance dropped to -50.21% while six-month performance fell -30.36%. The stock lost -62.86% in the past year, while it has lost -52.24% so far this year. A look at the trailing 12-month EPS for SPCE yields -1.57 with Next year EPS estimates of -0.74. For the next quarter, that number is -0.29. This implies an EPS growth rate of 33.89% for this year and 24.96% for next year. EPS is expected to grow by 19.40% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -15.87%.
Float and Shares Shorts:
At present, 399.91 million SPCE shares are outstanding with a float of 364.69 million shares on hand for trading. On Mar 15, 2024, short shares totaled 84.71 million, which was 21.18% higher than short shares on Feb 15, 2024. In addition to Mr. Michael A. Colglazier as the firm’s CEO, President & Director, Mr. Douglas T. Ahrens serves as its Executive VP, CFO & Treasurer.
Institutional Ownership:
Through their ownership of 39.26% of SPCE’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SPCE since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.