Velodyne Lidar Inc. (NASDAQ:VLDR) went down by -2.47% from its latest closing price compared to the recent 1-year high of $12.79. The company’s stock price has collected -22.17% of loss in the last five trading sessions. Barron’s reported on 02/08/22 that Amazon Deal Has Shares of Lidar Maker Velodyne Soaring
Is It Worth Investing in Velodyne Lidar Inc. (NASDAQ :VLDR) Right Now?
Plus, the 36-month beta value for VLDR is at 1.01. Opinions of the stock are interesting as 2 analysts out of 8 who provided ratings for Velodyne Lidar Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 4 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $3.63, which is $2.04 above the current price. VLDR currently public float of 155.51M and currently shorts hold a 6.23% ratio of that float. Today, the average trading volume of VLDR was 5.72M shares.
VLDR’s Market Performance
VLDR stocks went down by -22.17% for the week, with a monthly drop of -27.52% and a quarterly performance of -60.89%, while its annual performance rate touched -86.40%. The volatility ratio for the week stands at 10.45% while the volatility levels for the past 30 days are set at 8.07% for Velodyne Lidar Inc.. The simple moving average for the period of the last 20 days is -20.60% for VLDR stocks with a simple moving average of -67.56% for the last 200 days.
Analysts’ Opinion of VLDR
Many brokerage firms have already submitted their reports for VLDR stocks, with Craig Hallum repeating the rating for VLDR by listing it as a “Sell.” The predicted price for VLDR in the upcoming period, according to Craig Hallum is $2.50 based on the research report published on March 01st of the current year 2022.
Citigroup, on the other hand, stated in their research note that they expect to see VLDR reach a price target of $8, previously predicting the price at $17. The rating they have provided for VLDR stocks is “Neutral” according to the report published on November 09th, 2021.
Robert W. Baird gave a rating of “Neutral” to VLDR, setting the target price at $10 in the report published on July 20th of the previous year.
VLDR Trading at -31.25% from the 50-Day Moving Average
After a stumble in the market that brought VLDR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -87.65% of loss for the given period.
Volatility was left at 8.07%, however, over the last 30 days, the volatility rate increased by 10.45%, as shares sank -28.18% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -57.18% lower at present.
During the last 5 trading sessions, VLDR fell by -22.17%, which changed the moving average for the period of 200-days by -80.05% in comparison to the 20-day moving average, which settled at $1.9590. In addition, Velodyne Lidar Inc. saw -65.95% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at VLDR starting from BOULET VIRGINIA, who purchase 40,000 shares at the price of $1.63 back on May 10. After this action, BOULET VIRGINIA now owns 102,000 shares of Velodyne Lidar Inc., valued at $65,184 using the latest closing price.
McBeath Kathryn, the Chief People Officer of Velodyne Lidar Inc., sale 1,328 shares at $2.13 during a trade that took place back on Apr 14, which means that McBeath Kathryn is holding 539,740 shares at $2,829 based on the most recent closing price.
Stock Fundamentals for VLDR
Current profitability levels for the company are sitting at:
- -358.68 for the present operating margin
- -9.55 for the gross margin
The net margin for Velodyne Lidar Inc. stands at -342.74. Equity return is now at value -70.40, with -57.00 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 6.95.