Volta Inc. (NYSE:VLTA) went up by 3.03% from its latest closing price compared to the recent 1-year high of $14.34. The company’s stock price has collected 3.03% of gains in the last five trading sessions.
Is It Worth Investing in Volta Inc. (NYSE :VLTA) Right Now?
The average price from analysts is $4.29, which is $2.59 above the current price. VLTA currently public float of 86.53M and currently shorts hold a 19.38% ratio of that float. Today, the average trading volume of VLTA was 3.91M shares.
VLTA’s Market Performance
VLTA stocks went up by 3.03% for the week, with a monthly drop of -24.44% and a quarterly performance of -58.74%, while its annual performance rate touched -83.02%. The volatility ratio for the week stands at 11.21% while the volatility levels for the past 30 days are set at 10.07% for Volta Inc. The simple moving average for the period of the last 20 days is -20.63% for VLTA stocks with a simple moving average of -71.93% for the last 200 days.
Analysts’ Opinion of VLTA
Many brokerage firms have already submitted their reports for VLTA stocks, with Cantor Fitzgerald repeating the rating for VLTA by listing it as a “Neutral.” The predicted price for VLTA in the upcoming period, according to Cantor Fitzgerald is $4 based on the research report published on June 13th of the current year 2022.
Goldman, on the other hand, stated in their research note that they expect to see VLTA reach a price target of $2, previously predicting the price at $3. The rating they have provided for VLTA stocks is “Sell” according to the report published on April 20th, 2022.
DA Davidson gave a rating of “Neutral” to VLTA, setting the target price at $5 in the report published on March 28th of the current year.
VLTA Trading at -24.69% from the 50-Day Moving Average
After a stumble in the market that brought VLTA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -88.15% of loss for the given period.
Volatility was left at 10.07%, however, over the last 30 days, the volatility rate increased by 11.21%, as shares sank -20.93% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -45.16% lower at present.
During the last 5 trading sessions, VLTA rose by +3.03%, which changed the moving average for the period of 200-days by -80.79% in comparison to the 20-day moving average, which settled at $2.1195. In addition, Volta Inc. saw -76.84% in overturn over a single year, with a tendency to cut further losses.