Volta Inc. (NYSE:VLTA) went down by -3.14% from its latest closing price compared to the recent 1-year high of $14.34. The company’s stock price has collected 16.51% of gains in the last five trading sessions. The Wall Street Journal reported on 08/25/22 that EV Charging-Station Operators Set to Battle for Ad Dollars
Is It Worth Investing in Volta Inc. (NYSE :VLTA) Right Now?
Opinions of the stock are interesting as 1 analysts out of 7 who provided ratings for Volta Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 4 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $3.50, which is $0.91 above the current price. VLTA currently public float of 112.54M and currently shorts hold a 16.39% ratio of that float. Today, the average trading volume of VLTA was 3.59M shares.
VLTA’s Market Performance
VLTA stocks went up by 16.51% for the week, with a monthly drop of -7.14% and a quarterly performance of 64.67%, while its annual performance rate touched -80.18%. The volatility ratio for the week stands at 9.30% while the volatility levels for the past 30 days are set at 8.54% for Volta Inc. The simple moving average for the period of the last 20 days is 13.20% for VLTA stocks with a simple moving average of -33.09% for the last 200 days.
Analysts’ Opinion of VLTA
Many brokerage firms have already submitted their reports for VLTA stocks, with ROTH Capital repeating the rating for VLTA by listing it as a “Neutral.” The predicted price for VLTA in the upcoming period, according to ROTH Capital is $2.50 based on the research report published on August 09th of the current year 2022.
Barclays, on the other hand, stated in their research note that they expect to see VLTA reach a price target of $2. The rating they have provided for VLTA stocks is “Equal Weight” according to the report published on August 05th, 2022.
Cantor Fitzgerald gave a rating of “Neutral” to VLTA, setting the target price at $4 in the report published on June 13th of the current year.
VLTA Trading at 17.42% 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 -82.78% of loss for the given period.
Volatility was left at 8.54%, however, over the last 30 days, the volatility rate increased by 9.30%, as shares surge +1.65% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +49.70% upper at present.
During the last 5 trading sessions, VLTA rose by +16.51%, which changed the moving average for the period of 200-days by -75.28% in comparison to the 20-day moving average, which settled at $2.18. In addition, Volta Inc. saw -66.35% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for VLTA
Current profitability levels for the company are sitting at:
- -824.20 for the present operating margin
- -10.98 for the gross margin
The net margin for Volta Inc. stands at -856.04. Equity return is now at value -106.30, with -59.90 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 3.11.