There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The average price predicted by analysts for VIEW is $3.00, The public float for VIEW is 184.07M and currently, short sellers hold a 4.53% ratio of that float. The average trading volume of VIEW on May 26, 2023 was 736.87K shares.
Top 5 EV Tech Stocks to Buy for 2023
According a new report published by BloombergNEF on investment in the energy transition, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now.
Click Here to Download the FREE Report.
Sponsored
VIEW) stock’s latest price update
The stock price of View Inc. (NASDAQ: VIEW) has surged by 2.58 when compared to previous closing price of 0.22, but the company has seen a -3.80% decline in its stock price over the last five trading sessions.
VIEW’s Market Performance
VIEW’s stock has fallen by -3.80% in the past week, with a monthly drop of -28.35% and a quarterly drop of -63.91%. The volatility ratio for the week is 14.16% while the volatility levels for the last 30 days are 14.18% for View Inc. The simple moving average for the past 20 days is -10.40% for VIEW’s stock, with a -77.19% simple moving average for the past 200 days.
VIEW Trading at -38.40% from the 50-Day Moving Average
After a stumble in the market that brought VIEW to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -91.60% of loss for the given period.
Volatility was left at 14.18%, however, over the last 30 days, the volatility rate increased by 14.16%, as shares sank -34.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -59.61% lower at present.
During the last 5 trading sessions, VIEW fell by -3.80%, which changed the moving average for the period of 200-days by -90.03% in comparison to the 20-day moving average, which settled at $0.2509. In addition, View Inc. saw -76.14% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at VIEW starting from Mulpuri Rao, who purchase 47,468 shares at the price of $0.24 back on May 19. After this action, Mulpuri Rao now owns 392,943 shares of View Inc., valued at $11,392 using the latest closing price.
Mulpuri Rao, the Chief Executive Officer of View Inc., purchase 64,127 shares at $0.24 during a trade that took place back on May 18, which means that Mulpuri Rao is holding 345,475 shares at $15,390 based on the most recent closing price.
Stock Fundamentals for VIEW
Equity return is now at value -124.00, with -60.70 for asset returns.
Conclusion
In conclusion, View Inc. (VIEW) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
