The stock of Velo3D Inc (VLD) has seen a -4.13% decrease in the past week, with a -53.69% drop in the past month, and a -10.09% decrease in the past quarter. The volatility ratio for the week is 14.71%, and the volatility levels for the past 30 days are at 13.23% for VLD. The simple moving average for the past 20 days is -22.41% for VLD’s stock, with a -75.12% simple moving average for the past 200 days.
Is It Worth Investing in Velo3D Inc (NYSE: VLD) Right Now?
The 36-month beta value for VLD is at 2.29. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for VLD is 159.36M, and currently, shorts hold a 13.36% of that float. The average trading volume for VLD on May 06, 2024 was 6.87M shares.
VLD) stock’s latest price update
Velo3D Inc (NYSE: VLD) has seen a decline in its stock price by 0.00 in relation to its previous close of 0.23. However, the company has experienced a -4.13% decline in its stock price over the last five trading sessions. InvestorPlace reported 2024-04-10 that Velo3D (NYSE: VLD ) stock is dropping on Wednesday after the metal 3D printing company announced plans for a proposed public offering of its shares. Investors will note that Velo3D doesn’t have the fine details of the public offering ready just yet.
Analysts’ Opinion of VLD
Many brokerage firms have already submitted their reports for VLD stocks, with Credit Suisse repeating the rating for VLD by listing it as a “Neutral.” The predicted price for VLD in the upcoming period, according to Credit Suisse is $5.40 based on the research report published on August 17, 2022 of the previous year 2022.
BofA Securities, on the other hand, stated in their research note that they expect to see VLD reach a price target of $7. The rating they have provided for VLD stocks is “Underperform” according to the report published on March 04th, 2022.
Needham gave a rating of “Buy” to VLD, setting the target price at $15 in the report published on October 26th of the previous year.
VLD Trading at -34.78% from the 50-Day Moving Average
After a stumble in the market that brought VLD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -90.80% of loss for the given period.
Volatility was left at 13.23%, however, over the last 30 days, the volatility rate increased by 14.71%, as shares sank -50.47% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -14.59% lower at present.
During the last 5 trading sessions, VLD fell by -4.13%, which changed the moving average for the period of 200-days by -90.76% in comparison to the 20-day moving average, which settled at $0.2847. In addition, Velo3D Inc saw -42.15% 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 VLD starting from Kreger Bradley Allen, who sale 13,604 shares at the price of $0.27 back on Apr 18 ’24. After this action, Kreger Bradley Allen now owns 195,003 shares of Velo3D Inc, valued at $3,725 using the latest closing price.
Buller Benyamin, the Director of Velo3D Inc, sale 2,000 shares at $0.43 during a trade that took place back on Mar 28 ’24, which means that Buller Benyamin is holding 5,020,706 shares at $864 based on the most recent closing price.
Stock Fundamentals for VLD
Current profitability levels for the company are sitting at:
- -1.69 for the present operating margin
- -0.3 for the gross margin
The net margin for Velo3D Inc stands at -1.85. The total capital return value is set at -1.26. Equity return is now at value -127.11, with -70.17 for asset returns.
Based on Velo3D Inc (VLD), the company’s capital structure generated 0.34 points at debt to capital in total, while cash flow to debt ratio is standing at -2.98. The debt to equity ratio resting at 0.52. The interest coverage ratio of the stock is -13.6.
Currently, EBITDA for the company is -123.94 million with net debt to EBITDA at -0.17. When we switch over and look at the enterprise to sales, we see a ratio of 1.14. The receivables turnover for the company is 3.53for trailing twelve months and the total asset turnover is 0.51. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.43.
Conclusion
In conclusion, Velo3D Inc (VLD) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
