The stock of Vision Marine Technologies Inc (VMAR) has gone up by 26.23% for the week, with a 27.80% rise in the past month and a -1.91% drop in the past quarter. The volatility ratio for the week is 14.06%, and the volatility levels for the past 30 days are 11.32% for VMAR. The simple moving average for the past 20 days is 30.16% for VMAR’s stock, with a -55.81% simple moving average for the past 200 days.
Is It Worth Investing in Vision Marine Technologies Inc (NASDAQ: VMAR) Right Now?
Moreover, the 36-month beta value for VMAR is -0.02. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for VMAR is 1.81M and currently, short sellers hold a 15.18% of that float. On May 10, 2024, VMAR’s average trading volume was 65.95K shares.
VMAR) stock’s latest price update
The stock of Vision Marine Technologies Inc (NASDAQ: VMAR) has increased by 16.00 when compared to last closing price of 0.66.Despite this, the company has seen a gain of 26.23% in its stock price over the last five trading days. Zacks Investment Research reported 2024-01-15 that Vision Marine Technologies Inc. (VMAR) came out with a quarterly loss of $0.19 per share versus the Zacks Consensus Estimate of a loss of $0.23. This compares to loss of $0.60 per share a year ago.
VMAR Trading at 21.15% from the 50-Day Moving Average
After a stumble in the market that brought VMAR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -86.25% of loss for the given period.
Volatility was left at 11.32%, however, over the last 30 days, the volatility rate increased by 14.06%, as shares surge +27.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.75% lower at present.
During the last 5 trading sessions, VMAR rose by +26.23%, which changed the moving average for the period of 200-days by -79.79% in comparison to the 20-day moving average, which settled at $0.5999. In addition, Vision Marine Technologies Inc saw -29.36% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for VMAR
Current profitability levels for the company are sitting at:
- -2.97 for the present operating margin
- 0.4 for the gross margin
The net margin for Vision Marine Technologies Inc stands at -2.88. The total capital return value is set at -0.93. Equity return is now at value -152.13, with -66.38 for asset returns.
Based on Vision Marine Technologies Inc (VMAR), the company’s capital structure generated 0.31 points at debt to capital in total, while cash flow to debt ratio is standing at -5.7. The debt to equity ratio resting at 0.46. The interest coverage ratio of the stock is -96.14.
Currently, EBITDA for the company is -19.67 million with net debt to EBITDA at -0.12. When we switch over and look at the enterprise to sales, we see a ratio of 2.84. The receivables turnover for the company is 10.76for trailing twelve months and the total asset turnover is 0.24. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.05.
Conclusion
To wrap up, the performance of Vision Marine Technologies Inc (VMAR) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.
