The stock of Vision Marine Technologies Inc (VMAR) has gone down by -16.42% for the week, with a -83.59% drop in the past month and a -92.21% drop in the past quarter. The volatility ratio for the week is 16.79%, and the volatility levels for the past 30 days are 36.43% for VMAR. The simple moving average for the past 20 days is -64.94% for VMAR’s stock, with a -93.78% simple moving average for the past 200 days.
Is It Worth Investing in Vision Marine Technologies Inc (NASDAQ: VMAR) Right Now?
The 36-month beta value for VMAR is also noteworthy at -0.05. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
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The public float for VMAR is 1.67M, and at present, short sellers hold a 2.52% of that float. The average trading volume of VMAR on September 25, 2024 was 897.02K shares.
VMAR) stock’s latest price update
Vision Marine Technologies Inc (NASDAQ: VMAR)’s stock price has gone decline by -11.22 in comparison to its previous close of 0.66, however, the company has experienced a -16.42% decrease in its stock price over the last five trading days. accesswire.com reported 2024-09-23 that The Most Efficient and Powerful Inboard Electric Motor System on the Market MONTREAL, QC / ACCESSWIRE / September 23, 2024 / Vision Marine Technologies Inc. (NASDAQ:VMAR), a pioneer in electric marine propulsion, is excited to announce the launch of its revolutionary E-Motion™ 180e Inboard electric motor system. Delivering an impressive continuous 180hp at the propeller, this new system opens an important market segment for Vision Marine, significantly expanding the range of vessels that can benefit from its advanced electric propulsion technology.
VMAR Trading at -86.52% 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 -98.75% of loss for the given period.
Volatility was left at 36.43%, however, over the last 30 days, the volatility rate increased by 16.79%, as shares sank -81.91% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -91.80% lower at present.
During the last 5 trading sessions, VMAR fell by -16.42%, which changed the moving average for the period of 200-days by -97.31% in comparison to the 20-day moving average, which settled at $1.5340. In addition, Vision Marine Technologies Inc saw -96.43% 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:
- -2.96 for the present operating margin
- 0.4 for the gross margin
The net margin for Vision Marine Technologies Inc stands at -3.29. The total capital return value is set at -1.01. Equity return is now at value -185.92, with -76.29 for asset returns.
Based on Vision Marine Technologies Inc (VMAR), the company’s capital structure generated 0.29 points at debt to capital in total, while cash flow to debt ratio is standing at -8.95. The debt to equity ratio resting at 0.41. The interest coverage ratio of the stock is -98.87.
Currently, EBITDA for the company is -19.67 million with net debt to EBITDA at -0.1. 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 11.34for trailing twelve months and the total asset turnover is 0.26. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.24.
Conclusion
In summary, Vision Marine Technologies Inc (VMAR) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others 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.
