Company’s 36-month beta value is -0.11.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for VMAR is 0.46M, and currently, short sellers hold a 0.20% ratio of that floaft. The average trading volume of VMAR on October 21, 2024 was 180.25K shares.
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VMAR) stock’s latest price update
The stock price of Vision Marine Technologies Inc (NASDAQ: VMAR) has dropped by -8.84 compared to previous close of 4.30. Despite this, the company has seen a gain of 21.74% in its stock price over the last five trading days. accesswire.com reported 2024-10-04 that Vision Marine Announces Reverse Stock Split to Regain Nasdaq Compliance MONTREAL, QC / ACCESSWIRE / October 4, 2024 / Vision Marine Technologies Inc. (the “Company”) (NASDAQ:VMAR), a pioneer in electric marine propulsion, today announced that it has received an extension from the Nasdaq Hearings Panel to continue its listing on the Nasdaq Capital Market. This extension allows the Company additional time to regain compliance with Nasdaq’s continued listing requirements, subject to meeting specific compliance criteria within designated timeframes.
VMAR’s Market Performance
VMAR’s stock has risen by 21.74% in the past week, with a monthly drop of -42.00% and a quarterly drop of -93.40%. The volatility ratio for the week is 28.90% while the volatility levels for the last 30 days are 19.35% for Vision Marine Technologies Inc The simple moving average for the past 20 days is -12.77% for VMAR’s stock, with a -94.35% simple moving average for the past 200 days.
VMAR Trading at -79.15% 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 -98.81% of loss for the given period.
Volatility was left at 19.35%, however, over the last 30 days, the volatility rate increased by 28.90%, as shares sank -38.52% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -92.39% lower at present.
During the last 5 trading sessions, VMAR rose by +21.74%, which changed the moving average for the period of 200-days by -97.13% in comparison to the 20-day moving average, which settled at $4.49. In addition, Vision Marine Technologies Inc saw -97.34% 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 0.93. 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 a nutshell, Vision Marine Technologies Inc (VMAR) has experienced a bad performance in recent times. The stock has received mixed “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.
