Vision Marine Technologies Inc (NASDAQ: VMAR)’s stock price has gone decline by -10.00 in comparison to its previous close of 2.70, however, the company has experienced a -12.59% decrease in its stock price over the last five trading days. accesswire.com reported 2024-11-20 that MONTREAL, QC / ACCESSWIRE / November 20, 2024 / Vision Marine Technologies Inc. (NASDAQ:VMAR), a pioneer in electric marine propulsion, is excited to announce its participation in the grand opening of Aileron. The grand opening marks a launch sale event for the prestigious residential project on Thursday, November 21, 2024, at 5 PM, at the Aileron Sales Centre, 50 South Bryan Road, Dania Beach Florida.
Is It Worth Investing in Vision Marine Technologies Inc (NASDAQ: VMAR) Right Now?
The stock has a 36-month beta value of -0.08. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for VMAR is 0.67M, and at present, short sellers hold a 3.53% of that float. On November 26, 2024, the average trading volume of VMAR was 608.58K shares.
VMAR’s Market Performance
VMAR’s stock has seen a -12.59% decrease for the week, with a -38.48% drop in the past month and a -90.82% fall in the past quarter. The volatility ratio for the week is 11.80%, and the volatility levels for the past 30 days are at 10.99% for Vision Marine Technologies Inc The simple moving average for the past 20 days is -19.93% for VMAR’s stock, with a -95.64% simple moving average for the past 200 days.
VMAR Trading at -38.82% 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 -99.05% of loss for the given period.
Volatility was left at 10.99%, however, over the last 30 days, the volatility rate increased by 11.80%, as shares sank -36.39% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -66.09% lower at present.
During the last 5 trading sessions, VMAR fell by -12.59%, which changed the moving average for the period of 200-days by -97.73% in comparison to the 20-day moving average, which settled at $3.04. In addition, Vision Marine Technologies Inc saw -98.35% 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:
- -2.92 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 -0.99. 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 0.05 points at debt to capital in total, while cash flow to debt ratio is standing at -68.96. The debt to equity ratio resting at 0.05. The interest coverage ratio of the stock is -67.6.
Currently, EBITDA for the company is -19.96 million with net debt to EBITDA at -0.09. When we switch over and look at the enterprise to sales, we see a ratio of 0.96. The receivables turnover for the company is 453.52for 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
To sum up, Vision Marine Technologies Inc (VMAR) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing 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.
