The stock price of Virgin Galactic Holdings Inc (NYSE: SPCE) has dropped by -1.67 compared to previous close of 5.98. Despite this, the company has seen a fall of -3.92% in its stock price over the last five trading days. businesswire.com reported 2024-12-13 that ORANGE COUNTY, Calif.–(BUSINESS WIRE)–Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic”) announced that the Compensation Committee of Virgin Galactic’s Board of Directors approved the grants of time-based inducement restricted stock unit awards covering an aggregate of 4,259 shares of Virgin Galactic common stock to two new non-executive employees, each effective December 15, 2024. The awards were granted under Virgin Galactic’s 2023 Employment Inducement Incentive Award Plan, wh.
Is It Worth Investing in Virgin Galactic Holdings Inc (NYSE: SPCE) Right Now?
The stock has a 36-month beta value of 1.71. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 0 as “overweight,” 4 as “hold,” and 2 as “sell.”
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The public float for SPCE is 27.11M, and at present, short sellers hold a 28.00% of that float. On January 01, 2025, the average trading volume of SPCE was 1.74M shares.
SPCE’s Market Performance
SPCE stock saw a decrease of -3.92% in the past week, with a monthly decline of -19.45% and a quarterly a decrease of 0.68%. The volatility ratio for the week is 7.03%, and the volatility levels for the last 30 days are 6.45% for Virgin Galactic Holdings Inc (SPCE). The simple moving average for the last 20 days is -7.42% for SPCE’s stock, with a simple moving average of -47.78% for the last 200 days.
Analysts’ Opinion of SPCE
Many brokerage firms have already submitted their reports for SPCE stocks, with Truist repeating the rating for SPCE by listing it as a “Hold.” The predicted price for SPCE in the upcoming period, according to Truist is $3 based on the research report published on January 10, 2024 of the previous year 2024.
Morgan Stanley, on the other hand, stated in their research note that they expect to see SPCE reach a price target of $1.75, previously predicting the price at $4. The rating they have provided for SPCE stocks is “Underweight” according to the report published on November 22nd, 2023.
Alembic Global Advisors gave a rating of “Neutral” to SPCE, setting the target price at $4.75 in the report published on June 14th of the previous year.
SPCE Trading at -12.53% from the 50-Day Moving Average
After a stumble in the market that brought SPCE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -88.43% of loss for the given period.
Volatility was left at 6.45%, however, over the last 30 days, the volatility rate increased by 7.03%, as shares sank -16.24% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -23.74% lower at present.
During the last 5 trading sessions, SPCE fell by -3.92%, which changed the moving average for the period of 200-days by -82.29% in comparison to the 20-day moving average, which settled at $6.35. In addition, Virgin Galactic Holdings Inc saw -88.00% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for SPCE
Current profitability levels for the company are sitting at:
- -43.43 for the present operating margin
- -9.73 for the gross margin
The net margin for Virgin Galactic Holdings Inc stands at -39.75. The total capital return value is set at -0.48. Equity return is now at value -77.55, with -32.77 for asset returns.
Based on Virgin Galactic Holdings Inc (SPCE), the company’s capital structure generated 0.53 points at debt to capital in total, while cash flow to debt ratio is standing at -0.87. The debt to equity ratio resting at 1.15. The interest coverage ratio of the stock is -31.67.
Currently, EBITDA for the company is -475.64 million with net debt to EBITDA at -0.71. When we switch over and look at the enterprise to sales, we see a ratio of 44.28. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.52.
Conclusion
To sum up, Virgin Galactic Holdings Inc (SPCE) 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.
