Additionally, the 36-month beta value for VMAR is -0.04. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for VMAR is 3.52M and currently, short sellers hold a 2.98% ratio of that float. The average trading volume of VMAR on January 23, 2025 was 5.15M shares.
VMAR) stock’s latest price update
Vision Marine Technologies Inc (NASDAQ: VMAR)’s stock price has gone decline by -10.81 in comparison to its previous close of 1.85, however, the company has experienced a -19.51% decrease in its stock price over the last five trading days. accessnewswire.com reported 2025-01-16 that MONTRÉAL, QC / ACCESS Newswire / January 16, 2025 / Vision Marine Technologies Inc. (the “Company”, “Vision Marine”, “we”, “us”, “our”) (NASDAQ:VMAR), a leading innovator in electric marine propulsion, today announced the closing of its previously announced brokered private placement offering with accredited and institutional investors for the issuance and sale of units consisting of common shares (each a “Common Share”) (or pre-funded warrants (each a “Pre-funded Warrant”) in lieu thereof) together with warrants (each a “Common Warrant”) to purchase one-half of the number of Common Shares (or Pre-funded Warrants) of the Company at a price of US$1.25 per unit, for aggregate gross proceeds of approximately US$5.9 million, before deducting fees and offering expenses. As part of the offering, the Company issued a combination of 4,706,400 Common Shares (or Pre-funded Warrants in lieu thereof), and Common Warrants to purchase 2,353,200 common shares.
VMAR’s Market Performance
Vision Marine Technologies Inc (VMAR) has seen a -19.51% fall in stock performance for the week, with a 10.00% gain in the past month and a -54.79% plunge in the past quarter. The volatility ratio for the week is 17.00%, and the volatility levels for the past 30 days are at 15.73% for VMAR. The simple moving average for the last 20 days is -1.64% for VMAR’s stock, with a simple moving average of -95.63% for the last 200 days.
VMAR Trading at -16.83% 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 -98.79% of loss for the given period.
Volatility was left at 15.73%, however, over the last 30 days, the volatility rate increased by 17.00%, as shares surge +8.77% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -45.80% lower at present.
During the last 5 trading sessions, VMAR fell by -20.95%, which changed the moving average for the period of 200-days by -98.18% in comparison to the 20-day moving average, which settled at $1.6760. In addition, Vision Marine Technologies Inc saw 3.77% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for VMAR
Current profitability levels for the company are sitting at:
- -1.2 for the present operating margin
- 0.43 for the gross margin
The net margin for Vision Marine Technologies Inc stands at -3.45. The total capital return value is set at -0.6. Equity return is now at value -145.28, with -93.36 for asset returns.
Based on Vision Marine Technologies Inc (VMAR), the company’s capital structure generated 0.07 points at debt to capital in total, while cash flow to debt ratio is standing at -19.06. The debt to equity ratio resting at 0.08. The interest coverage ratio of the stock is -23.09.
Currently, EBITDA for the company is -13.04 million with net debt to EBITDA at 0.03. When we switch over and look at the enterprise to sales, we see a ratio of 1.73. The receivables turnover for the company is 18.9for trailing twelve months and the total asset turnover is 0.36. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.88.
Conclusion
In conclusion, Vision Marine Technologies Inc (VMAR) has seen mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it 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.
