Velodyne Lidar, Inc. (NASDAQ:VLDR) concluded the trading on Thursday, Oct 15, with a fall of -0.83% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $16.96 and 5Y monthly beta was reading 0 with its price kept floating in the range of $16.16 and $16.90 on the day. Company’s P/E ratio for the trailing 12 months is 0. Considering stock’s 52-week price range provides that VLDR hit a high price of $32.5 and saw its price falling to a low level of $9.87 during that period. Over a period of past 1-month, stock came losing -35.95% in its value.
In contrast, when we review VLDR stock’s current outlook then short term indicators are assigning it an average of Hold, while medium term indicators are categorizing the stock at an average of 50% Buy. Long term indicators are suggesting an average of 50% Buy for it.
According to ratings assigned by 2 analysts at the scale of 1 to 5 with 1.00 representing a strong buy and 5.00 suggesting a strong sell; none of them are recommending Velodyne Lidar, Inc. (VLDR) as a Hold, while 1 are in view that stock is a Buy. Recommendation by 1 analysts for the stock is an Outperform while number of those analysts who rated the stock as Underperform is none, whereas none of them are considering the stock as a Sell. When taken as whole, stock gets a rating of Overweight and that encourages the investors to exploit the opportunity and build their stake up in the company.
Digging deeper we become aware of the PEG ratio of the VLDR stock which is currently positioned at 0. It further provides that stock’s current price level is -15.14% away from its 20-day simple moving average and is -17.92% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 41.29 while volatility remained at 5.82% over the past week which changes to 11.86% when measuring it over the past month. Beta is valued at 0, while measure of average true range or ATR is currently at 2.32. In predicting price targets of as low as $21 and as high as $28, analysts are in agreement on assigning the stock over the next 12 months average price target of $24.5. Stock’s current price level is 24.85% above from estimated low price target while it is 66.47% below the estimated high; and even if the VLDR’s share succeeded to reach the median price of $24.5, then the outlook of +45.66% could come to the excitement of the investors.
In comparing Velodyne Lidar, Inc. (VLDR)’s stock with other industry players reveals that stock’s latest price change of -0.83% and that of +66.53% over the past 12 months is in competing position with that of Ferrari N.V. (RACE) which saw its stock price raised by 1.05% in the recent trading and went through an increase of 17.41% in past 12-month trading. Industry’s another major player Magna International (MGA) has jumped 1.35% up in latest trading session, but over the past year has faced a fall of -2.1%, while Borgwarner Inc (BWA) is also down -0.83% however its price remained floating in the green at 66.53% over the same period. Velodyne Lidar, Inc. has a P/E ratio of 0 against that of Ferrari N.V.’s 41.85 while Magna International is showing 0 for the same. On the other hand, the S&P 500 Index was down -0.15% in the early deals while the Dow Jones Industrial was dealing lower at -0.07%.