Virgin Galactic Holdings Inc (NYSE:SPCE) price on current trading day, rose 15.34% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $4.36.
A look at the stock’s price movement, the close in the last trading session was $3.78, moving within a range at $3.82 and $4.429. The beta value (5-Year monthly) was 2.163. Turning to its 52-week performance, $30.60 and $2.85 were the 52-week high and 52-week low respectively. Overall, SPCE moved -4.39% over the past month.
Virgin Galactic Holdings Inc’s market cap currently stands at around $154.91 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-25.
The average forecast suggests down to a -86.57% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 1.46M, representing a -79.30% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that SPCE is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
9 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 4 analyst(s) rate the stock as a Hold, 3 recommend SPCE as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 2 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
SPCE’s current price about 19.91% and -1.59% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 60.48, while 7-day volatility ratio is 10.82% and 9.34% in the 30-day chart. Further, Virgin Galactic Holdings Inc (SPCE) has a beta value of 2.01, and an average true range (ATR) of 0.34. Analysts have given the company’s stock an average 52-week price target of $4, forecast between a low of $3 and high of $10. Looking at the price targets, the low is 31.19% off current price level while to achieve the yearly target high, price needs to move -129.36%. Nonetheless, investors will most likely welcome a 8.26% jump to $4 which is the analysts’ median price.
If we refocus on Virgin Galactic Holdings Inc (NYSE:SPCE), historical trading data shows that trading volumes averaged 2.51 over the past 10 days and 1.82 million over the past 3 months. The company’s latest data on shares outstanding shows there are 35.53 million shares.
The 4.95% of Virgin Galactic Holdings Inc’s shares are in the hands of company insiders while institutional holders own 37.46% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 10.73 million on 2025-02-28, giving us a short ratio of 6.71. The data shows that as of 2025-02-28 short interest in Virgin Galactic Holdings Inc (SPCE) stood at 3025.0 of shares outstanding, with shares short rising to 9.72 million registered in 2025-01-31. Current price change has pushed the stock -25.85% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the SPCE stock continues to rise going into the next quarter.
