Vision Marine Technologies Inc (NASDAQ:VMAR) shares, rose in value, with the stock price down by -3.94% to the previous day’s close as strong demand from buyers drove the stock to $0.59.
Actively observing the price movement in the recent trading, the stock is buoying the session at $0.62, falling within a range of $0.55 and $0.627. The value of beta (5-year monthly) is -0.037. Referring to stock’s 52-week performance, its high was $103.95, and the low was $0.57. On the whole, VMAR has fluctuated by -18.66% over the past month.
With the market capitalization of Vision Marine Technologies Inc currently standing at about $5.81 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Jan-12.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that VMAR’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of VMAR currently trading nearly -7.71% and -42.05% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 34.09, while the 7-day volatility ratio is showing 5.68% which for the 30-day chart, stands at 9.64%. Furthermore, Vision Marine Technologies Inc (VMAR)’s beta value is 0.01, and its average true range (ATR) is 0.08.
A comparison of Vision Marine Technologies Inc (VMAR) with its peers suggests the former has fared considerably weaker in the market. VMAR showed an intraday change of -3.94% in today’s session so far, and over the past year, it shrunk by -99.27%%.
Data on historical trading for Vision Marine Technologies Inc (NASDAQ:VMAR) indicates that the trading volumes over the past 10 days have averaged 0.18 and over the past 3 months, they’ve averaged 5.62 million. According to company’s latest data on outstanding shares, there are 9.78 million shares outstanding.
Nearly 1.28% of Vision Marine Technologies Inc’s shares belong to company insiders and institutional investors own 0.18% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.19 million shares as on 2025-03-14, resulting in a short ratio of 0.07. According to the data, the short interest in Vision Marine Technologies Inc (VMAR) stood at 196.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 0.21 million. The stock has fallen by -62.60% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the VMAR stock heading into the next quarter.
