(VIANEWS) – Shares of Virgin Galactic (NYSE: SPCE) rose by a staggering 24.1% in 10 sessions from $4.98 to $6.18 at 13:52 EST on Friday, after two sequential sessions in a row of losses. NYSE is dropping 0.7% to $15,763.22, after three successive sessions in a row of losses.
Virgin Galactic’s last close was $5.98, 77.43% under its 52-week high of $26.50.
About Virgin Galactic
Virgin Galactic Holdings, Inc. focuses on the development, manufacture, and operation of spaceships and related technologies for conducting commercial human spaceflight and flying commercial research and development payloads into space. It is also involved in the ground and flight testing, and post-flight maintenance of its spaceflight system vehicles. The company serves private individuals, researchers, and government agencies. Virgin Galactic Holdings, Inc. was founded in 2017 is headquartered in Las Cruces, New Mexico. Virgin Galactic Holdings, Inc. was a former subsidiary of Virgin Orbit Holdings, Inc.
Earnings Per Share
As for profitability, Virgin Galactic has a trailing twelve months EPS of $-1.55.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -53.97%.
Volume
Today’s last reported volume for Virgin Galactic is 7634249 which is 15.96% below its average volume of 8578420.
Sales Growth
Virgin Galactic’s sales growth is negative 89.5% for the present quarter and negative 48.1% for the next.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Virgin Galactic’s stock is considered to be oversold (<=20).
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