(VIANEWS) – Shares of Virgin Galactic (NYSE: SPCE) rose by a staggering 27.17% in 21 sessions from $3.46 to $4.40 at 23:47 EST on Wednesday, after five successive sessions in a row of gains. NYSE is sliding 0.16% to $15,642.73, following the last session’s downward trend.
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.
Earnings Per Share
As for profitability, Virgin Galactic has a trailing twelve months EPS of $-2.2.
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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