Virgin Galactic Stock Over 21% Down In The Last 10 Sessions

(VIANEWS) – Shares of Virgin Galactic (NYSE: SPCE) slid by a staggering 21.04% in 10 sessions from $4.04 to $3.19 at 14:43 EST on Wednesday, after five successive sessions in a row of losses. NYSE is dropping 0.24% to $15,337.67, following the last session’s downward trend.

Virgin Galactic’s last close was $3.43, 69.51% below its 52-week high of $11.25.

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 $-1.552.

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 -54.33%.

Moving Average

Virgin Galactic’s worth is way under its 50-day moving average of $4.94 and way under its 200-day moving average of $5.62.

Volume

Today’s last reported volume for Virgin Galactic is 8086948 which is 26.87% below its average volume of 10353200.

More news about Virgin Galactic (SPCE).

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