(VIANEWS) – Shares of Virgin Galactic (NYSE: SPCE) slid by a staggering 23.4% in 10 sessions from $4.05 to $3.10 at 15:23 EST on Thursday, after five successive sessions in a row of losses. NYSE is jumping 0.1% to $15,384.20, after two consecutive sessions in a row of losses.
Virgin Galactic’s last close was $3.19, 71.64% 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 below its 50-day moving average of $4.94 and way under its 200-day moving average of $5.62.
Revenue Growth
Year-on-year quarterly revenue growth declined by 70.3%, now sitting on 1.58M for the twelve trailing months.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Virgin Galactic’s stock is considered to be overbought (>=80).
Yearly Top and Bottom Value
Virgin Galactic’s stock is valued at $3.10 at 15:23 EST, under its 52-week low of $3.24.
More news about Virgin Galactic (SPCE).
