Virgin Galactic Stock Over 9% Down At Session Start On Tuesday

(VIANEWS) – Shares of Virgin Galactic (NYSE: SPCE) fell 9.02% to $3.53 at 10:29 EST on Tuesday, after five successive sessions in a row of losses. NYSE is sliding 0.15% to $15,464.46, after five sequential sessions in a row of gains. This seems, so far, a somewhat bearish trend exchanging session today.

Virgin Galactic’s last close was $3.88, 65.51% under 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%.

Volatility

Virgin Galactic’s last week, last month’s, and last quarter’s current intraday variation average was a positive 1.06%, a negative 1.66%, and a positive 4.57%.

Virgin Galactic’s highest amplitude of average volatility was 1.28% (last week), 2.98% (last month), and 4.57% (last quarter).

Sales Growth

Virgin Galactic’s sales growth is 162.4% for the ongoing quarter and 110% for the next.

Revenue Growth

Year-on-year quarterly revenue growth declined by 70.3%, now sitting on 1.58M for the twelve trailing months.

More news about Virgin Galactic (SPCE).

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