Virgin Galactic Stock Is 9% Down So Far Today

(VIANEWS) – Shares of Virgin Galactic (NYSE: SPCE) fell 9.19% to $4.54 at 13:53 EST on Wednesday, after two sequential sessions in a row of losses. NYSE is falling 3.04% to $14,489.90, following the last session’s upward trend. This seems, at the moment, a very negative trend exchanging session today.

Virgin Galactic’s last close was $5.00, 55.56% 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%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is a negative 64.5% and a negative 41.7%, respectively.

More news about Virgin Galactic (SPCE).

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