Virgin Galactic Stock Bearish By 15% At Session Start On Wednesday

(VIANEWS) – Shares of Virgin Galactic (NYSE: SPCE) slid by a staggering 15.02% to $4.88 at 10:08 EST on Wednesday, after two consecutive sessions in a row of gains. NYSE is sliding 0.41% to $15,428.97, after three successive sessions in a row of losses. This seems, at the moment, a somewhat bearish trend trading session today.

Virgin Galactic’s last close was $5.74, 78.34% below its 52-week high of $26.50.

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 -53.97%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is 12.8% and a drop 12.5% for the next.

Yearly Top and Bottom Value

Virgin Galactic’s stock is valued at $4.88 at 10:08 EST, way under its 52-week high of $26.50 and above its 52-week low of $4.76.

More news about Virgin Galactic (SPCE).

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