Virgin Galactic Stock Bearish By 22% In The Last 10 Sessions

(VIANEWS) – Shares of Virgin Galactic (NYSE: SPCE) fell by a staggering 22.22% in 10 sessions from $4.05 to $3.15 at 15:36 EST on Friday, after five consecutive sessions in a row of losses. NYSE is rising 0.07% to $15,379.13, after two sequential sessions in a row of losses.

Virgin Galactic’s last close was $3.15, 72% 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%.

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).

Volatility

Virgin Galactic’s last week, last month’s, and last quarter’s current intraday variation average was a negative 8.34%, a negative 2.60%, and a positive 4.88%.

Virgin Galactic’s highest amplitude of average volatility was 8.34% (last week), 3.87% (last month), and 4.88% (last quarter).

Volume

Today’s last reported volume for Virgin Galactic is 13672138 which is 28.39% above its average volume of 10526200.

Yearly Top and Bottom Value

Virgin Galactic’s stock is valued at $3.15 at 15:36 EST, under its 52-week low of $3.24.

More news about Virgin Galactic (SPCE).

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