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Virgin Galactic Stock Bullish Momentum With A 10% Jump At Session Start Today

(VIANEWS) – Shares of Virgin Galactic (NYSE: SPCE) rose by a staggering 10.79% to $3.49 at 10:36 EST on Monday, after five consecutive sessions in a row of losses. NYSE is dropping 0.19% to $15,349.36, following the last session’s upward trend. This seems, so far, a somewhat bearish trend exchanging session today.

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

Sales Growth

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

More news about Virgin Galactic (SPCE).

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