Shares of Virgin Galactic dropped 3.8% to $24.53 at 15:04 EST on Friday, following yesterday’s downward trend. The New York Stock Exchange is dropping 0.57% to $14,434.70, after three consecutive sessions in a row of gains. This seems, up until now, a somewhat rough trend exchanging session today.
Virgin Galactic’s last close was $25.50, 73.22% under its 52-week high of $42.49.
News about Virgin Galactic today
Virgin Galactic drops as holders file to sell 113 million shares. According to today’s article on Bloomberg Quint, "Virgin Galactic Holdings Inc. fell 4% in premarket trading Friday after shareholders filed to offer as much as 113 million of stock for sale.", "Last week, Virgin Galactic sank 17% after efforts to take tourists into space suffered a setback when a test flight was scrubbed shortly after takeoff because of a technical snag."
Virgin Galactic’s Sales
Virgin Galactic’s sales growth is 26.7% for the ongoing quarter and 715.1% for the next. The company’s growth estimates for the current quarter is a negative 170.5% and positive 23.3% for the next.
Virgin Galactic’s Stock Yearly Top and Bottom Value
Virgin Galactic’s stock is valued at $24.53 at 15:04 EST, way below its 52-week high of $42.49 and way above its 52-week low of $9.06.
Virgin Galactic’s Moving Average
Virgin Galactic’s worth is above its 50-day moving average of $24.46 and way above its 200-day moving average of $20.11.