Shares of Virgin Galactic slid by a staggering 42.38% in 30 days from $-19.02 to $23.36 at 19:45 EST on Friday, following last session’s downward trend. NYSE Composite is jumping 0.43% to $16,186.29, after two consecutive sessions in a row of gains. This seems, so far, a somewhat positive trend trading session today.
Virgin Galactic’s last close was $26.68, 168.84% below its 52-week high of $62.80.
Virgin Galactic’s Sales
Virgin Galactic’s sales growth is 38.7% for the current quarter and a decline by 14.8% for the next. The company’s growth estimates for the ongoing quarter and the next is 10% and 10%, respectively.
Virgin Galactic’s Revenue
Year-on-year quarterly revenue growth declined by 100%, now sitting on 238k for the twelve trailing months.
Virgin Galactic’s Stock Yearly Top and Bottom Value
Virgin Galactic’s stock is valued at $23.36 at 19:45 EST, way under its 52-week high of $62.80 and way higher than its 52-week low of $13.82.
Virgin Galactic’s Moving Average
Virgin Galactic’s value is way under its 50-day moving average of $35.51 and way below its 200-day moving average of $29.48.
Previous days news about Virgin Galactic
Cathie wood furthers bet on Virgin Galactic, also adds DraftKings, atlassian, Peloton. According to Business Insider on Wednesday, 14 April, "After nearly two decades in the development phase and years of delays, Virgin Galactic has said it expects to fly Branson to space later this year before beginning full commercial operations in 2021."
Branson offloads $150 million in Virgin Galactic shares. According to Bloomberg Quint on Thursday, 15 April, "Palihapitiya, Virgin Galactic’s chairman and another large holder, sold $213 million in Virgin Galactic stock last month.", "Richard Branson sold about $150 million in Virgin Galactic Holdings Inc. stock, tapping his biggest listed asset again to prop up his business empire during the coronavirus pandemic."
Virgin Galactic falls 9% after founder richard branson unloads $150 million stake in the company. According to Business Insider on Thursday, 15 April, "Shares of Virgin Galactic dropped by as much as 9% on Thursday after founder Richard Branson sold a $150 million stake in the company, according to an SEC filing.", "Shares of Virgin Galactic were already under pressure this week, with the stock down 13% as its competitor Blue Origin launched a successful test flight of its New Shepard rocket."
More news about Virgin Galactic.