Velo3D Inc (VLD) concluded trading on Thursday at a closing price of $0.27, with 4.04 million shares of worth about $1.09 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -83.14% during that period and on Thursday the price saw a loss of about -1.01%. Currently the company’s common shares owned by public are about 187.56M shares, out of which, 114.73M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 65 times over the past 12 months. They bought 1,027,139 shares in 53 of the transactions. In 12 selling transactions, insiders dumped 205,029 shares.
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However, the stock later moved at a day high price of 0.2950, or with a loss of -1.01%. Stock saw a price change of 1.41% in past 5 days and over the past one month there was a price change of -11.19%. Year-to-date (YTD), VLD shares are showing a performance of -31.31% which decreased to -91.38% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.19 but also hit the highest price of $3.43 during that period. The average intraday trading volume for Velo3D Inc shares is 5.65 million. The stock is currently trading 1.73% above its 20-day simple moving average (SMA20), while that difference is down -18.32% for SMA50 and it goes to -78.70% lower than SMA200.
Velo3D Inc (NYSE: VLD) currently have 187.56M outstanding shares and institutions hold larger chunk of about 36.61% of that.
The stock has a current market capitalization of $58.17M and its 3Y-monthly beta is at 2.00. It has posted earnings per share of -$0.29 in the same period. It has Quick Ratio of 1.04 while making debt-to-equity ratio of 0.80. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for VLD, volatility over the week remained 8.24% while standing at 14.93% over the month.
Analysts are in expectations that Velo3D Inc (VLD) stock would likely to be making an EPS of -$0.08 in the current quarter, while forecast for next quarter EPS is -$0.05 and it is -$0.31 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.08 which is -$0.08 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$0.08 in the same quarter a year ago.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Credit Suisse on August 17, 2022 offering a Neutral rating for the stock and assigned a target price of $5.40 to it. Coverage by BofA Securities stated Velo3D Inc (VLD) stock as an Underperform in their note to investors on March 04, 2022, suggesting a price target of $7 for the stock.