Tomorrow Is Not Likely To Be Same For Vertical Aerospace Ltd (EVTL)

Vertical Aerospace Ltd (EVTL) concluded trading on Thursday at a closing price of $5.35, with 4.88 million shares of worth about $26.08 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -41.85% during that period and on January 23, 2025 the price saw a loss of about -42.35%. Currently the company’s common shares owned by public are about 69.54M shares, out of which, 52.95M shares are available for trading.

Stock saw a price change of -48.85% in past 5 days and over the past one month there was a price change of -30.52%. Year-to-date (YTD), EVTL shares are showing a performance of -57.47% which decreased to -17.69% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $3.55 but also hit the highest price of $15.99 during that period. The average intraday trading volume for Vertical Aerospace Ltd shares is 217.89K. The stock is currently trading -46.51% below its 20-day simple moving average (SMA20), while that difference is down -34.00% for SMA50 and it goes to -30.26% lower than SMA200.

Vertical Aerospace Ltd (NYSE: EVTL) currently have 69.54M outstanding shares and institutions hold larger chunk of about 0.04% of that.

The stock has a current market capitalization of $372.05M and its 3Y-monthly beta is at 0.94. It has posted earnings per share of -$0.39 in the same period. It has Quick Ratio of 5.33. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for EVTL, volatility over the week remained 13.04% while standing at 17.80% over the month.

Analysts are in expectations that Vertical Aerospace Ltd (EVTL) stock would likely to be making an EPS of -0.93 in the current quarter, while forecast for next quarter EPS is 0 and it is -1.92 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.93 which is -0.93 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 -0.9 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -23.52% while it is estimated to increase by 45.42% in next year.

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 Deutsche Bank on July 23, 2024 offering a Buy rating for the stock and assigned a target price range of between $1 and $1.50 to it. Coverage by Canaccord Genuity stated Vertical Aerospace Ltd (EVTL) stock as a Hold in their note to investors on June 09, 2023, suggesting a price target of $2 for the stock. On July 27, 2022, Raymond James Initiated their recommendations, while on April 11, 2022, Deutsche Bank Initiated their ratings for the stock with a price target of $9. Stock get an Underweight rating from Barclays on January 18, 2022.

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