Velo3D Inc (NYSE:VLD) price closed lower on Monday, April 15, dropping -6.65% below its previous close.
A look at the daily price movement shows that the last close reads $0.32. The company’s 5Y monthly beta was ticking 2.13. Taking into account the 52-week price action we note that the stock hit a 52-week high of $2.50 and 52-week low of $0.19. The stock subtracted -17.89% on its value in the past month.
Velo3D Inc, which has a market valuation of $77.49 million, is expected to release its quarterly earnings report Apr 29, 2024 – May 03, 2024.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give VLD a short term outlook of Hold on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
The overview shows that VLD’s price is at present -36.41% off the SMA20 and -16.42% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 40.10, with weekly volatility standing at 16.04%. The indicator jumps to 20.51% when calculated based on the past 30 days. Velo3D Inc (NYSE:VLD)’s beta value is holding at 2.21, while the average true range (ATR) indicator is currently reading 0.09.
An analysis of the Velo3D Inc (NYSE:VLD) stock in terms of its daily trading volume indicates that the 3-month average is 7.26 million.
Current records show that the company has 258.42M in outstanding shares. The insiders’ percentage holdings are 46.18% of outstanding shares while the percentage share held by institutions stands at 29.78%. But the -25.53% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
