Velo3D Inc (NYSE:VLD) price on Thursday, May 09,rose 3.05% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $0.23.
A look at the stock’s price movement, the close in the last trading session was $0.22. Turning to its 52-week performance, $2.50 and $0.19 were the 52-week high and 52-week low respectively. Overall, VLD moved -19.20% over the past month.
Velo3D Inc’s market cap currently stands at around $67.93 million.
Turning to the stock’s technical picture we see that short term indicators suggest on average that VLD is a 100% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
VLD’s current price about -11.32% and -34.30% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 38.48, while 7-day volatility ratio is 8.17% and 11.25% in the 30-day chart. Further, Velo3D Inc (VLD) has a beta value of 2.25, and an average true range (ATR) of 0.04.
If we refocus on Velo3D Inc (NYSE:VLD), historical trading data shows that trading volumes averaged 6.66 million over the past 3 months. The company’s latest data on shares outstanding shows there are 296.14 million shares.
The 10.27% of Velo3D Inc’s shares are in the hands of company insiders while institutional holders own 27.33% of the company’s shares. Current price change has pushed the stock -42.30% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the VLD stock continues to rise going into the next quarter.
