Market cap of View Inc. [VIEW] reaches 211.98M – now what?

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View Inc. [NASDAQ: VIEW] stock went on an upward path that rose over 43.35% on Monday, amounting to a one-week price increase of more than 61.17%. The company report on May 23, 2022 that View Announces Earnings Date for Tuesday, May 31st, 2022.


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View, Inc. (Nasdaq: VIEW) (“View” or the “Company”), the leader in smart building technologies, today announced that the Company plans to report 2021 financial results and prior periods after the market close on Tuesday, May 31st, 2022.

View will host a conference call to discuss its results at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time the same day. The live webcast of the call can be accessed at the View Investor Relations website at https://investors.view.com, along with the Company’s earnings press release.

Over the last 12 months, VIEW stock dropped by -88.66%. The average equity rating for VIEW stock is currently 3.00, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $211.98 million, with 217.08 million shares outstanding and 71.40 million shares in the current float. Compared to the average trading volume of 2.49M shares, VIEW stock reached a trading volume of 5831641 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on View Inc. [VIEW]:

Raymond James have made an estimate for View Inc. shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on March 29, 2022. While these analysts kept the previous recommendation, Goldman dropped their target price from $6 to $5. The new note on the price target was released on November 17, 2021, representing the official price target for View Inc. stock. Previously, the target price had yet another raise to $11, while Raymond James analysts kept a Outperform rating on VIEW stock.

The Average True Range (ATR) for View Inc. is set at 0.21, with the Price to Sales ratio for VIEW stock in the period of the last 12 months amounting to 6.07. The Price to Book ratio for the last quarter was 0.30.

VIEW Stock Performance Analysis:

View Inc. [VIEW] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 61.17. With this latest performance, VIEW shares dropped by -29.24% in over the last four-week period, additionally sinking by -75.71% over the last 6 months – not to mention a drop of -88.66% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for VIEW stock in for the last two-week period is set at 44.38, with the RSI for the last a single of trading hit 49.49, and the three-weeks RSI is set at 42.36 for View Inc. [VIEW]. The present Moving Average for the last 50 days of trading for this stock 1.5441, while it was recorded at 0.7466 for the last single week of trading, and 3.5447 for the last 200 days.

View Inc. [VIEW] Insider Position Details

There are presently around $87 million, or 79.77% of VIEW stock, in the hands of institutional investors. The top three institutional holders of VIEW stocks are: SB INVESTMENT ADVISERS (UK) LTD with ownership of 66,194,110, which is approximately 0% of the company’s market cap and around 23.13% of the total institutional ownership; CANTOR FITZGERALD, L. P., holding 19,320,000 shares of the stock with an approximate value of $13.16 million in VIEW stocks shares; and BNP PARIBAS ASSET MANAGEMENT HOLDING S.A., currently with $6.05 million in VIEW stock with ownership of nearly -17.901% of the company’s market capitalization.

Positions in View Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 50 institutional holders increased their position in View Inc. [NASDAQ:VIEW] by around 6,551,277 shares. Additionally, 49 investors decreased positions by around 20,677,569 shares, while 18 investors held positions by with 101,243,971 shares. The mentioned changes placed institutional holdings at 128,472,817 shares, according to the latest SEC report filing. VIEW stock had 26 new institutional investments in for a total of 2,775,467 shares, while 15 institutional investors sold positions of 4,713,836 shares during the same period.

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