Vertical Aerospace Ltd [NYSE: EVTL] plunged by -$3.93 during the normal trading session on while it closed the day at $5.35.
Vertical Aerospace Ltd stock has also loss -48.85% of its value over the past 7 days. However, EVTL stock has declined by -20.03% in the 3 months of the year. Over the past six months meanwhile, it has lost -41.85% and lost -57.47% year-on date.
The market cap for EVTL stock reached $372.05 million, with 69.54 million shares outstanding and 52.95 million shares in the current float. Compared to the average trading volume of 217.89K shares, EVTL reached a trading volume of 4875560 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Vertical Aerospace Ltd [EVTL]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for EVTL shares is $9.40 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on EVTL stock is a recommendation set at 2.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Deutsche Bank have made an estimate for Vertical Aerospace Ltd shares, keeping their opinion on the stock as Buy, with their previous recommendation back on July 23, 2024. While these analysts kept the previous recommendation, Canaccord Genuity raised their target price to Hold. The new note on the price target was released on June 09, 2023, representing the official price target for Vertical Aerospace Ltd stock.
EVTL stock trade performance evaluation
Vertical Aerospace Ltd [EVTL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -48.85. With this latest performance, EVTL shares dropped by -30.52% in over the last four-week period, additionally sinking by -41.85% over the last 6 months – not to mention a drop of -17.69% 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 EVTL stock in for the last two-week period is set at 36.69, with the RSI for the last a single of trading hit 29.87, and the three-weeks RSI is set at 40.78 for Vertical Aerospace Ltd [EVTL]. The present Moving Average for the last 50 days of trading for this stock 8.11, while it was recorded at 8.52 for the last single week of trading, and 7.67 for the last 200 days.
Vertical Aerospace Ltd [EVTL]: An insightful look at the core fundamentals
Vertical Aerospace Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 5.33 and a Current Ratio set at 5.33.
Vertical Aerospace Ltd [EVTL]: Institutional Ownership
The top three institutional holders of EVTL stocks are: MILLENNIUM MANAGEMENT LLC with ownership of 0.22 million shares, which is approximately 0.1154%. GROUP ONE TRADING, L.P., holding 49681.0 shares of the stock with an approximate value of $$36506.0 in EVTL stocks shares; and GROUP ONE TRADING, L.P., currently with $$34031.0 in EVTL stock with ownership which is approximately 0.0242%.
