Vision Marine Technologies Inc [NASDAQ: VMAR] traded at a low on Friday, posting a -12.26 loss after which it closed the day’ session at $0.86.
The results of the trading session contributed to over 19041818 shares changing hands. Over the past one week, the price volatility of Vision Marine Technologies Inc stands at 15.38% while the volatility over the past one month is 10.22%.
The market cap for VMAR stock reached $8.41 million, with 9.78 million shares outstanding and 9.48 million shares in the current float. Compared to the average trading volume of 5.09M shares, VMAR reached a trading volume of 19041818 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Vision Marine Technologies Inc [VMAR]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for VMAR shares is $274.14 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on VMAR stock is a recommendation set at 1.00. 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.
The Average True Range (ATR) for Vision Marine Technologies Inc is set at 0.18, with the Price to Sales ratio for VMAR stock in the period of the last 12 months amounting to 3.88. The Price to Book ratio for the last quarter was 0.21, with the Price to Cash per share for the same quarter was set at 0.07.
How has VMAR stock performed recently?
Vision Marine Technologies Inc [VMAR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -25.86. With this latest performance, VMAR shares dropped by -53.51% in over the last four-week period, additionally sinking by -98.18% over the last 6 months – not to mention a drop of -99.24% 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 VMAR stock in for the last two-week period is set at 30.31, with the RSI for the last a single of trading hit 22.86, and the three-weeks RSI is set at 32.78 for Vision Marine Technologies Inc [VMAR]. The present Moving Average for the last 50 days of trading for this stock 1.4660, while it was recorded at 1.0180 for the last single week of trading, and 29.9336 for the last 200 days.
Vision Marine Technologies Inc [VMAR]: Deeper insight into the fundamentals
Vision Marine Technologies Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.16 and a Current Ratio set at 2.88.
Insider trade positions for Vision Marine Technologies Inc [VMAR]
The top three institutional holders of VMAR stocks are: FEDERATION DES CAISSES DESJARDINS DU QUEBEC with ownership of 1.17 million shares, which is approximately 9.962%. FIL LTD, holding 0.37 million shares of the stock with an approximate value of $$0.26 million in VMAR stocks shares; and FIL LTD, currently with $$32851.0 in VMAR stock with ownership which is approximately 0.5615%.
