| (USD) | Dec 2023 | Q/Q |
|---|---|---|
| Revenue | 2.8MM | +63% |
| Gross Profit | -21.5MM | - |
| Cost Of Revenue | 24.3MM | -5% |
| Operating Income | -114.3MM | -0% |
| Operating Expenses | 92.7MM | - |
| Net Income | -104MM | -1% |
| R&D | 53.8MM | +20% |
| G&A | 30.8MM | -27% |
| Interest Expense | 3.2MM | +0% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Virgin Galactic (SPCE) closed the most recent trading day at $1.04, moving +1.96% from the previous trading session.
ORANGE COUNTY, Calif., April 15, 2024--Virgin Galactic Holdings, Inc. (NYSE: SPCE) ("Virgin Galactic") announced that the Compensation Committee of Virgin Galactic’s Board of Directors approved the grant of time-based inducement restricted stock unit awards of 23,946 shares of Virgin Galactic common stock to one new non-executive employee, effective April 15, 2024.
There are some great space stocks to buy in April. While investor attention is turned to sectors such as artificial intelligence and renewable energy, the space industry is also presenting some great buys for investors to capitalize on. The commercial space industry has seen significant growth, I think the best is yet to come. This is driven by the rise of private space companies and increased investment in space exploration and development. The growing demand for satellite-based services, such
It's hard for unprofitable space stocks to fight "gravity" when Fed interest rates are too high.
An underappreciated part of investing is knowing when to cut your losses. No one bats a thousand in this field; even the best investors make some bad picks and come up with ideas that don’t pan out from time to time. It’s one thing to get a pick wrong. It’s quite another thing to stay wrong. Further to that, there’s no reason to be loyal to a stock just because you already own it. In fact, investors should pay special attention to make sure they don’t fall prey to sunk cost fallacy. It’s never t
Virgin Galactic accused the struggling aerospace company of "shoddy and incomplete work."
Space stocks attract investors for two principal reasons: space tourism and space exploration. Because space tourism is so young, the market size is hard to peg, but Grand View Research is forecasting a 45% CAGR from 2024 to 2030, eventually leading to a $10 billion valuation. The benefits of space exploration are similarly hard to measure. However, the resources in the asteroid belt between Mars and Jupiter alone are worth an estimated $700 quintillion. I take all of these estimates with a gra
Virgin Galactic (SPCE) reachead $1.24 at the closing of the latest trading day, reflecting a -1.59% change compared to its last close.
When Virgin Galactic started selling tickets it charged $200,000. The price has gone up a lot since then, but it hasn't dented demand.
The stock is down, but is the news that bad at Virgin Galactic?