Is Velo3D Inc (NYSE: VLD) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Most recently, Yahoo Finance reported about the stock as it publicized that Velo3D Announces Key Strategic Priorities for Growth in 2024.

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Stocks Info

VLD belongs to the Technology sector of the NYSE while operating in the Computer Hardware industry. The current market capitalization of Velo3D Inc is $58.24M. A total of 3.05 million shares were traded on the day, compared to an average of 5.65M shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, VLD has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 53 BUYs and 12 SELLs from insiders. Insiders purchased 1,027,139 shares during that period but sold 205,029.

In the most recent transaction, Buller Benyamin sold 2,000 shares of VLD for 0.31 per share on Feb 16. After the transaction, the Director now owns 5,076,706 company shares. In a previous transaction on Feb 15, Buller Benyamin sold 2,000 shares at 0.29 per share. VLD shares that Director owns now total 5,078,706.

Among the insiders who sold shares, Buller Benyamin disposed of 2,000 shares on Feb 14 at a per-share price of $0.26. This resulted in the Director holding 5,080,706 shares of VLD after the transaction. In another insider transaction, Buller Benyamin sold 2,000 shares at $0.25 per share on Feb 13. Company shares held by the Director now total 5,082,706.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for VLD in the last 3 months, the mean price target is $2.10 with high estimates of $2.10 and low estimates of $2.10. In terms of 52-week highs and lows, VLD has a high of $3.43 and a low of $0.19.

As of this writing, VLD has an earnings estimate of -$0.08 per share for the current quarter. EPS was calculated based on a consensus of 1 estimates, with a high estimate of -$0.08 per share and a lower estimate of -$0.08. The company reported an EPS of -$0.1 in the last quarter, which was -25.00% lower than expectations of -$0.08.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. VLD’s latest balance sheet shows that the firm has $223.09M in Cash & Short Term Investments as of fiscal 2021. There were $19.51M in debt and $46.66M in liabilities at the time. Its Book Value Per Share was $0.51, while its Total Shareholder’s Equity was $110.42M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for VLD is Buy with a score of 4.00.

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