Volcon Inc (VLCN)’s stock is trading at $1.14 at the moment marking a fall of -2.50% from the last session close. As of this writing, shares are priced at -99.99% less than their 52-week high of $11475.00, and -0.81% over their 52-week low of $1.15.
The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, VLCN’s SMA-200 is $136.2358.
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Further, it is important to consider VLCN stock ratios, particularly its price-to-sales ratio over the past twelve months, which stands at 1.50.VLCN’s price to book ratio for the most recent quarter was 0.24, resulting in an 2.46 price to cash per share for the period.
How does Volcon Inc (VLCN) stock rate among analysts? Buy, sell, or hold?
The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 0 brokerage firms that recommend the stock as a Strong Buy. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 0.00 in simple terms.
Volcon Inc (VLCN): Earnings History
If we examine Volcon Inc’s recent earnings history, in the last quarter ended on 9/30/2023, it posted adjusted earnings per share of -$8,280, beating the consensus of -$6,075. In other words, it beat the consensus by -$2,205, resulting in a -36.30% surprise. In the 3 months period before the previous quarter which was closed on 9/30/2023, the stock recorded adjusted earnings per share of -$8,280 in contrast with the Outlook of -$6,075. That was a difference of -$2,205 and a surprise of -36.30%.
Volcon Inc (NASDAQ: VLCN) Ownership Details
I will give a breakdown of the key shareholders in Volcon Inc (VLCN). Recent figures show that the company’s insiders hold 3.49% of shares. A total of 16 institutional investors hold shares in the company, making 3.34% of its stock and 3.46% of its float.
Jun 30, 2024, it was reported that the Company’s largest institutional holder is IFP Advisors, Inc holding total of 5.0 shares that make 0.11% of the company’s total number of shares and are currently priced at 5749.0.
The securities firm Tower Research Capital LLC (TRC) holds 1.75 shares of VLCN, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 0.04%, and the holding percentage of shares is valued at 2013.0.
An overview of Volcon Inc’s technicals
In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Volcon Inc (VLCN) traded 467,330 shares per day, with a moving average of $1.4140 and price change of -0.5199. With the moving average of $2.0524 and a price change of -2.6899, about 1,153,092 shares changed hands on average over the past 50 days. Finally, VLCN’s 100-day average volume is 1,245,020 shares, alongside a moving average of $9.3761 and a price change of -24.6799.
