How to Buy Virgin Galactic Holdings Stock
Virgin Galactic Holdings Inc
Virgin Galactic Holdings, Inc. , an integrated aerospace company, develops human spaceflight for private individuals and researchers in the United States. It also manufactures air and space vehicles.
Virgin Galactic Holdings stock last closed at $0.86, down 1.15% from the previous day, and has decreased 72.78% in one year. It has underperformed other stocks in the Aerospace & Defense industry by 0.81 percentage points. Virgin Galactic Holdings stock is currently +22.33% from its 52-week low of $0.70, and -86.06% from its 52-week high of $6.17.
At the moment, there are 400.04M SPCE shares outstanding. The market cap of SPCE is $344.03M. In the past 24 hours, 27.11M SPCE shares were traded.
How to Buy Virgin Galactic Holdings Stock
Wondering how to invest in Virgin Galactic Holdings stock? Here's how.
- Decide where to buy Virgin Galactic Holdings stock: You need to choose an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you decide where to buy Virgin Galactic Holdings stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Select your payment method and add your information.
- Evaluate Virgin Galactic Holdings stock: The Virgin Galactic Holdings ticker symbol is SPCE. Is Virgin Galactic Holdings stock a good investment? Should you buy shares of SPCE? How do SPCE's underlying business fundamentals look? Do top analysts think Virgin Galactic Holdings is a good buy? Why has SPCE's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if SPCE is a good stock to buy).
- Place your SPCE purchase: Decide if you will purchase SPCE shares at the current market price or use a limit order to buy SPCE stock at a particular price.
- Keep an eye on your SPCE investment: Create a watchlist to get live updates on your position in Virgin Galactic Holdings shares.
Step 1: Decide where to buy Virgin Galactic Holdings stock
You will need an online brokerage account to access the NYSE market and buy SPCE stock.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen the best brokerage, you need to fill out some personal details so you are able to buy SPCE today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to create a new brokerage account.
- Submit your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have finished signing up on stock apps to use, you can securely and quickly fund your account:
Watch this video walkthrough if you need help transferring funds into your new investment account.
Step 4: Evaluate Virgin Galactic Holdings stock
Once you have chosen the best place to buy Virgin Galactic Holdings stock, it's critical to research their stock prior to buying, so you can wrap your head around the risk and upside.
Virgin Galactic Holdings Numbers
Virgin Galactic Holdings Overview
WallStreetZen was built to help part-time investors do more accurate fundamental analysis in less time.
You can see all of the due diligence checks on SPCE's stock page.
Is SPCE stock undervalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge SPCE's intrinsic value.
Using relative valuations metrics:
- SPCE could be undervalued based on its P/B ratio of 0.68x, relative to Aerospace & Defense industry P/B ratio of 5.36x
You can access additional valuation analysis on SPCE's stock here.
SPCE Financial Health Summary
Positive Health Checks:
- SPCE has cash burn of 492502000. It has enough cash and short-term investments to cover this for at least one year.
- There are more short-term assets than long-term liabilities on the SPCE balance sheet.
- Total SPCE debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the SPCE balance sheet.
Negative Health Checks:
- SPCE profit margin has gone up by 142.46 percentage points in the past year, but the company is still unprofitable.
- SPCE has a relatively high debt to equity ratio of 1.33.
- SPCE has $910.83M in cash and short term investments. This is not sufficient to cover its annual cash burn of $492.50M.
Is it a good time to buy Virgin Galactic Holdings stock, according to Wall Street analysts?
Out of 4 Equities analysts who track SPCE, the consensus analyst rating on SPCE is a Sell
Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are projecting on the Virgin Galactic Holdings stock forecast page.
SPCE Technical Indicators
Is SPCE Growing Revenue?
Last year, SPCE revenue was $6.80M. In the past five year, SPCE's revenue has increased by 19% per year. This was faster than the Aerospace & Defense industry average of 7.41%.
You can analyze SPCE's earnings and revenue performance here.
Latest Insiders Trades at SPCE
Over the past year, insiders at SPCE have sold more shares than they have bought.
Alistair Burns, SVP Chief Information Officer of SPCE, was the latest SPCE insider to sell. They sold $30.82 worth of SPCE stock on Apr 22, 2024.
Dig into more about who owns SPCE shares here.
Does SPCE stock generate passive income?
No, Virgin Galactic Holdings doesn't provide an income stream by paying out dividends.
Get analysis from other traders
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Place your SPCE purchase
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually fine. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at an exact price, use a limit order.
Click the Open Trade button and eToro will execute your order.
If you require additional help buying stocks on eToro, watch the how to video below:
Step 6: Keep an eye on your SPCE investment
Now that you own some SPCE shares, you'll want to keep up with your new shares.
Start a watchlist to see the latest developments about your SPCE stock.
SPCE Feed
How to Buy Stock in Virgin Galactic Holdings
To summarize, here are the 6 steps to buy Virgin Galactic Holdings stock:
- Decide where to buy Virgin Galactic Holdings stock
- Create your brokerage account
- Deposit funds into your brokerage account
- Evaluate Virgin Galactic Holdings stock
- Place your SPCE purchase
- Keep an eye on your SPCE investment
If you require a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get the latest news on your investment in Virgin Galactic Holdings, create your watchlist below.
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