VTIQ stock: buy or sell?

VTIQ stock price: $10.36 -0.29% At close on February 27th, 2020

Updated on:
February 27th, 2020

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After reaching all time highs on Friday, VectoIQ Acquisition remained steady -0.29% to $10.36. With Thursday it's been 4 sliding days in a row, loosing $-0.13 (-1.25%).

Should I buy VTIQ stock?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

None of our preferred buy setups matches with VectoIQ Acquisition stock situation right now, hence this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean VTIQ will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is VectoIQ Acquisition stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't find any rating for VTIQ stock for the last 30 days.

VTIQ stock analysis

Daily outlook

VectoIQ Acquisition remained stable -0.29% to $10.36 after marking all time highs on Friday.

VectoIQ Acquisition remained constant -0.29% today to $10.36 after topping to all time highs on Friday. On Friday, VTIQ hit a new all time high, pushing higher than on February/10 tops. Check different trading setups that use ATHs as triggers.

VTIQ stock chart (daily)

Weekly outlook

Shares of VectoIQ Acquisition depreciated an unpleasant -1.24% this week.

Not so far away is the last all-time high VectoIQ Acquisition marked last week. Early December VTIQ price bounced up over the SMA of 10 weeks that acted as support stopping new slides.

VTIQ stock chart (weekly)

VTIQ stock price history

VTIQ stock went public on June 11th, 2018 with a price of $9.571. Since then, VTIQ stock grew a 8.30%, with a yearly average of 8.30%. If you had invested right after VTIQ's IPO a $1,000 in VTIQ stock in 2018, it would worth $83.00 today.

1: Adjusted price after possible price splits or reverse-splits.

VTIQ stock historical price chart

VTIQ stock reached all-time highs on Friday with a price of $10.62.

VTIQ stock price target

Nobody can reliably foresee how stock prices may evolve in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. You should not follow the analysts' VTIQ stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we have not found any price prediction for VectoIQ Acquisition stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

VTIQ earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2018-Q1-n/an/an/a
2018-Q2-n/an/an/a

VectoIQ Acquisition ownership

When you are planning to invest in a company, it's always worth to overview its ownership structure.

VectoIQ Acquisition shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 15.68% of all shares.

In case of VectoIQ Acquisition stock, 56.09% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for VTIQ stock account 0.00%, no big difference from last month.

For a better context understanding, the next table shows ownership data compared to other related companies:

VTIQ
Market cap$307.1 M
Total shares29.6 M
Float shares23.3 M
  - Institutional holdings (%)56.1%
  - Insider holdings (%)15.7%
Shares in short selling0.0%

VTIQ summary

Thursday, February 27th, 2020
Open$10.38
Close$10.36
Day range$10.35 - $10.40
Previous close$10.39
Session gain-0.29%
Average true range$0.08
50d mov avg$10.35
100d mov avg$10.28
200d mov avg$10.10
Daily pattern
Weekly pattern

VectoIQ Acquisition performance

To better understand VectoIQ Acquisition performance you must becnhmark its gains with other related stocks in same sector or industry. We chose as the bechmarking frame for VectoIQ Acquisition stock.
Stock3m6m12m
VTIQVectoIQ Acquisiti...1.27%1.97%4.33%

VectoIQ Acquisition competitors

Unfortunately, we could not find any public company that could be defined as VectoIQ Acquisition competitor. This doesn't mean VectoIQ Acquisition does not have any competitor in the market, it's just we could not detected it.