VTIQ stock: buy or sell?

VTIQ stock price: $10.80 1.98% At close on April 2nd, 2020

Updated on:
April 2nd, 2020

2

Shares of VectoIQ Acquisition ended today at $10.80 and soared a fine 1.98%.

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, therefore 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 slide 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 shares soared 1.98% to $10.80 today.

VectoIQ Acquisition closed today at $10.80 and soared a fine 1.98%. On March/19 VTIQ price bounced up over the SMA of 100 days demonstrating to be a significant support for this stock. On Mar/5, VTIQ hit a new all time high, pushing higher than on Mar 4th tops. Check different trading setups that use ATHs as triggers.

VTIQ stock chart (daily)

Weekly outlook

VectoIQ Acquisition declined an ugly -0.74% this week. Early March VTIQ boosted an exceptional 24.53% in just one week. By mid March VTIQ collapsed a spooky -5.54% in just one week.

Not so far away is the last price record VectoIQ Acquisition marked early March, but since then it dropped a 33.54%. Since early March when VTIQ stock price broke up the SMA20w line, it gained $0.43 (4.15%).

VTIQ stock chart (weekly)

VTIQ stock price history

VTIQ IPO was on June 11th, 2018 at $9.57 per share1. Since then, VTIQ stock grew a 12.90%, with a yearly average of 12.90%. If you had invested $1,000 in VTIQ stock in 2018, it would worth $129.00 today.

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

VTIQ stock historical price chart

VTIQ stock reached all-time highs on Mar/5 with a price of $16.25.

VTIQ stock price target

How much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we have not found any price forecast 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 buy a company, it's always worth to overview its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For VectoIQ Acquisition, 15.68% of all outstanding shares are owned by its staff.

In case of VectoIQ Acquisition stock, 58.32% 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 understanding, the following table shows ownership data compared to other related stocks:

VTIQ
Market cap$320.1 M
Total shares29.6 M
Float shares21.9 M
  - Institutional holdings (%)58.3%
  - Insider holdings (%)15.7%
Shares in short selling0.0%

VTIQ summary

Thursday, April 2nd, 2020
Open$10.51
Close$10.80
Day range$10.51 - $10.85
Previous close$10.59
Session gain1.98%
Average true range$0.50
50d mov avg$10.86
100d mov avg$10.57
200d mov avg$10.31
Daily patternlt01a
Weekly pattern

VectoIQ Acquisition performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We compared VectoIQ Acquisition against in the following table:
Stock3m6m12m
VTIQVectoIQ Acquisiti...4.85%5.78%7.68%

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.