VTIQ stock: buy or sell?
April 2nd, 2020
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.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
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
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.
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 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 targetHow 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
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
VectoIQ Acquisition ownershipWhen 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:
|Market cap||$320.1 M|
|Total shares||29.6 M|
|Float shares||21.9 M|
|- Institutional holdings (%)||58.3%|
|- Insider holdings (%)||15.7%|
|Shares in short selling||0.0%|
|Thursday, April 2nd, 2020|
|Day range||$10.51 - $10.85|
|Average true range||$0.50|
|50d mov avg||$10.86|
|100d mov avg||$10.57|
|200d mov avg||$10.31|
VectoIQ Acquisition performanceStocks 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: