Is Virgin Galactic Holdings Inc (SPCE) a Stock to Watch This Week?

Virgin Galactic Holdings Inc (SPCE) stock has risen 7.01% over the past week and gets a Neutral rating from InvestorsObserver's Sentiment Indicator.

Virgin Galactic Holdings Inc has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on SPCE!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.

As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.

Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.

InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.

The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With SPCE Stock Today?

Virgin Galactic Holdings Inc (SPCE) stock is trading at $16.64 as of 3:13 PM on Monday, Jul 6, an increase of $0.39, or 2.37% from the previous closing price of $16.25. The stock has traded between $16.05 and $16.74 so far today. Volume today is low. So far 7,185,307 shares have traded compared to average volume of 15,900,754 shares.

To see InvestorsObserver's Sentiment Score for Virgin Galactic Holdings Inc click here.