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Stock impact report

Virgin Galactic (SPCE): Assessing Valuation After a Steep Share Price Slide and Ongoing Investor Skepticism [Yahoo! Finance]

Virgin Galactic Holdings, Inc. (SPCE) 
Company Research Source: Yahoo! Finance
For investors, the real question is whether this weakness now reflects overly pessimistic expectations. See our latest analysis for Virgin Galactic Holdings. That latest drop leaves Virgin Galactic's share price at $3.24, capping off a year-to-date share price return of around negative 47 percent and a roughly negative 50 percent one year total shareholder return. This is a clear sign that momentum has been fading as investors reassess execution risk and long term funding needs. If this kind of volatility has you looking beyond space tourism, it could be worth scanning the broader universe of aerospace and defense names using aerospace and defense stocks With years of losses, a deep share price slide and a modest discount to analyst targets, investors now face a key question: is Virgin Galactic a contrarian bargain, or is the market already discounting any realistic path to future growth? Virgin Galactic is trading on a price to book ratio of 0.9 times, which screens as inex Show less Read more
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