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Stock impact report

Is Virgin Galactic (SPCE) A Potential Opportunity After Recent Share Price Slide? [Yahoo! Finance]

Virgin Galactic Holdings, Inc. (SPCE) 
Company Research Source: Yahoo! Finance
If you are wondering whether Virgin Galactic Holdings at around US$2.85 is a bargain or a value trap, you are not alone. A closer look at its valuation can help frame that question more clearly. The stock has seen a 5.3% decline over the last 7 days, a 13.4% decline over the last 30 days and year to date, and a 37.5% decline over the last year, on top of very large drawdowns over 3 and 5 years that suggest sentiment and risk perception have shifted over time. Recent attention on Virgin Galactic has largely centered on its position as a pure play space tourism company and how its business model and funding needs fit into current market conditions. This context has kept the share price moves in focus as investors weigh long term potential against the risks of a capital intensive, early stage commercial model. Simply Wall St currently assigns Virgin Galactic a valuation score of 4 out of 6 . Next we will walk through the key valuation approaches behind that, before finishing with Show less Read more
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