Volta Inc. (VLTA): What Technical Indicators Show

Volta Inc. (NYSE:VLTA) saw a downside of -1.64% to $7.18 after subtracting -$0.12 on Wednesday. The 5-day average trading volume is 1,383,529 shares of the company’s common stock. It has gained $8.12 in the past week. An average of 2,100,707 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,416,055.

VLTA’s 1-month performance is -35.80% or -$4.28 on its low of $7.02 reached on 10/13/21. The company’s shares have touched a 52-week low of $7.26 and high of $18.33. YTD, VLTA has lost -31.46% or -$3.56. However, the current price is down -60.83%% from the 52-week high price.

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Valuation Metrics

Volta Inc. (VLTA) has a trailing price-to-earnings (P/E) ratio of 21.00 for the broader industry and 30.92 for the sector.VLTA stock has a beta of 0.00. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 47.08 while the price-to-book (PB) in the most recent quarter is 1.06.

Volta Inc.’s quick ratio for the recent quarter was 0.10, with the current ratio over the same period at 0.10 meaning that VLTA stock is not able to fulfill its debt obligations.

Technical Picture

Let’s look briefly at Volta Inc. (VLTA) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 12 October was 24.51% to suggest the stock is trending oversold, with historical volatility in this time period at 74.92%.

The stock’s 5-day moving average is $7.54, reflecting a -10.37% or -$0.82 change from its current price. VLTA is currently trading -42.68% above its 20-day SMA, -29.03% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by -28.89% and -36.53% respectively.

Stochastic %K and %D was 0.88% and 1.33% and the average true range (ATR) pointed at 0.83. The RSI (14) points at 31.17%, while the 14-day stochastic is at 1.25% with the period’s ATR at 0.87. The stock’s 9-day MACD Oscillator is pointing at -0.67 and -1.79 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Volta Inc. (NYSE: VLTA), DA Davidson launched coverage with a Buy rating. Analysts offering their rating for VLTA stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate VLTA as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 3 have offered a “buy” rating.

What is VLTA’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $11.00 and a high of $18.00, with their median price target at $13.75. Looking at these predictions, the average price target given by analysts is for Volta Inc. (VLTA) stock is $14.13.


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