Valens Semiconductor Ltd. (VLN) Is A Stock You Should Watch

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As of Wednesday close, Valens Semiconductor Ltd.’s (NYSE:VLN) stock traded at $3.92. The average number of shares traded per day over the past five days has been 149,880 shares. 4 times new highs have been achieved over the past 5 days, with a $0.22 gain in that time frame. In the last twenty days, the average volume was 130,685, while in the previous 50 days, it was 119,608.

Since last month, VLN stock rose 14.29%. Shares of the company fell to $3.11 on 10/24/22, the lowest level in the past month. A 52-week high of $9.59 was reached on 01/03/22 after having rallying from a 52-week low of $2.71. Since the beginning of this year, VLN’s stock price has dropped by -49.09% or -$3.78, and marked a new high 1 time. However, the stock has declined by -59.12% since its 52-week high.


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Financial Health

In the three months ended June 29, Valens Semiconductor Ltd.’s quick ratio stood at 8.60, while its current ratio was 9.80, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 71.30% percent. Based on annual data, VLN earned $50.58 million in gross profit and brought in $70.68 million in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -15.10%. Return on equity (ROE) for the past 12 months was -31.10%.

According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. VLN’s revenue rose 100.0% during the quarter, while net income inched up to $70.68 million. While analysts expected Valens Semiconductor Ltd. to report -$0.09 quarterly earnings, the actual figure was -$0.08 per share, beating the consensus estimate by 11.10%. During the quarter, the company generated -$4.79 million in EBITDA. The liabilities of Valens Semiconductor Ltd. were 21.74 million at the end of its most recent quarter ended June 29, and its total debt was $3.94 million.

Technical Picture

This quick technical analysis looks at Valens Semiconductor Ltd.’s (VLN) price momentum. With a historical volatility rate of 63.65%, the RSI 9-day stood at 54.69% on 23 November.

With respect to its five-day moving average, the current Valens Semiconductor Ltd. price is up by +5.95% percent or $0.22. At present, VLN shares trade +11.05% above its 20-day simple moving average and +9.50% percent above its 100-day simple moving average. However, the stock is currently trading approximately -7.55% below its SMA50 and -46.96% below its SMA200.

Stochastic coefficient K was 63.85% and Stochastic coefficient D was 61.94%, while ATR was 0.28. Given the Stochastic reading of 58.21% for the 14-day period, the RSI (14) reading has been calculated as 52.74%. As of today, the MACD Oscillator reading stands at 0.05, while the 14-day reading stands at 0.05.

Analyst Ratings

Chardan Capital Markets launched its rating on Valens Semiconductor Ltd. (NYSE: VLN) to a Buy in a note to investors on November 23, 2021. Valens Semiconductor Ltd. (VLN) has been rated Buy by analysts. According to 0 brokerage firms, VLN is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Valens Semiconductor Ltd. stock as buy, with 5 recommending it as overweight.

With a median target price of $8.00, the current consensus forecast for the stock is $5.00 – $13.00. Based on these forecasts, analysts predict Valens Semiconductor Ltd. (VLN) will achieve an average price target of $8.60.

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