VGAC= Target Price VGAC= price target in 14 days: 13.299 USD* upside and 11.628 USD* downside. (Highest and lowest possible predicted price in a 14 day period)
Full Answer
How much is a share of vgac worth?
One share of VGAC stock can currently be purchased for approximately $7.43. How much money does VG Acquisition make? VG Acquisition has a market capitalization of $472.32 million.
Is VG acquisition efficiently growing its dividend?
VG Acquisition does not have a long track record of dividend growth. In the past three months, VG Acquisition insiders have not sold or bought any company stock. Only 23.50% of the stock of VG Acquisition is held by institutions. VG Acquisition has a P/B Ratio of 21.85.
Is vgac-U stock a good long-term investment?
According to our live Forecast System, VGAC-U stock is a bad long-term (1-year) investment*. "VGAC-U" stock predictions are updated every 5 minutes with latest exchange prices by smart technical market analysis. Q&A about "VGAC-U" projections.
What will vgac-U's price target be in 14 days?
VGAC-U price target in 14 days: 13.541 USD* upside and 11.868 USD* downside. (Highest and lowest possible predicted price in a 14 day period)
Is VGAC a good stock to buy?
If you are looking for stocks with good return, VG Acquisition Corp stock can be a bad, high-risk 1-year investment option. VG Acquisition Corp real time quote is equal to 12.000 USD at 2022-07-09, but your current investment may be devalued in the future. Get It Now!
Will VGAC become me?
Upon completion of the transaction, estimated in the second calendar quarter of 2021, VGAC will change its New York Stock Exchange (NYSE) ticker symbol, and the combined company's securities will trade under the ticker symbol "ME".
Who is VGAC merging with?
Upon the closing, VGAC will change its name to 23andMe Holding Co. ("New 23andMe"), and New 23andMe Class A common stock and New 23andMe warrants will be listed on The Nasdaq Global Select Market ("Nasdaq").
Will VGAC stock go up?
For the upcoming trading day on Monday 18th we expect The Very Good Food Company Inc. to open at $0.22, and during day (based on 14 day Average True Range), to move between $0.19 and $0.25, which gives a possible trading interval of +/-$0.0340 (+/-15.45%) up or down from last closing price.
Is 23andMe a Good Investment?
It depends on whether you look at where the company is today or where it's going tomorrow. 23andMe (ME 1.03%) investors have had a bumpy ride in the last 12 months. The company's shares are down by more than 67%, quarterly revenue growth has slumped into the single digits, and profitability remains far out of reach.
Is 23andMe profitable?
In 2021, management predicts a total of around $247 million in revenue compared to 2020's sum of $305 million. And even in 2019's bumper crop year of sales, it wasn't anywhere near being profitable. Then there's 23andMe's drug-development pipeline.
Is VGAC a SPAC?
(VGAC) is the first SPAC that Sir Richard Branson has put together. After receiving a lot of attention in late-2020 and early-2021, the SPAC traded up to over $17.50 before even announcing a deal.
Is 23andMe a SPAC?
A merger with a SPAC allows 23andMe to go public without the uncertainty of holding an initial public offering. Launched in 2006, 23andMe sells direct-to-consumer genetic testing kits that people can use to find out more about their own DNA and what it says about their potential health issues and ancestry.
What is VGAC company?
Learn more. As of June 16, 2021, 23andMe, Inc., a leading consumer genetics and research company, and VG Acquisition Corp. ( NYSE: VGAC), a special purpose acquisition company sponsored by Virgin Group, completed their previously announced business combination.
Is Vryyf a buy?
Our Ai stock analyst implies that there will be a negative trend in the future and the VRYYF shares are not a good investment for making money. Since this share has a negative outlook we recommend looking for other projects instead to build a portfolio.
Is very good food a good stock to buy?
Will The Very Good Food stock price grow / rise / go up? Yes. The VERY stock price can go up from 3.930 CAD to 9.968 CAD in one year.
Is Veru a good stock to buy?
Out of 4 analysts, 2 (50%) are recommending VERU as a Strong Buy, 2 (50%) are recommending VERU as a Buy, 0 (0%) are recommending VERU as a Hold, 0 (0%) are recommending VERU as a Sell, and 0 (0%) are recommending VERU as a Strong Sell. What is VERU's earnings growth forecast for 2022-2024?
Why is 23andMe stock dropping?
Shares of 23andMe (NASDAQ: ME) dropped 29.1% in November, according to data from S&P Global Market Intelligence. The DNA testing and therapeutics company reported a disappointing quarterly report and likely fell victim to the sell-off in high-growth names last month.
How can I buy 23 and ME stock?
How to buy shares in 23andMe HoldingCompare share trading platforms. Use our comparison table to help you find a platform that fits you.Open your brokerage account. Complete an application with your details.Confirm your payment details. ... Research the stock. ... Purchase now or later. ... Check in on your investment.
Who are VG Acquisition's key executives?
VG Acquisition's management team includes the following people: Mr. Joshua Bayliss , CEO & Director (Age 47) Mr. Evan M. Lovell , CFO & Directo...
Who are some of VG Acquisition's key competitors?
Some companies that are related to VG Acquisition include FARO Technologies (FARO) , Quantum-Si (QSI) , 908 Devices (MASS) , Owlet (OWLT) , Me...
What is VG Acquisition's stock symbol?
VG Acquisition trades on the New York Stock Exchange (NYSE) under the ticker symbol "VGAC."
What is VG Acquisition's stock price today?
One share of VGAC stock can currently be purchased for approximately $2.39.
How much money does VG Acquisition make?
VG Acquisition (NYSE:VGAC) has a market capitalization of $151.93 million.
What is VG Acquisition's official website?
The official website for VG Acquisition is vgacquisition.com .
How can I contact VG Acquisition?
VG Acquisition's mailing address is 65 BLEECKER STREET 6TH FLOOR, NEW YORK NY, 10012 . The company can be reached via phone at 212-497-9050 .
"Should I invest in VGAC-U stock?" "Should I trade "VGAC-U" stock today?"
According to our live Forecast System, VGAC-U stock is a bad long-term (1-year) investment *.
What is the VGAC-U stock price / share price today?
The VGAC-U stock price is 12.000 USD today.
Will VGAC-U stock price drop / fall?
Yes. The VGAC-U stock price may drop from 12.000 USD to 7.589 USD...
Will VGAC-U stock price grow / rise / go up?
No. See above .
Will VGAC-U stock price crash?
According to our analysis, this can happen.
Will VGAC-U stock price hit 100 USD price in a year?
Not within a year. See above .
Will VGAC-U stock price hit 200 USD price in a year?
Not within a year. See above .
Will VGAC-U stock price hit 500 USD price in a year?
Not within a year. See above .
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Why VGAC SPAC stock is falling
VGAC stock has fallen more than 40 percent from its peak. The drop can be attributed to several factors. Considering that VGAC stock almost doubled on the 23andMe merger announcement, some investors have been taking profits, which caused selling pressure.
VGAC's merger date
VGAC and 23andMe haven’t set a firm merger closing date. However, the transaction is expected to close at any time between April and June. The boards on both sides back the deal. The merger still needs approval from VGAC SPAC investors.
VGAC's stock forecast
VGAC stock has traded in the $9.65–$18.16 band since its debut. It closed at $10.19 on April 5. After seeing the stock drop off sharply from its high. As the 23andMe merger date draws close, you might be wonder what VGAC's stock forecast is now.
Is VGAC stock undervalued ahead of the 23andMe merger date?
23andMe will have an enterprise value of $3.5 billion after the VGAC SPAC merger closes. It aims to generate $218 million in revenue in 2021, which gives it a NTM EV-to-sales multiple of 16x.
The VGAC-23andMe merger date
VGAC shareholders are expected to vote on Jun. 10, and the companies hope to close the business combination on Jun. 16. 23andMe stock is set to trade under a new ticker symbol, “ME”, on the Nasdaq after the merger with VGAC is completed.
23andMe stock is set to rise after the merger
23andMe stock is expected to climb higher after the merger thanks to the biotech company’s huge growth potential. The global genetic testing market is expected to grow to $21 billion by 2027 from $12 billion in 2019. Since its inception, roughly 11 million customers have signed up for 23andMe’s services.
23andMe is a good long-term investment
VGAC stock looks like a good buy based on 23andMe's growth outlook and attractive valuation. At almost 44 percent below its 52-week high, the stock offers investors exposure to 23andMe at a bargain.
23andMe versus Natera
VGAC has given 23andMe a pro forma implied equity value of $4.45 billion. Meanwhile, at VGAC’s current stock price, 23andMe is valued at around $4.56 billion. After adjusting for its pro forma $984 million net cash, it would have an EV (enterprise value) of $3.58 billion.