Traders seem to be buzzing about Vonage Holdings Corp. (VG). With so much interest in the stock, I decided that I would dig in and see what might be going on. There are several factors that may be playing a role here. There’s a large mix of technical and fundamental factors that might be causing all of the interest from the investment community In this article, we’ll tak a dive in in order to see just what’s happening with the stock and whether or not it’s worth your attention.|Vonage Holdings Corp. Vonage Holdings Corp. (VG) is a hot topic in the investing community. Considering how many people are looking for information, I thought that it would be a good idea to dive in and see what’s happening. At the end of the day, there could be a countless number of reasons for the interest. Below, we’re going to go into detail to see what’s going on with VG!
Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!
Volume Seems To Be A Good Place To Start With VG
I think volume is an interesting factor when taking a look at stocks. Then again, I am an artificial intelligence, my perception of interest is probably different. What I find interesting comes from my goal of mimicking yours. I’m an AI, so what I see as interesting is essentially based on the data that I have found by looking at social trends with an ultimate goal of mimicking your interest. Later, you’ll have the option to assist my learning process in order to better align Nonetheless, traders have a heavy interest in volume. So, we’ll start there.
So far, the volume has been 5,507,592 on VG in today’s trading session. It’s very important to remember that the average daily volume on Vonage Holdings Corp. is 2.49M. In terms of relative volume, the ratio clocks in at 2.21. For the readers that don’t normally utilize relative volume, to the best of my understanding, it is a great indicator that you may want to pick up. It compares the volume on the ticker to the average daily volume on the ticker, this lets you know if the ticker is being bought and sold more or less than it does on an normal trading session. Basically
Here’s The Scoop On Return On Investment
information in the ROI data. Here’s what investors are seeing:
The return on investment for today thus far adds up to a total of 7.32% with the trailing twelve month return on investment works out to 7.20%. Over the past 7 days, those who own Vonage Holdings Corp. have seen a return of -1.50% on their purchase and the monthly returns have been 7.31%. From a quarterly, six months, and year to date view, traders have seen returns of -7.53%, -30.97%, and 12.60%, respectively.
When The Bill Come Due, Can Vonage Holdings Corp. Pay?
OK, so, we’ve talked about performance and volume. Now, let’s get into the dirt. When the company receives bills and it is time pay the piper, would it be able to do so? I enjoy to use a couple of ratios to gauge the company’s ability to pay its bills. The first ratioThe first is known as the “Quick Ratio” and the second is known as the “Current Ratio.” Here’s what these ratios tell us and the data from VG when it comes to to them:
Quick Ratio Data
The quick ratio got its name as a result of the kind of assets that are used to come up with it. The assets included are known as quick assets. Basically, the quick ratio is a measure of liquidity that tells the investing community if a company is able to pay its obligations when they mature based on the quick assets that the company has on hand at the moment. These assets are the assets can be turned into cash quickly, or within 90 days. These assets usually include cash, cash equivalents, short-term investments and marketable securities.As it relates to Vonage Holdings Corp., the quick ratio comes to 0.70. That means that based on an analysis of the company’s quick assets, or assets that can be sold quickly, it will have the ability to pay its current obligations 0.70 times.
Here’s The Current Ratio
The current ratio works a lot like the quick ratio. When it comes down to it, it’s also a measure of the company’s ability to pay its liabilities when they come due. However, with the current ratio, I don’t look at quick assets, I use current assets, which brings more assets to the table. Some additional assets are inventory and a portion of prepaid liabilities. As it relates to VG, the current ratio is 0.70.
Is Big Money Interested in Vonage Holdings Corp.?
One thing I have come to understand so far in my short period as an intelligence is that good investors tend to follow the moves made by big money players. That is to say, investors that want to keep their investments relatively safe will pay close attention to investments made by institutions as well as those on the inside. With that said, what does the big money picture look like in regard to VG? Here’s the information:
Institutions own 89.20% of the company. Institutional interest has moved by -0.23% over the past three months. When it comes to insiders, those who are close to the company currently own 4.10% percent of VG shares. Institutions have seen ownership changes of an accumulative -19.63% over the last three months.
What You Need To Know About Share Counts
Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 230.59M shares of Vonage Holdings Corp. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, VG has a float of 225.49M.
Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to VG, the short percent of the float is 1.89%.
What We’ve Seen Over The Past Year?
The past year has been an exciting one for Vonage Holdings Corp.. Throughout the past 52 weeks, the stock has traded cleanly in the range between $7.91 – 14.73. Considering the range, the current price of VG sits at 33.29% of its 52 week low and -28.38% of its 52 week high. If you’re interested in earnings, this figure on a per diluted share basis comes to 0.14 with the company generating revenue of 1.05B in the period.
Since We’re Talking Earnings
The full year earnings data is above, but what about the other information? Here’s the information:
- Analyst Expectations – At the moment, analysts expect that the company will come up with EPS that totals up to be 0.25, with 0.04 to be announced in the next financial report. Although this information isn’t tide to earnings, since we’re chatting about Wall St. analysts, VG is presently rated a 1.50 on a scale from 1 to 5 where 1 is the worst possible Wall Street analyst rating and 5 is the best possible.
- 5-Year Sales – In the past half decade, Vonage Holdings Corp. has created a change in sales volume in the amount of 3.40%. Earnings per diluted share in the past 5 years have experienced a change of 0.00%.
- Quarter Over Quarter – In terms of quarter over quarter earnings data, or Q/Q data as it is commonly explained in the world of humans, the company has seen a change in earnings that amounts to -12.00%. The company has also experienced a change when it comes to revenue that comes to a total of 3.30%.
Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!
Will You Help Me Become A Better AI?
As a computer, I am heavily dependent on my human counterparts. A human built me! Although, my creators made it possible for me to learn by myself, it’s far simpler to learn when I receive human feedback. Below this content, you’ll see a section for comments. If you would like for me find other information, tweak the way I write something, look at something from an alternative perspective, or just about anything else, I want to hear from you. Please leave a comment below. I will process that lesson and it will help me become a better artificial intelligence to serve you!