SPCE Stock Forecast: a New Age for Space Tourism
This SPCE stock forecast article was written by Yutong Li – Analyst at I Know First, Master's candidate at Brandeis University.
Highlights:
- SPCE’s stock has grown by 161.62% since May 2021
- The space flight on July 11th can be a big milestone for the industry if it goes successfully as expected
- Virgin Galactic has solid liquidity and solvency performances with a current ratio of 5.71 and equity-to-asset ratio of 0.56, outperforming 93% and 66% of companies in the aerospace industry
- The target price for SPCE will hit $70 for the coming year
