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Vertical Aerospace (NYSE:EVTL) Trading Down 13.2% - What's Next?

Vertical Aerospace logo with Aerospace background

Vertical Aerospace Ltd. (NYSE:EVTL - Get Free Report)'s share price fell 13.2% during trading on Friday . The stock traded as low as $4.45 and last traded at $4.72. 67,479 shares were traded during trading, an increase of 88% from the average session volume of 35,963 shares. The stock had previously closed at $5.44.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on EVTL shares. Canaccord Genuity Group reissued a "buy" rating and issued a $150.00 price target on shares of Vertical Aerospace in a report on Friday, September 13th. Deutsche Bank Aktiengesellschaft raised shares of Vertical Aerospace from a "hold" rating to a "buy" rating and boosted their price target for the company from $100.00 to $150.00 in a report on Tuesday, July 23rd.

Check Out Our Latest Report on EVTL

Vertical Aerospace Price Performance

The firm's fifty day moving average price is $21.39 and its 200-day moving average price is $59.46.

Vertical Aerospace Company Profile

(Get Free Report)

Vertical Aerospace Ltd., an aerospace and technology company, engages in designing, manufacturing, and selling zero operating emission electric vertical takeoff and landing (eVTOL) aircraft for use in the advanced air mobility in the United Kingdom. It offers VX4, an eVTOL aircraft. Vertical Aerospace Ltd.

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