After finishing at $0.73 in the prior trading day, Volcon Inc. (NASDAQ: VLCN) closed at $0.67, down -7.36%. In other words, the price has decreased by -$0.0536 from its previous closing price. On the day, 682635 shares were traded. VLCN stock price reached its highest trading level at $0.7199 during the session, while it also had its lowest trading level at $0.6010.
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Ratios:
Our goal is to gain a better understanding of VLCN by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.40 and its Current Ratio is at 0.70.
Upgrades & Downgrades
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 31 when Davis Stephanie Michelle bought 3,650 shares for $1.35 per share. The transaction valued at 4,928 led to the insider holds 3,650 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VLCN now has a Market Capitalization of 29.78M and an Enterprise Value of 46.24M. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.71. Its current Enterprise Value per Revenue stands at 10.20 whereas that against EBITDA is -1.66.
Stock Price History:
Over the past 52 weeks, VLCN has reached a high of $3.45, while it has fallen to a 52-week low of $0.70. The 50-Day Moving Average of the stock is 1.3163, while the 200-Day Moving Average is calculated to be 1.5859.
Shares Statistics:
The stock has traded on average 91.85K shares per day over the past 3-months and 309.6k shares per day over the last 10 days, according to various share statistics. A total of 24.54M shares are outstanding, with a floating share count of 10.56M. Insiders hold about 28.91% of the company’s shares, while institutions hold 4.20% stake in the company. Shares short for VLCN as of Apr 27, 2023 were 180.32k with a Short Ratio of 0.18M, compared to 167.24k on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 0.73% and a Short% of Float of 1.03%.
Earnings Estimates
Its stock is currently analyzed by 1 different market analysts. On average, analysts expect EPS of -$0.34 for the current quarter, with a high estimate of -$0.34 and a low estimate of -$0.34, while EPS last year was -$0.41. The consensus estimate for the next quarter is -$0.3, with high estimates of -$0.3 and low estimates of -$0.3.
Analysts are recommending an EPS of between -$1.27 and -$1.27 for the fiscal current year, implying an average EPS of -$1.27. EPS for the following year is -$0.99, with 1 analysts recommending between -$0.99 and -$0.99.
Revenue Estimates
1 analysts predict $1.9M in revenue for the current quarter. It ranges from a high estimate of $1.9M to a low estimate of $1.9M. As of the current estimate, Volcon Inc.’s year-ago sales were $2.37M, an estimated decrease of -19.80% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $2.35M, an increase of 867.10% over than the figure of -$19.80% in the same quarter last year. There is a high estimate of $2.35M for the next quarter, whereas the lowest estimate is $2.35M.
A total of 1 analysts have provided revenue estimates for VLCN’s current fiscal year. The highest revenue estimate was $8.3M, while the lowest revenue estimate was $8.3M, resulting in an average revenue estimate of $8.3M. In the same quarter a year ago, actual revenue was $4.55M, up 82.50% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $25.04M in the next fiscal year. The high estimate is $25.04M and the low estimate is $25.04M. The average revenue growth estimate for next year is up 201.70% from the average revenue estimate for this year.
