Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The price of Envirotech Vehicles Inc (NASDAQ: EVTV) closed at $1.12 in the last session, up 0.90% from day before closing price of $1.11. In other words, the price has increased by $0.90 from its previous closing price. On the day, 1.0 million shares were traded. EVTV stock price reached its highest trading level at $1.3699 during the session, while it also had its lowest trading level at $1.07.
Ratios:
We take a closer look at EVTV’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.20 and its Current Ratio is at 0.97. In the meantime, Its Debt-to-Equity ratio is 2.21 whereas as Long-Term Debt/Eq ratio is at 0.19.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EVTV now has a Market Capitalization of 5409057 and an Enterprise Value of 9304155. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.46 while its Price-to-Book (P/B) ratio in mrq is 2.54. Its current Enterprise Value per Revenue stands at 2.517 whereas that against EBITDA is -0.759.
Stock Price History:
The Beta on a monthly basis for EVTV is 0.55, which has changed by -0.9201439 over the last 52 weeks, in comparison to a change of 0.12838376 over the same period for the S&P500. Over the past 52 weeks, EVTV has reached a high of $14.50, while it has fallen to a 52-week low of $0.98. The 50-Day Moving Average of the stock is -14.75%, while the 200-Day Moving Average is calculated to be -43.14%.
Shares Statistics:
According to the various share statistics, EVTV traded on average about 339.29K shares per day over the past 3-months and 25470 shares per day over the past 10 days. A total of 4.83M shares are outstanding, with a floating share count of 4.45M. Insiders hold about 7.90% of the company’s shares, while institutions hold 1.91% stake in the company. Shares short for EVTV as of 1764288000 were 111599 with a Short Ratio of 0.33, compared to 1761868800 on 97011. Therefore, it implies a Short% of Shares Outstanding of 111599 and a Short% of Float of 2.5100000000000002.
