Closing Bell Recap: Volcon Inc (VLCN) Ends at 13.4, Reflecting a -1.25 Downturn

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Volcon Inc (NASDAQ: VLCN) closed the day trading at $13.4 down -1.25% from the previous closing price of $13.57. In other words, the price has decreased by -$1.25 from its previous closing price. On the day, 0.98 million shares were traded. VLCN stock price reached its highest trading level at $15.8 during the session, while it also had its lowest trading level at $12.89.

Ratios:

For a better understanding of VLCN, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.79 and its Current Ratio is at 5.09. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.01.

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 Aug 30 ’24 when SABBY MANAGEMENT, LLC bought 10,000 shares for $1.42 per share. The transaction valued at 14,156 led to the insider holds 774,569 shares of the business.

SABBY MANAGEMENT, LLC bought 21,998 shares of VLCN for $32,907 on Aug 28 ’24. The 10% Owner now owns 761,505 shares after completing the transaction at $1.50 per share. On Aug 29 ’24, another insider, SABBY MANAGEMENT, LLC, who serves as the 10% Owner of the company, bought 3,064 shares for $1.45 each. As a result, the insider paid 4,443 and bolstered with 764,569 shares of the company.

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 602446592 and an Enterprise Value of -9568211. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.95 while its Price-to-Book (P/B) ratio in mrq is 0.39. Its current Enterprise Value per Revenue stands at -2.559 whereas that against EBITDA is 0.383.

Stock Price History:

The Beta on a monthly basis for VLCN is -0.57, which has changed by -0.91276044 over the last 52 weeks, in comparison to a change of 0.16932249 over the same period for the S&P500. Over the past 52 weeks, VLCN has reached a high of $180.48, while it has fallen to a 52-week low of $4.40. The 50-Day Moving Average of the stock is 81.41%, while the 200-Day Moving Average is calculated to be -34.47%.

Shares Statistics:

Over the past 3-months, VLCN traded about 575.94K shares per day on average, while over the past 10 days, VLCN traded about 3464130 shares per day. A total of 0.54M shares are outstanding, with a floating share count of 0.54M. Shares short for VLCN as of 1752537600 were 15180 with a Short Ratio of 0.03, compared to 1749772800 on 26874. Therefore, it implies a Short% of Shares Outstanding of 15180 and a Short% of Float of 2.79.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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