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In the latest session, GreenPower Motor Company Inc (NASDAQ: GP) closed at $1.38 down -24.18% from its previous closing price of $1.82. In other words, the price has decreased by -$24.18 from its previous closing price. On the day, 0.94 million shares were traded. GP stock price reached its highest trading level at $1.4399 during the session, while it also had its lowest trading level at $1.18.
Ratios:
For a deeper understanding of GreenPower Motor Company Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.71 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 30.25. For the most recent quarter (mrq), Quick Ratio is recorded 0.40 and its Current Ratio is at 1.86. In the meantime, Its Debt-to-Equity ratio is 0.88 whereas as Long-Term Debt/Eq ratio is at 0.26.
On November 15, 2021, ROTH Capital Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $32 to $13.
On November 02, 2020, Maxim Group started tracking the stock assigning a Buy rating and target price of $22.Maxim Group initiated its Buy rating on November 02, 2020, with a $22 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GP now has a Market Capitalization of 34510072 and an Enterprise Value of 46467192. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.70 while its Price-to-Book (P/B) ratio in mrq is 1.91. Its current Enterprise Value per Revenue stands at 0.939 whereas that against EBITDA is -3.738.
Stock Price History:
Over the past 52 weeks, GP has reached a high of $6.05, while it has fallen to a 52-week low of $1.62. The 50-Day Moving Average of the stock is -28.49%, while the 200-Day Moving Average is calculated to be -51.84%.
Shares Statistics:
For the past three months, GP has traded an average of 45.41K shares per day and 23700 over the past ten days. A total of 24.72M shares are outstanding, with a floating share count of 18.41M. Insiders hold about 26.34% of the company’s shares, while institutions hold 1.70% stake in the company. Shares short for GP as of 1713139200 were 158915 with a Short Ratio of 3.50, compared to 1710460800 on 145718. Therefore, it implies a Short% of Shares Outstanding of 158915 and a Short% of Float of 0.86.
Earnings Estimates
Currently, 3.0 analysts are dedicated to thoroughly evaluating and rating the performance of GreenPower Motor Company Inc (GP) in the stock market.On average, analysts expect EPS of -$0.17 for the current quarter, with a high estimate of -$0.15 and a low estimate of -$0.19, while EPS last year was -$0.16. The consensus estimate for the next quarter is -$0.15, with high estimates of -$0.14 and low estimates of -$0.17.
Analysts are recommending an EPS of between -$0.62 and -$0.64 for the fiscal current year, implying an average EPS of -$0.63. EPS for the following year is -$0.43, with 3.0 analysts recommending between -$0.4 and -$0.45.
Revenue Estimates
A total of 3 analysts believe the company’s revenue will be $7.6M this quarter.It ranges from a high estimate of $9.6M to a low estimate of $4.2M. As of the current estimate, GreenPower Motor Company Inc’s year-ago sales were $15.35MFor the next quarter, 3 analysts are estimating revenue of $9.7M. There is a high estimate of $10.6M for the next quarter, whereas the lowest estimate is $8.5M.
A total of 3 analysts have provided revenue estimates for GP’s current fiscal year. The highest revenue estimate was $43.8M, while the lowest revenue estimate was $38.3M, resulting in an average revenue estimate of $41.77M. In the same quarter a year ago, actual revenue was $39.7MBased on 3 analysts’ estimates, the company’s revenue will be $62.57M in the next fiscal year. The high estimate is $67.4M and the low estimate is $60M.
