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Lion Electric Co (NYSE: LEV) closed the day trading at $0.72 down -15.87% from the previous closing price of $0.86. In other words, the price has decreased by -$15.87 from its previous closing price. On the day, 1.29 million shares were traded. LEV stock price reached its highest trading level at $0.8135 during the session, while it also had its lowest trading level at $0.67.
Ratios:
For a better understanding of LEV, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.73 and its Current Ratio is at 2.65. In the meantime, Its Debt-to-Equity ratio is 1.05 whereas as Long-Term Debt/Eq ratio is at 0.94.
On March 27, 2023, R. F. Lafferty started tracking the stock assigning a Buy rating and target price of $7.
On March 20, 2023, BMO Capital Markets started tracking the stock assigning a Market Perform rating and target price of $2.BMO Capital Markets initiated its Market Perform rating on March 20, 2023, with a $2 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, LEV now has a Market Capitalization of 169258320 and an Enterprise Value of 536131296. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.64 while its Price-to-Book (P/B) ratio in mrq is 0.49. Its current Enterprise Value per Revenue stands at 2.108 whereas that against EBITDA is -8.745.
Stock Price History:
Over the past 52 weeks, LEV has reached a high of $2.68, while it has fallen to a 52-week low of $0.84. The 50-Day Moving Average of the stock is -26.01%, while the 200-Day Moving Average is calculated to be -48.35%.
Shares Statistics:
Over the past 3-months, LEV traded about 403.18K shares per day on average, while over the past 10 days, LEV traded about 272820 shares per day. A total of 218.08M shares are outstanding, with a floating share count of 114.74M. Insiders hold about 49.28% of the company’s shares, while institutions hold 6.33% stake in the company. Shares short for LEV as of 1721001600 were 4724538 with a Short Ratio of 11.72, compared to 1718323200 on 4720517. Therefore, it implies a Short% of Shares Outstanding of 4724538 and a Short% of Float of 4.5100003.
