Market Highlights: Envirotech Vehicles Inc (EVTV) Ends on a Low Note at 0.17

In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.

The price of Envirotech Vehicles Inc (NASDAQ: EVTV) closed at $0.17 in the last session, down -3.77% from day before closing price of $0.18. In other words, the price has decreased by -$3.77 from its previous closing price. On the day, 0.66 million shares were traded. EVTV stock price reached its highest trading level at $0.178 during the session, while it also had its lowest trading level at $0.165.

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 0.33 and its Current Ratio is at 1.28. In the meantime, Its Debt-to-Equity ratio is 0.56 whereas as Long-Term Debt/Eq ratio is at 0.00.

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 4327995 and an Enterprise Value of 9532224. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.62 while its Price-to-Book (P/B) ratio in mrq is 0.42. Its current Enterprise Value per Revenue stands at 5.777 whereas that against EBITDA is -1.168.

Stock Price History:

The Beta on a monthly basis for EVTV is 2.73, which has changed by -0.8969512 over the last 52 weeks, in comparison to a change of 0.11708844 over the same period for the S&P500. Over the past 52 weeks, EVTV has reached a high of $2.61, while it has fallen to a 52-week low of $0.15. The 50-Day Moving Average of the stock is -19.66%, while the 200-Day Moving Average is calculated to be -79.92%.

Shares Statistics:

According to the various share statistics, EVTV traded on average about 799.03K shares per day over the past 3-months and 1197430 shares per day over the past 10 days. A total of 23.11M shares are outstanding, with a floating share count of 19.18M. Insiders hold about 25.29% of the company’s shares, while institutions hold 3.82% stake in the company. Shares short for EVTV as of 1749772800 were 983568 with a Short Ratio of 1.23, compared to 1747267200 on 412238. Therefore, it implies a Short% of Shares Outstanding of 983568 and a Short% of Float of 4.5300003.