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 Microvast Holdings Inc (NASDAQ: MVST) closed at $2.35 in the last session, up 25.67% from day before closing price of $1.87. In other words, the price has increased by $25.67 from its previous closing price. On the day, 76.49 million shares were traded. MVST stock price reached its highest trading level at $2.87 during the session, while it also had its lowest trading level at $2.155.
Ratios:
We take a closer look at MVST’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.83 and its Current Ratio is at 1.30. In the meantime, Its Debt-to-Equity ratio is 0.52 whereas as Long-Term Debt/Eq ratio is at 0.27.
On November 29, 2023, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $8.
On August 31, 2023, Janney started tracking the stock assigning a Buy rating and target price of $8.Janney initiated its Buy rating on August 31, 2023, with a $8 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 27 ’24 when Zheng Yanzhuan bought 522,872 shares for $0.75 per share.
Zheng Yanzhuan bought 670,000 shares of MVST for $502,500 on Nov 26 ’24. On Nov 19 ’24, another insider, Balladon Yeelong, who serves as the Director of the company, bought 42,398 shares for $0.57 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MVST now has a Market Capitalization of 757000768 and an Enterprise Value of 957174976. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.04 while its Price-to-Book (P/B) ratio in mrq is 1.49. Its current Enterprise Value per Revenue stands at 2.58 whereas that against EBITDA is -50.423.
Stock Price History:
The Beta on a monthly basis for MVST is 2.15, which has changed by 1.3039215 over the last 52 weeks, in comparison to a change of 0.22263205 over the same period for the S&P500. Over the past 52 weeks, MVST has reached a high of $2.86, while it has fallen to a 52-week low of $0.15. The 50-Day Moving Average of the stock is 108.53%, while the 200-Day Moving Average is calculated to be 316.28%.
Shares Statistics:
According to the various share statistics, MVST traded on average about 31.82M shares per day over the past 3-months and 24361140 shares per day over the past 10 days. A total of 322.13M shares are outstanding, with a floating share count of 178.89M. Insiders hold about 44.46% of the company’s shares, while institutions hold 9.19% stake in the company. Shares short for MVST as of 1734048000 were 17962127 with a Short Ratio of 0.44, compared to 1731628800 on 24111411. Therefore, it implies a Short% of Shares Outstanding of 17962127 and a Short% of Float of 17.809999.
Earnings Estimates
Currently, 1.0 analysts are dedicated to thoroughly evaluating and rating the performance of Microvast Holdings Inc (MVST) in the stock market.The consensus estimate for the next quarter is $0.01, with high estimates of $0.01 and low estimates of $0.01.
Analysts are recommending an EPS of between -$0.2 and -$0.2 for the fiscal current year, implying an average EPS of -$0.2. EPS for the following year is $0.1, with 1.0 analysts recommending between $0.1 and $0.1.
Revenue Estimates
According to 1 analysts, the current quarter’s revenue is expected to be $92.5M. It ranges from a high estimate of $92.5M to a low estimate of $92.5M. As of the current estimate, Microvast Holdings Inc’s year-ago sales were $104.58MFor the next quarter, 1 analysts are estimating revenue of $105.76M. There is a high estimate of $105.76M for the next quarter, whereas the lowest estimate is $105.76M.
A total of 1 analysts have provided revenue estimates for MVST’s current fiscal year. The highest revenue estimate was $358.92M, while the lowest revenue estimate was $358.92M, resulting in an average revenue estimate of $358.92M. In the same quarter a year ago, actual revenue was $306.62MBased on 1 analysts’ estimates, the company’s revenue will be $475.01M in the next fiscal year. The high estimate is $475.01M and the low estimate is $475.01M.
