Market Insights: Microvast Holdings Inc (MVST)’s Notable Gain of 3.02, Closing at 2.05

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As of close of business last night, Microvast Holdings Inc’s stock clocked out at $2.05, up 3.02% from its previous closing price of $1.99. In other words, the price has increased by $3.02 from its previous closing price. On the day, 8.1 million shares were traded. MVST stock price reached its highest trading level at $2.22 during the session, while it also had its lowest trading level at $2.04.

Ratios:

To gain a deeper understanding of MVST’s stock, we examine its different ratios. 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:

Investing in insider trades can also provide an investor with insight into how management views future 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 660362368 and an Enterprise Value of 860030336. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.78 while its Price-to-Book (P/B) ratio in mrq is 1.30. Its current Enterprise Value per Revenue stands at 2.318 whereas that against EBITDA is -45.305.

Stock Price History:

The Beta on a monthly basis for MVST is 2.15, which has changed by 1.0729167 over the last 52 weeks, in comparison to a change of 0.23147523 over the same period for the S&P500. Over the past 52 weeks, MVST has reached a high of $2.87, while it has fallen to a 52-week low of $0.15. The 50-Day Moving Average of the stock is 70.88%, while the 200-Day Moving Average is calculated to be 255.71%.

Shares Statistics:

It appears that MVST traded 33.74M shares on average per day over the past three months and 22069080 shares per day over the past ten 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 1735603200 were 13938333 with a Short Ratio of 0.41, compared to 1732838400 on 13528505. Therefore, it implies a Short% of Shares Outstanding of 13938333 and a Short% of Float of 13.819999999999999.

Earnings Estimates

The current rating of Microvast Holdings Inc (MVST) is the result of assessments by 1.0 analysts actively engaged in evaluating its market dynamics.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

In the current quarter, 1 analysts expect revenue to total $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 $475M in the next fiscal year. The high estimate is $475M and the low estimate is $475M.

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