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The closing price of Phoenix Motor Inc (NASDAQ: PEV) was $0.38 for the day, up 12.09% from the previous closing price of $0.34. In other words, the price has increased by $12.09 from its previous closing price. On the day, 7.84 million shares were traded. PEV stock price reached its highest trading level at $0.44 during the session, while it also had its lowest trading level at $0.31.
Ratios:
Our analysis of PEV’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.64 and its Current Ratio is at 3.07. In the meantime, Its Debt-to-Equity ratio is 0.45 whereas as Long-Term Debt/Eq ratio is at 0.16.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PEV now has a Market Capitalization of 14306430 and an Enterprise Value of 22713426. Its current Enterprise Value per Revenue stands at 1.05 whereas that against EBITDA is -1.178.
Stock Price History:
Over the past 52 weeks, PEV has reached a high of $1.60, while it has fallen to a 52-week low of $0.27. The 50-Day Moving Average of the stock is 7.35%, while the 200-Day Moving Average is calculated to be -26.30%.
Shares Statistics:
PEV traded an average of 1.86M shares per day over the past three months and 1268510 shares per day over the past ten days. A total of 35.40M shares are outstanding, with a floating share count of 19.59M. Insiders hold about 47.98% of the company’s shares, while institutions hold 0.51% stake in the company. Shares short for PEV as of 1734048000 were 552150 with a Short Ratio of 0.30, compared to 1731628800 on 507210. Therefore, it implies a Short% of Shares Outstanding of 552150 and a Short% of Float of 6.909999999999999.
