Sono Group N.V. (NASDAQ: SEV) is -50.24% lower on its value in year-to-date trading and has touched a low of $0.54 and a high of $8.75 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SEV stock was last observed hovering at around $0.57 in the last trading session, with the day’s loss setting it -0.08% off its average median price target of $0.95 for the next 12 months. It is also 87.07% off the consensus price target high of $3.79 offered by 5 analysts, but current levels are 42.35% higher than the price target low of $0.85 for the same period.
Currently trading at $0.49, the stock is -33.17% and -43.90% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.27 million and changing -14.04% at the moment leaves the stock -75.26% off its SMA200. SEV registered -88.05% loss for a year compared to 6-month loss of -82.31%.
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The stock witnessed a -46.15% gain in the last 1 month and extending the period to 3 months gives it a -52.43%, and is -31.94% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 14.24% over the week and 11.43% over the month.
Sono Group N.V. (SEV) has around 231 employees, a market worth around $43.58M and $0.10M in sales. Distance from 52-week low is -9.26% and -94.40% from its 52-week high.
Sono Group N.V. (SEV) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Sono Group N.V. (SEV) is a “Overweight”. 5 analysts offering their recommendations for the stock have an average rating of 2.00, where 3 rate it as a Hold and 0 think it is a “Overweight”. 2 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Sono Group N.V. is expected to release its quarterly report on 06/21/2023.The EPS is expected to shrink by -31.80% this year
Sono Group N.V. (SEV) Top Institutional Holders
The shares outstanding are 86.65M, and float is at 38.85M with Short Float at 7.82%.
Sono Group N.V. (SEV): Who are the competitors?
The company’s main competitors (and peers) include Tesla Inc. (TSLA) that is trading -29.36% down over the past 12 months and Li Auto Inc. (LI) that is 21.31% higher over the same period. Lucid Group Inc. (LCID) is -65.66% down on the 1-year trading charts.
