Vicinity Motor Corp (NASDAQ: VEV) is -85.70% lower on its value in year-to-date trading and has touched a low of $0.09 and a high of $0.98 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 VEV stock was last observed hovering at around $0.12 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $0.12, the stock is -13.60% and -26.15% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.95 million and changing -6.24% at the moment leaves the stock -79.57% off its SMA200. VEV registered -86.38% loss for a year compared to 6-month loss of -81.27%. The firm has a 50-day simple moving average (SMA 50) of $0.15858 and a 200-day simple moving average (SMA200) of $0.573185.
The stock witnessed a -11.29% gain in the last 1 month and extending the period to 3 months gives it a -81.70%, and is -33.09% 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 8.67% over the week and 11.47% over the month.
Vicinity Motor Corp (VEV) has around 57 employees, a market worth around $5.91M and $29.63M in sales. Profit margin for the company is -60.46%. Distance from 52-week low is 27.98% and -88.05% from its 52-week high. The company has generated returns on investments over the last 12 months (-64.08%).
with sales reaching $16.37M over the same period.The EPS is expected to grow by 16.06% this year, but quarterly earnings will post 159.00% year-over-year. Quarterly sales are estimated to grow 239.90% in year-over-year returns.
Vicinity Motor Corp (VEV) Top Institutional Holders
10.0 institutions hold shares in Vicinity Motor Corp (VEV), with institutional investors hold 0.32% of the company’s shares. The shares outstanding are 50.48M, and float is at 45.83M with Short Float at 0.64%. Institutions hold 0.29% of the Float.
The top institutional shareholder in the company is GEODE CAPITAL MANAGEMENT, LLC with over 64732.0 shares valued at $33725.0. The investor’s holdings represent 0.1417% of the VEV Shares outstanding. As of 2024-06-30, the second largest holder is FEDERATION DES CAISSES DESJARDINS DU QUEBEC with 43159.0 shares valued at $24592.0 to account for 0.0945 of the shares outstanding. The other top investors are INSPIRE ADVISORS, LLC which holds 13040.0 shares representing 0.0286% and valued at over $7980.0, while NATIONAL BANK OF CANADA /FI/ holds 0.0219 of the shares totaling 10000.0 with a market value of $5328.0.
Vicinity Motor Corp (VEV) Insider Activity
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