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.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
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
#####
