Envirotech Vehicles Inc (NASDAQ: EVTV) is -86.71% lower on its value in year-to-date trading and has touched a low of $0.15 and a high of $2.61 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 EVTV stock was last observed hovering at around $0.17 in the last trading session, with the day’s gains setting it 691.72%.
Currently trading at $691.89K, the stock is -4.19% and -19.62% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.95 million and changing 952260% at the moment leaves the stock -80.25% off its SMA200. EVTV registered -85.50% loss for a year compared to 6-month loss of -85.85%. The firm has a 50-day simple moving average (SMA 50) of $0.21822 and a 200-day simple moving average (SMA200) of $0.88808.
The stock witnessed a -11.86% gain in the last 1 month and extending the period to 3 months gives it a -30.34%, and is 3.24% up 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 11.34% over the week and 10.60% over the month.
Envirotech Vehicles Inc (EVTV) has around 22 employees, a market worth around $4.51M and $1.65M in sales. Profit margin for the company is -1112.21%. Distance from 52-week low is 16.93% and -93.28% from its 52-week high. The company has generated returns on investments over the last 12 months (-200.07%).
24.0 institutions hold shares in Envirotech Vehicles Inc (EVTV), with institutional investors hold 4.92% of the company’s shares. The shares outstanding are 23.11M, and float is at 19.18M with Short Float at 5.13%. Institutions hold 3.86% of the Float.