Beam Global (NASDAQ: BEEM) is -51.70% lower on its value in year-to-date trading and has touched a low of $1.33 and a high of $6.50 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 BEEM stock was last observed hovering at around $2.56 in the last trading session, with the day’s gains setting it 0.42%.
Currently trading at $2.98, the stock is 63.69% and 74.72% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.47 million and changing 16.41% at the moment leaves the stock 9.63% off its SMA200. BEEM registered -5.99% loss for a year compared to 6-month loss of -8.02%. The firm has a 50-day simple moving average (SMA 50) of $1.6746 and a 200-day simple moving average (SMA200) of $2.728.
The stock witnessed a 105.52% gain in the last 1 month and extending the period to 3 months gives it a 105.52%, and is 57.67% 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 19.90% over the week and 10.94% over the month.
Beam Global (BEEM) has around 276 employees, a market worth around $45.97M and $41.10M in sales. Profit margin for the company is -57.83%. Distance from 52-week low is 124.06% and -54.15% from its 52-week high. The company has generated returns on investments over the last 12 months (-85.62%).
The EPS is expected to shrink by -87.27% this year.
Beam Global (BEEM) Top Institutional Holders
50.0 institutions hold shares in Beam Global (BEEM), with institutional investors hold 14.89% of the company’s shares. The shares outstanding are 15.04M, and float is at 13.82M with Short Float at 12.66%. Institutions hold 13.37% of the Float.
The top institutional shareholder in the company is AWM INVESTMENT COMPANY, INC. with over 0.95 million shares valued at $4.38 million. The investor’s holdings represent 6.5385% of the BEEM Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 0.62 million shares valued at $2.84 million to account for 4.2359 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 0.19 million shares representing 1.277% and valued at over $0.86 million, while GEODE CAPITAL MANAGEMENT, LLC holds 0.9682 of the shares totaling 0.14 million with a market value of $0.65 million.
Beam Global (BEEM) Insider Activity
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