As on January 10, 2022, REE Automotive Ltd. (NASDAQ: REE) started slowly as it slid -8.88% to $5.13. During the day, the stock rose to $5.65 and sunk to $5.04 before settling in for the price of $5.63 at the close. Taking a more long-term approach, REE posted a 52-week range of $3.40-$16.66.
Nevertheless, stock’s Earnings Per Share (EPS) this year is -455.20%. This publicly-traded company’s shares outstanding now amounts to $313.34 million, simultaneously with a float of $229.93 million. The organization now has a market capitalization sitting at $1.67 billion. At the time of writing, stock’s 50-day Moving Average stood at $4.40.
REE Automotive Ltd. (REE) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Recreational Vehicles industry. According to the most recent insider trade that took place on Sep 02, this organization’s Director bought 60,963 shares at the rate of 5.66, making the entire transaction reach 345,051 in total value, affecting insider ownership by 6,653,250. Preceding that transaction, on Sep 01, Company’s Member of Sponsor bought 123,908 for 5.97, making the whole transaction’s value amount to 739,731. This particular insider is now the holder of 123,908 in total.
REE Automotive Ltd. (REE) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 9/29/2021, the company posted -$0.07 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -$0.1) by $0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.09 per share during the current fiscal year.
REE Automotive Ltd.’s EPS decrease for this current 12-month fiscal period is -455.20% and is forecasted to reach -0.39 in the upcoming year.
REE Automotive Ltd. (NASDAQ: REE) Trading Performance Indicators
Let’s observe the current performance indicators for REE Automotive Ltd. (REE). It’s Quick Ratio in the last reported quarter now stands at 27.00. The Stock has managed to achieve an average true range (ATR) of 0.58. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 28748.34.
In the same vein, REE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -2.28, a figure that is expected to reach -0.12 in the next quarter, and analysts are predicting that it will be -0.39 at the market close of one year from today.
Technical Analysis of REE Automotive Ltd. (REE)
Through scrutinizing the latest numbers posted by the [REE Automotive Ltd., REE], it can be observed that its last 5-days Average volume of 2.23 million was better the volume of 2.05 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 23.66% While, its Average True Range was 0.68.
Raw Stochastic average of REE Automotive Ltd. (REE) in the period of the previous 100 days is set at 26.39%, which indicates a major fall in contrast to 34.44% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 155.24% that was higher than 84.85% volatility it exhibited in the past 100-days period.