June 23, 2022, Arcimoto Inc. (NASDAQ: FUV) trading session started at the price of $3.20, that was 16.05% jump from the session before. During the day, the shares moved up to $3.84 and dropped to $3.20 before settling in for the closing price of $3.24. A 52-week range for FUV has been $3.05 – $18.77.
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When this article was written, the company’s average yearly earnings per share was at -104.40%. With a float of $29.89 million, this company’s outstanding shares have now reached $37.97 million.
In an organization with 273 employees, it is important to assess its efficiency. In terms of profitability, gross margin is -290.97, operating margin of -1021.78, and the pretax margin is -1151.28.
Arcimoto Inc. (FUV) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Arcimoto Inc. stocks. The insider ownership of Arcimoto Inc. is 20.30%, while institutional ownership is 26.80%.
Arcimoto Inc. (FUV) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 12/30/2021, it has been observed that the corporation posted -$0.61 earnings per share (EPS) during the time that was less than consensus figure (set at -$0.24) by -$0.37. This company achieved a net margin of -1084.39 while generating a return on equity of -93.97. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.3 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -104.40% per share during the next fiscal year.
Arcimoto Inc. (NASDAQ: FUV) Trading Performance Indicators
You can see what Arcimoto Inc. (FUV) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.30. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 39.97.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.49, a number that is poised to hit -0.30 in the next quarter and is forecasted to reach -0.62 in one year’s time.
Technical Analysis of Arcimoto Inc. (FUV)
Let’s dig in a bit further. During the last 5-days, its volume was 0.81 million. That was inferior than the volume of 0.85 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 33.65%. Additionally, its Average True Range was 0.38.
During the past 100 days, Arcimoto Inc.’s (FUV) raw stochastic average was set at 14.88%, which indicates a significant decrease from 68.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 116.12% in the past 14 days, which was higher than the 106.48% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.80, while its 200-day Moving Average is $7.42. However, in the short run, Arcimoto Inc.’s stock first resistance to watch stands at $4.00. Second resistance stands at $4.24. The third major resistance level sits at $4.64. If the price goes on to break the first support level at $3.36, it is likely to go to the next support level at $2.96. The third support level lies at $2.72 if the price breaches the second support level.
Arcimoto Inc. (NASDAQ: FUV) Key Stats
There are 38,780K outstanding shares of the company, which has a market capitalization of 143.90 million. As of now, sales total 4,390 K while income totals -47,560 K. Its latest quarter income was 650 K while its last quarter net income were -12,950 K.
