Lightning eMotors Inc. (NYSE: ZEV) kicked off on June 23, 2022, at the price of $3.30, up 21.73% from the previous trading day. During the day, the shares moved up to $3.81 and dropped to $3.16 before settling in for the closing price of $3.13. Over the past 52 weeks, ZEV has traded in a range of $2.76-$12.13.
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While this was happening, its average annual earnings per share was recorded -199.90%. With a float of $73.23 million, this company’s outstanding shares have now reached $75.13 million.
The firm has a total of 205 workers. Let’s measure their productivity. In terms of profitability, gross margin is -28.55, operating margin of -200.76, and the pretax margin is -480.04.
Lightning eMotors Inc. (ZEV) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Farm & Heavy Construction Machinery Industry. The insider ownership of Lightning eMotors Inc. is 17.50%, while institutional ownership is 13.70%. The most recent insider transaction that took place on Jun 09, was worth 103,646. In this transaction 10% Owner of this company sold 29,698 shares at a rate of $3.49, taking the stock ownership to the 11,140,989 shares.
Lightning eMotors Inc. (ZEV) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 3/30/2022, the organization reported -$0.14 earnings per share (EPS), higher than consensus estimate (set at -$0.24) by $0.1. This company achieved a net margin of -480.04 while generating a return on equity of -92.15. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.28 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -199.90% per share during the next fiscal year.
Lightning eMotors Inc. (NYSE: ZEV) Trading Performance Indicators
Take a look at Lightning eMotors Inc.’s (ZEV) current performance indicators. Last quarter, stock had a quick ratio of 9.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 13.25.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.15, a number that is poised to hit -0.32 in the next quarter and is forecasted to reach -0.77 in one year’s time.
Technical Analysis of Lightning eMotors Inc. (ZEV)
Analysing the last 5-days average volume posted by the [Lightning eMotors Inc., ZEV], we can find that recorded value of 0.9 million was lower than the volume posted last year of 0.92 million. As of the previous 9 days, the stock’s Stochastic %D was 58.91%. Additionally, its Average True Range was 0.32.
During the past 100 days, Lightning eMotors Inc.’s (ZEV) raw stochastic average was set at 31.84%, which indicates a significant decrease from 77.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 123.11% in the past 14 days, which was higher than the 95.94% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.92, while its 200-day Moving Average is $6.01. Now, the first resistance to watch is $4.03. This is followed by the second major resistance level at $4.24. The third major resistance level sits at $4.68. If the price goes on to break the first support level at $3.38, it is likely to go to the next support level at $2.94. Now, if the price goes above the second support level, the third support stands at $2.73.
Lightning eMotors Inc. (NYSE: ZEV) Key Stats
The company with the Market Capitalisation of 288.87 million has total of 75,551K Shares Outstanding. Its annual sales at the moment are 20,990 K in contrast with the sum of -100,770 K annual income. Company’s last quarter sales were recorded 5,410 K and last quarter income was -10,760 K.