REE Automotive Ltd. (NASDAQ: REE) open the trading on November 23, 2022, with great promise as it jumped 9.81% to $0.54. During the day, the stock rose to $0.6101 and sunk to $0.50 before settling in for the price of $0.49 at the close. Taking a more long-term approach, REE posted a 52-week range of $0.47-$7.49.
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Nevertheless, stock’s Earnings Per Share (EPS) this year is -628.30%. This publicly-traded company’s shares outstanding now amounts to $327.17 million, simultaneously with a float of $205.72 million. The organization now has a market capitalization sitting at $190.67 million. At the time of writing, stock’s 50-day Moving Average stood at $0.6889, while the 200-day Moving Average is $1.4565.
While finding the extent of efficiency of the company that is accounted for 270 employees. For the Profitability, stocks gross margin was -16483.33, operating margin was -8591600.00 and Pretax Margin of -8400816.67.
REE Automotive Ltd. (REE) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Recreational Vehicles industry. REE Automotive Ltd.’s current insider ownership accounts for 17.32%, in contrast to 23.40% institutional ownership.
REE Automotive Ltd. (REE) Earnings and Revenue Records
So, what does the last quarter earnings report of the company that was made public on 6/29/2022 suggests? It has posted -$0.07 earnings per share (EPS) beating the forecaster’s viewpoint (set at -$0.11) by $0.04. This company achieved a net margin of -8422166.67 while generating a return on equity of -226.89. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.1 per share during the current fiscal year.
REE Automotive Ltd.’s EPS decrease for this current 12-month fiscal period is -628.30% and is forecasted to reach -0.32 in the upcoming year.
REE Automotive Ltd. (NASDAQ: REE) Trading Performance Indicators
Let’s observe the current performance indicators for REE Automotive Ltd. (REE). The Stock has managed to achieve an average true range (ATR) of 0.08.
In the same vein, REE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.90, a figure that is expected to reach -0.10 in the next quarter, and analysts are predicting that it will be -0.32 at the market close of one year from today.
Technical Analysis of REE Automotive Ltd. (REE)
[REE Automotive Ltd., REE] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 11.62% While, its Average True Range was 0.0932.