Canoo Inc (NASDAQ: GOEV) flaunted slowness of -2.07% at $2.37, before settling in for the price of $2.42 at the close. Taking a more long-term approach, GOEV posted a 52-week range of $1.22-$19.50.
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The Consumer Cyclical Sector giants’ yearly sales growth during the last 5-year period was -20.00%. Meanwhile, its Annual Earning per share during the time was -482.58%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 63.76%. This publicly-traded company’s shares outstanding now amounts to $64.40 million, simultaneously with a float of $57.10 million. The organization now has a market capitalization sitting at $152.63 million. At the time of writing, stock’s 50-day Moving Average stood at $2.94, while the 200-day Moving Average is $7.53.
Canoo Inc (GOEV) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Canoo Inc industry. Canoo Inc’s current insider ownership accounts for 11.33%, in contrast to 5.82% institutional ownership. According to the most recent insider trade that took place on Feb 07 ’24, this organization’s GENERAL COUNSEL, CORP SECY sold 745 shares at the rate of 0.16, making the entire transaction reach 119 in total value, affecting insider ownership by 283,355. Preceding that transaction, on Jan 24 ’24, Company’s SVP and CAO sold 1,217 for 0.18, making the whole transaction’s value amount to 219. This particular insider is now the holder of 283,669 in total.
Canoo Inc (GOEV) Earnings and Revenue Records
Going through the last 3-months fiscal report unveiled on the 12/30/2023, it has been observed that the corporation posted -$0.92 earnings per share (EPS) during the time that was better the consensus figure (set at -$1.77) by $0.85. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.81 per share during the current fiscal year.
Canoo Inc’s EPS increase for this current 12-month fiscal period is 63.76% and is forecasted to reach -3.28 in the upcoming year.
Canoo Inc (NASDAQ: GOEV) Trading Performance Indicators
Let’s observe the current performance indicators for Canoo Inc (GOEV). It’s Quick Ratio in the last reported quarter now stands at 0.14. The Stock has managed to achieve an average true range (ATR) of 0.54. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 171.49.
In the same vein, GOEV’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -5.39, a figure that is expected to reach -1.16 in the next quarter, and analysts are predicting that it will be -3.28 at the market close of one year from today.
Technical Analysis of Canoo Inc (GOEV)
Now, what If we examine the latest scores posted by [Canoo Inc, GOEV]. During the last 5-days, its volume was lower the volume of 7.83 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 15.93% While, its Average True Range was 0.52.
Raw Stochastic average of Canoo Inc (GOEV) in the period of the previous 100 days is set at 15.15%, which indicates a major rise in contrast to 9.63% 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 213.99% that was higher than 166.44% volatility it exhibited in the past 100-days period.
