Vicinity Motor Corp (NASDAQ: VEV) kicked off on Tuesday, up 5.61% from the previous trading day, before settling in for the closing price of $0.14. Over the past 52 weeks, VEV has traded in a range of $0.09-$0.98.
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Consumer Cyclical Sector giant saw their annual sales surged by 0.20% over the last five years. While this was happening, its average annual earnings per share was recorded 16.06%. With a float of $45.83 million, this company’s outstanding shares have now reached $50.48 million.
The firm has a total of 57 workers. Let’s measure their productivity.
Vicinity Motor Corp (VEV) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Auto Manufacturers Industry. The insider ownership of Vicinity Motor Corp is 9.21%, while institutional ownership is 0.94%.
Vicinity Motor Corp (VEV) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 3/31/2024, the organization reported -0.02 earnings per share (EPS), higher than consensus estimate (set at -0.06) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.1 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 16.06% per share during the next fiscal year.
Vicinity Motor Corp (NASDAQ: VEV) Trading Performance Indicators
Take a look at Vicinity Motor Corp’s (VEV) current performance indicators. Last quarter, stock had a quick ratio of 0.33. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.24.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.39, a number that is poised to hit -0.10 in the next quarter and is forecasted to reach -0.01 in one year’s time.
Technical Analysis of Vicinity Motor Corp (VEV)
Analysing the last 5-days average volume posted by the [Vicinity Motor Corp, VEV], we can find that recorded value of 0.45 million was lower than the volume posted last year of 2.94 million. As of the previous 9 days, the stock’s Stochastic %D was 63.77%. Additionally, its Average True Range was 0.02.
During the past 100 days, Vicinity Motor Corp’s (VEV) raw stochastic average was set at 6.27%, which indicates a significant decrease from 81.65% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 124.03% in the past 14 days, which was lower than the 259.43% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.1978, while its 200-day Moving Average is $0.6008. Now, the first resistance to watch is $0.1491. This is followed by the second major resistance level at $0.1550. The third major resistance level sits at $0.1626. If the price goes on to break the first support level at $0.1356, it is likely to go to the next support level at $0.1280. Now, if the price goes above the second support level, the third support stands at $0.1221.
Vicinity Motor Corp (NASDAQ: VEV) Key Stats
The company with the Market Capitalisation of 7.22 million has total of 45,668K Shares Outstanding. Its annual sales at the moment are 19,050 K in contrast with the sum of -16,630 K annual income. Company’s last quarter sales were recorded 13,230 K and last quarter income was -3,720 K.
