As on Thursday, Canoo Inc (NASDAQ: GOEV) started slowly as it slid -1.35% to $0.98, before settling in for the price of $0.99 at the close. Taking a more long-term approach, GOEV posted a 52-week range of $0.88-$8.81.
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In the past 5-years timespan, the Consumer Cyclical sector firm’s annual sales growth 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 73.83%. This publicly-traded company’s shares outstanding now amounts to $86.78 million, simultaneously with a float of $78.81 million. The organization now has a market capitalization sitting at $84.89 million. At the time of writing, stock’s 50-day Moving Average stood at $1.2266, while the 200-day Moving Average is $2.4060.
Canoo Inc (GOEV) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Auto Manufacturers industry. Canoo Inc’s current insider ownership accounts for 9.18%, in contrast to 18.00% institutional ownership. According to the most recent insider trade that took place on Sep 17 ’24, this organization’s GENERAL COUNSEL, CORP SECY sold 3,348 shares at the rate of 1.05, making the entire transaction reach 3,515 in total value, affecting insider ownership by 178,165. Preceding that transaction, on Sep 17 ’24, Company’s Chief Financial Officer sold 4,849 for 1.05, making the whole transaction’s value amount to 5,091. This particular insider is now the holder of 206,319 in total.
Canoo Inc (GOEV) Earnings and Revenue Records
Canoo Inc’s EPS increase for this current 12-month fiscal period is 73.83% and is forecasted to reach -2.36 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 0.12. The Stock has managed to achieve an average true range (ATR) of 0.08. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 56.97.
In the same vein, GOEV’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -7.32, a figure that is expected to reach -0.78 in the next quarter, and analysts are predicting that it will be -2.36 at the market close of one year from today.
Technical Analysis of Canoo Inc (GOEV)
Through scrutinizing the latest numbers posted by the [Canoo Inc, GOEV], it can be observed that its last 5-days Average volume of 2.56 million was lower the volume of 5.08 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 58.36% While, its Average True Range was 0.0711.
Raw Stochastic average of Canoo Inc (GOEV) in the period of the previous 100 days is set at 4.87%, which indicates a major fall in contrast to 60.33% 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 63.44% that was lower than 95.92% volatility it exhibited in the past 100-days period.
