Microvast Holdings Inc (NASDAQ: MVST) kicked off on Monday, down -1.12% from the previous trading day, before settling in for the closing price of $0.21. Over the past 52 weeks, MVST has traded in a range of $0.18-$1.55.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Industrials sector has jumped its sales by 25.17% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -92.31%. With a float of $174.07 million, this company’s outstanding shares have now reached $315.01 million.
In an organization with 2961 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 24.4%, operating margin of -24.15%, and the pretax margin is -44.04%.
Microvast Holdings Inc (MVST) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Electrical Equipment & Parts Industry. The insider ownership of Microvast Holdings Inc is 45.07%, while institutional ownership is 13.45%. The most recent insider transaction that took place on Sep 26 ’24, was worth 66,095. Before that another transaction happened on Sep 06 ’24, when Company’s Former Board Member proposed sale 2,800,000 for $0.27, making the entire transaction worth $761,600.
Microvast Holdings Inc (MVST) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -92.31% per share during the next fiscal year.
Microvast Holdings Inc (NASDAQ: MVST) Trading Performance Indicators
Take a look at Microvast Holdings Inc’s (MVST) current performance indicators. Last quarter, stock had a quick ratio of 0.71. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.19.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.49 and is forecasted to reach 0.05 in one year’s time.
Technical Analysis of Microvast Holdings Inc (MVST)
Let’s dig in a bit further. During the last 5-days, its volume was 1.23 million. That was inferior than the volume of 3.37 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 38.93%. Additionally, its Average True Range was 0.02.
During the past 100 days, Microvast Holdings Inc’s (MVST) raw stochastic average was set at 7.43%, which indicates a significant decrease from 33.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.66% in the past 14 days, which was lower than the 106.16% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.2520, while its 200-day Moving Average is $0.4916. However, in the short run, Microvast Holdings Inc’s stock first resistance to watch stands at $0.2199. Second resistance stands at $0.2287. The third major resistance level sits at $0.2341. If the price goes on to break the first support level at $0.2057, it is likely to go to the next support level at $0.2003. The third support level lies at $0.1915 if the price breaches the second support level.
Microvast Holdings Inc (NASDAQ: MVST) Key Stats
The company with the Market Capitalisation of 66.93 million has total of 317,206K Shares Outstanding. Its annual sales at the moment are 306,620 K in contrast with the sum of -106,340 K annual income. Company’s last quarter sales were recorded 83,680 K and last quarter income was -78,440 K.
