Canoo Inc (GOEV) is predicted to post EPS of -0.46 in the upcoming quarter : This Stock is Ticking Every Box for Top Investors

Canoo Inc (NASDAQ: GOEV) flaunted slowness of -8.04% at $0.37, before settling in for the price of $0.40 at the close. Taking a more long-term approach, GOEV posted a 52-week range of $0.37-$8.27.

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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 82.63%. This publicly-traded company’s shares outstanding now amounts to $96.78 million, simultaneously with a float of $88.33 million. The organization now has a market capitalization sitting at $32.67 million. At the time of writing, stock’s 50-day Moving Average stood at $0.7770, while the 200-day Moving Average is $1.8827.

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 8.73%, in contrast to 17.35% 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 82.63% and is forecasted to reach -1.61 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 0.09. 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 17.57.

In the same vein, GOEV’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -3.48, a figure that is expected to reach -0.46 in the next quarter, and analysts are predicting that it will be -1.61 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 better the volume of 5.39 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 2.78% While, its Average True Range was 0.0712.

Raw Stochastic average of Canoo Inc (GOEV) in the period of the previous 100 days is set at 0.41%, which indicates a major fall in contrast to 2.53% 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 196.66% that was higher than 126.60% volatility it exhibited in the past 100-days period.