On Friday, Canoo Inc (NASDAQ: GOEV) opened higher 1.50% from the last session, before settling in for the closing price of $1.33. Price fluctuations for GOEV have ranged from $1.24 to $141.68 over the past 52 weeks.
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Consumer Cyclical Sector giant saw their annual sales slid by -25.00% over the last five years. Company’s average yearly earnings per share was noted 83.26% at the time writing. With a float of $13.51 million, this company’s outstanding shares have now reached $14.49 million.
The firm has a total of 651 workers. Let’s measure their productivity. In terms of profitability, gross margin is -622.01%, operating margin of -12291.41%, and the pretax margin is -7559.53%.
Canoo Inc (GOEV) Insider Activity
A key investor’s attitude towards the stock of the Auto Manufacturers industry is another important factor to consider. The insider ownership of Canoo Inc is 6.76%, while institutional ownership is 5.80%. The most recent insider transaction that took place on Sep 17 ’24, was worth 3,515. In this transaction GENERAL COUNSEL, CORP SECY of this company sold 3,348 shares at a rate of $1.05, taking the stock ownership to the 178,165 shares. Before that another transaction happened on Sep 17 ’24, when Company’s Chief Financial Officer sold 4,849 for $1.05, making the entire transaction worth $5,091. This insider now owns 206,319 shares in total.
Canoo Inc (GOEV) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 83.26% per share during the next fiscal year.
Canoo Inc (NASDAQ: GOEV) Trading Performance Indicators
Check out the current performance indicators for Canoo Inc (GOEV). In the past quarter, the stock posted a quick ratio of 0.09. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.67.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -69.60, a number that is poised to hit -9.43 in the next quarter and is forecasted to reach -24.35 in one year’s time.
Technical Analysis of Canoo Inc (GOEV)
Analysing the last 5-days average volume posted by the [Canoo Inc, GOEV], we can find that recorded value of 2.63 million was better than the volume posted last year of 2.04 million. As of the previous 9 days, the stock’s Stochastic %D was 8.90%. Additionally, its Average True Range was 0.77.
During the past 100 days, Canoo Inc’s (GOEV) raw stochastic average was set at 0.34%, which indicates a significant decrease from 5.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 175.91% in the past 14 days, which was higher than the 166.00% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.8153, while its 200-day Moving Average is $32.3050. Now, the first resistance to watch is $1.3967. This is followed by the second major resistance level at $1.4433. The third major resistance level sits at $1.5067. If the price goes on to break the first support level at $1.2867, it is likely to go to the next support level at $1.2233. Should the price break the second support level, the third support level stands at $1.1767.
Canoo Inc (NASDAQ: GOEV) Key Stats
There are currently 4,839K shares outstanding in the company with a market cap of 19.85 million. Presently, the company’s annual sales total 890 K according to its annual income of -302,020 K. Last quarter, the company’s sales amounted to 890 K and its income totaled 3,260 K.
