No matter how cynical the overall market is, Microvast Holdings Inc (MVST) performance over the last week is recorded -6.27%

Microvast Holdings Inc (NASDAQ: MVST) kicked off on Friday, down -0.83% from the previous trading day, before settling in for the closing price of $2.41. Over the past 52 weeks, MVST has traded in a range of $0.15-$2.86.

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

Industrials Sector giant saw their annual sales surged by 31.46% over the last five years. While this was happening, its average annual earnings per share was recorded -103.85%. With a float of $179.01 million, this company’s outstanding shares have now reached $322.13 million.

The firm has a total of 2961 workers. Let’s measure their productivity. In terms of profitability, gross margin is 27.24%, operating margin of -31.03%, and the pretax margin is -30.89%.

Microvast Holdings Inc (MVST) Breakdown of a Key Holders of the stock

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 44.43%, while institutional ownership is 9.19%. The most recent insider transaction that took place on Nov 27 ’24, was worth 392,154. Before that another transaction happened on Nov 26 ’24, when Company’s former director proposed sale 670,000 for $0.75, making the entire transaction worth $502,500.

Microvast Holdings Inc (MVST) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.01 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -103.85% 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 0.83. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.06.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.37, a number that is poised to hit -0.02 in the next quarter and is forecasted to reach 0.04 in one year’s time.

Technical Analysis of Microvast Holdings Inc (MVST)

Analysing the last 5-days average volume posted by the [Microvast Holdings Inc, MVST], we can find that recorded value of 19.62 million was better than the volume posted last year of 13.24 million. As of the previous 9 days, the stock’s Stochastic %D was 65.49%. Additionally, its Average True Range was 0.37.

During the past 100 days, Microvast Holdings Inc’s (MVST) raw stochastic average was set at 82.65%, which indicates a significant increase from 73.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 240.47% in the past 14 days, which was lower than the 279.32% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.97, while its 200-day Moving Average is $0.54. Now, the first resistance to watch is $2.53. This is followed by the second major resistance level at $2.68. The third major resistance level sits at $2.79. If the price goes on to break the first support level at $2.27, it is likely to go to the next support level at $2.16. Now, if the price goes above the second support level, the third support stands at $2.01.

Microvast Holdings Inc (NASDAQ: MVST) Key Stats

The company with the Market Capitalisation of 763.50 million has total of 323,815K 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 101,390 K and last quarter income was 13,250 K.