Envision Solar International Inc. [NASDAQ: EVSI] closed the trading session at $12.39 on 07/17/20. The day’s price range saw the stock hit a low of $12.01, while the highest price level was $13.88. Recently, Envision Solar came up with the announcement that it has deployed its EV ARC™ electric vehicle charging infrastructure product in LA County.
The company completed the deployment of EV ARC™ for Envoy On-Demand EVs with the funding being provided by LACI as part of a $1.9M grant which was awarded by the State of California in order to improve the access to relevant infrastructure and zero emissions mobility. The EV ARC product of the company provides conclusive zero emissions driving experience powered by the Sun.
If compared to the average trading volume of 99.70K shares, EVSI reached to a volume of 729311 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Envision Solar International Inc. [EVSI]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for EVSI shares is $13.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on EVSI stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Average True Range (ATR) for Envision Solar International Inc. is set at 1.18, with the Price to Sales ratio for EVSI stock in the period of the last 12 months amounting to 14.89. The Price to Book ratio for the last quarter was 12.27, with the Price to Cash per share for the same quarter was set at 0.38.
EVSI stock trade performance evaluation
Envision Solar International Inc. [EVSI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 6.90. With this latest performance, EVSI shares gained by 68.57% in over the last four-week period, additionally plugging by 113.25% over the last 6 months – not to mention a rise of 122.84% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for EVSI stock in for the last two-week period is set at 64.32, with the RSI for the last a single of trading hit 65.79, and the three-weeks RSI is set at 63.28 for Envision Solar International Inc. [EVSI]. The present Moving Average for the last 50 days of trading for this stock 8.83, while it was recorded at 11.39 for the last single week of trading, and 7.06 for the last 200 days.
Envision Solar International Inc. [EVSI]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Envision Solar International Inc. [EVSI] shares currently have an operating margin of -64.00 and a Gross Margin at -3.01. Envision Solar International Inc.’s Net Margin is presently recorded at -76.96.
Return on Total Capital for EVSI is now -92.60, given the latest momentum, and Return on Invested Capital for the company is -216.74. Return on Equity for this stock declined to -235.32, with Return on Assets sitting at -73.02. When it comes to the capital structure of this company, Envision Solar International Inc. [EVSI] has a Total Debt to Total Equity ratio set at 9.84. Additionally, EVSI Total Debt to Total Capital is recorded at 8.96, with Total Debt to Total Assets ending up at 7.86.
Reflecting on the efficiency of the workforce at the company, Envision Solar International Inc. [EVSI] managed to generate an average of -$112,398 per employee. Receivables Turnover for the company is 4.97 with a Total Asset Turnover recorded at a value of 0.95.Envision Solar International Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.20 and a Current Ratio set at 3.60.
Earnings per share (EPS) analysis for Envision Solar International Inc. [EVSI] stock
With the latest financial reports released by the company, Envision Solar International Inc. posted -0.21/share EPS, while the average EPS was predicted by analysts to be reported at -0.18/share.When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -16.70%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for EVSI.
Envision Solar International Inc. [EVSI]: Insider Ownership positions
There are presently around $10 million, or 12.70% of EVSI stock, in the hands of institutional investors. The top three institutional holders of EVSI stocks are: BARD ASSOCIATES INC with ownership of 212,772, which is approximately -16.533% of the company’s market cap and around 0.70% of the total institutional ownership; AROSA CAPITAL MANAGEMENT LP, holding 165,000 shares of the stock with an approximate value of $2.04 million in EVSI stocks shares; and ESSEX INVESTMENT MANAGEMENT CO LLC, currently with $1.35 million in EVSI stock with ownership of nearly New of the company’s market capitalization.
Positions in Envision Solar International Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 11 institutional holders increased their position in Envision Solar International Inc. [NASDAQ:EVSI] by around 353,965 shares. Additionally, 3 investors decreased positions by around 69,245 shares, while 3 investors held positions by with 420,215 shares. The mentioned changes placed institutional holdings at 843,425 shares, according to the latest SEC report filing. EVSI stock had 9 new institutional investments in for a total of 353,361 shares, while 2 institutional investors sold positions of 27,098 shares during the same period.