Envirotech Vehicles Inc [NASDAQ: EVTV] traded at a high on Wednesday, posting a 17.22 gain after which it closed the day’ session at $0.67.
The results of the trading session contributed to over 47067043 shares changing hands. Over the past one week, the price volatility of Envirotech Vehicles Inc stands at 26.26% while the volatility over the past one month is 12.45%.
The market cap for EVTV stock reached $13.26 million, with 16.77 million shares outstanding and 13.92 million shares in the current float. Compared to the average trading volume of 43.24K shares, EVTV reached a trading volume of 47067043 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Envirotech Vehicles Inc [EVTV]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for EVTV shares is $14.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on EVTV stock is a recommendation set at 1.00. 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 Envirotech Vehicles Inc is set at 0.12, with the Price to Sales ratio for EVTV stock in the period of the last 12 months amounting to 7.66. The Price to Book ratio for the last quarter was 0.59, with the Price to Cash per share for the same quarter was set at 0.03.
How has EVTV stock performed recently?
Envirotech Vehicles Inc [EVTV] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -22.90. With this latest performance, EVTV shares dropped by -47.06% in over the last four-week period, additionally sinking by -60.99% over the last 6 months – not to mention a drop of -50.22% 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 EVTV stock in for the last two-week period is set at 21.79, with the RSI for the last a single of trading hit 22.40, and the three-weeks RSI is set at 23.74 for Envirotech Vehicles Inc [EVTV]. The present Moving Average for the last 50 days of trading for this stock 1.2686, while it was recorded at 0.6516 for the last single week of trading, and 1.6808 for the last 200 days.
Envirotech Vehicles Inc [EVTV]: Deeper insight into the fundamentals
Envirotech Vehicles Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.75 and a Current Ratio set at 3.43.
Insider trade positions for Envirotech Vehicles Inc [EVTV]
There are presently around $5.46%, or 6.37%% of EVTV stock, in the hands of institutional investors.
