Phoenix Motor Inc [PEV] is 33.27% higher this YTD. Is it still time to buy?

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Phoenix Motor Inc [NASDAQ: PEV] closed the trading session at $0.40.

The stocks have a year to date performance of 33.27 percent and weekly performance of 36.92 percent. The stock has been moved at -11.16 percent over the last six months. The stock has performed 62.52 percent around the most recent 30 days and changed 8.52 percent over the most recent 3-months.

If compared to the average trading volume of 7.06M shares, PEV reached to a volume of 11225485 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 Phoenix Motor Inc [PEV]:

The Average True Range (ATR) for Phoenix Motor Inc is set at 0.07 The Price to Book ratio for the last quarter was 1.00, with the Price to Cash per share for the same quarter was set at 0.01.

PEV stock trade performance evaluation

Phoenix Motor Inc [PEV] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 36.92. With this latest performance, PEV shares gained by 62.52% in over the last four-week period, additionally sinking by -11.16% over the last 6 months – not to mention a drop of -59.62% 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 PEV stock in for the last two-week period is set at 62.71, with the RSI for the last a single of trading hit 67.97, and the three-weeks RSI is set at 59.30 for Phoenix Motor Inc [PEV]. The present Moving Average for the last 50 days of trading for this stock 0.2952, while it was recorded at 0.3422 for the last single week of trading, and 0.4442 for the last 200 days.

Phoenix Motor Inc [PEV]: An insightful look at the core fundamentals

Phoenix Motor Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.49 and a Current Ratio set at 2.19.

Phoenix Motor Inc [PEV]: Institutional Ownership

The top three institutional holders of PEV stocks are: GEODE CAPITAL MANAGEMENT, LLC with ownership of 0.12 million shares, which is approximately 0.5589%. HARVEST FUND MANAGEMENT CO., LTD, holding 23185.0 shares of the stock with an approximate value of $$8000.0 in PEV stocks shares; and HARVEST FUND MANAGEMENT CO., LTD, currently with $$3399.0 in PEV stock with ownership which is approximately 0.0477%.