Market cap of Envirotech Vehicles Inc [EVTV] reaches 9.67M – now what?

Brandon Evans

Envirotech Vehicles Inc [NASDAQ: EVTV] loss -32.84% on the last trading session, reaching $2.74 price per share at the time.

Envirotech Vehicles Inc represents 3.22 million in outstanding shares, while the company has a total market value of $9.67 million with the latest information. EVTV stock price has been found in the range of $2.56 to $5.07.

If compared to the average trading volume of 123.81K shares, EVTV reached a trading volume of 14713753 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying 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 $0.70 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 Price to Book ratio for the last quarter was 1.49, with the Price to Cash per share for the same quarter was set at 0.27.

Trading performance analysis for EVTV stock

Envirotech Vehicles Inc [EVTV] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 11.84. With this latest performance, EVTV shares gained by 54.80% in over the last four-week period, additionally plugging by 6.61% over the last 6 months – not to mention a drop of -77.36% in the past year of trading.

Envirotech Vehicles Inc [EVTV]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Envirotech Vehicles Inc [EVTV] shares currently have an operating margin of -640.41% and a Gross Margin at -78.34%. Envirotech Vehicles Inc’s Net Margin is presently recorded at -1207.00%.

Envirotech Vehicles Inc (EVTV) Capital Structure & Debt Analysis

According to recent financial data for Envirotech Vehicles Inc. ( EVTV), the Return on Equity (ROE) stands at -189.10%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -100.52%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Envirotech Vehicles Inc’s Return on Invested Capital (ROIC) is -360.30%, showcasing its effectiveness in deploying capital for earnings.

Envirotech Vehicles Inc (EVTV) Efficiency & Liquidity Metrics

Based on Envirotech Vehicles Inc’s (EVTV) latest financial statements, the Debt-to-Equity Ratio is 1.03%, indicating its reliance on debt financing relative to shareholder equity.

Envirotech Vehicles Inc (EVTV) Efficiency & Liquidity Metrics

From an operational efficiency perspective, Envirotech Vehicles Inc. (EVTV) effectively leverages its workforce, generating an average of -$1033636.36 per employee. The company’s liquidity position is robust, with a Current Ratio of 0.99% and a Quick Ratio of 0.24%, indicating strong ability to cover short-term liabilities.

Envirotech Vehicles Inc [EVTV]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Envirotech Vehicles Inc posted 0/share EPS, while the average EPS was predicted by analysts to be reported at -2/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 2. 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 EVTV.

An analysis of Institutional ownership at Envirotech Vehicles Inc [EVTV]

There are presently around $2.26%, or 2.53%% of EVTV stock, in the hands of institutional investors.

DBT News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.