Twin Vee PowerCats Co [NASDAQ: VEEE] gained 9.64% or 0.24 points to close at $2.73 with a heavy trading volume of 12051003 shares.
It opened the trading session at $2.72, the shares rose to $2.83 and dropped to $2.44, the range by which the price of stock traded the whole day. The daily chart for VEEE points out that the company has recorded -22.37% loss over the past six months.
If we look at the average trading volume of 1.46M shares, VEEE reached to a volume of 12051003 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 Twin Vee PowerCats Co [VEEE]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for VEEE shares is $80.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on VEEE 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 0.33, with the Price to Cash per share for the same quarter was set at 4.70.
Trading performance analysis for VEEE stock
Twin Vee PowerCats Co [VEEE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 15.68. With this latest performance, VEEE shares gained by 35.15% in over the last four-week period, additionally sinking by -22.37% over the last 6 months – not to mention a drop of -50.36% 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 VEEE stock in for the last two-week period is set at 63.53, with the RSI for the last a single of trading hit 0.25, and the three-weeks RSI is set at 0.25 for Twin Vee PowerCats Co [VEEE]. The present Moving Average for the last 50 days of trading for this stock 2.26, while it was recorded at 2.48 for the last single week of trading, and 3.09 for the last 200 days.
Twin Vee PowerCats Co [VEEE]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Twin Vee PowerCats Co [VEEE] shares currently have an operating margin of -79.56% and a Gross Margin at -13.62%. Twin Vee PowerCats Co’s Net Margin is presently recorded at -73.58%.
Twin Vee PowerCats Co (VEEE) Capital Structure & Debt Analysis
According to recent financial data for Twin Vee PowerCats Co. ( VEEE), the Return on Equity (ROE) stands at -50.61%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -34.50%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Twin Vee PowerCats Co’s Return on Invested Capital (ROIC) is -50.53%, showcasing its effectiveness in deploying capital for earnings.
Twin Vee PowerCats Co (VEEE) Efficiency & Liquidity Metrics
Based on Twin Vee PowerCats Co’s (VEEE) latest financial statements, the Debt-to-Equity Ratio is 0.04%, indicating its reliance on debt financing relative to shareholder equity.
Twin Vee PowerCats Co (VEEE) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Twin Vee PowerCats Co. (VEEE) effectively leverages its workforce, generating an average of -$148923.08 per employee. The company’s liquidity position is robust, with a Current Ratio of 4.18% and a Quick Ratio of 3.34%, indicating strong ability to cover short-term liabilities.
An analysis of Institutional ownership at Twin Vee PowerCats Co [VEEE]
There are presently around $1.85%, or 2.17%% of VEEE stock, in the hands of institutional investors. The top three institutional holders of VEEE stocks are: AWM INVESTMENT COMPANY, INC. with ownership of 0.79 million shares, which is approximately 8.3387%. BARD ASSOCIATES INC, holding 79238.0 shares of the stock with an approximate value of $$43185.0 in VEEE stocks shares; and BARD ASSOCIATES INC, currently with $$37570.0 in VEEE stock with ownership which is approximately 0.7241%.
