Volcon Inc [NASDAQ: VLCN] surged by $12.39 during the normal trading session on Thursday and reaching a high of $44.09 during the day while it closed the day at $21.61.
Volcon Inc stock has also gained 175.29% of its value over the past 7 days. However, VLCN stock has inclined by 225.45% in the 3 months of the year. Over the past six months meanwhile, it has lost -29.65% and lost -89.77% year-on date.
The market cap for VLCN stock reached $11.77 million, with 0.54 million shares outstanding and 0.54 million shares in the current float. Compared to the average trading volume of 37.11K shares, VLCN reached a trading volume of 30306819 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 Volcon Inc [VLCN]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for VLCN shares is $4320000.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on VLCN 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 0.62, with the Price to Cash per share for the same quarter was set at 32.44.
VLCN stock trade performance evaluation
Volcon Inc [VLCN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 175.29. With this latest performance, VLCN shares gained by 307.05% in over the last four-week period, additionally sinking by -29.65% over the last 6 months – not to mention a drop of -38.19% 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 VLCN stock in for the last two-week period is set at 94.06, with the RSI for the last a single of trading hit 4.46, and the three-weeks RSI is set at 2.33 for Volcon Inc [VLCN]. The present Moving Average for the last 50 days of trading for this stock 6.27, while it was recorded at 10.89 for the last single week of trading, and 21.82 for the last 200 days.
Volcon Inc [VLCN]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Volcon Inc [VLCN] shares currently have an operating margin of -675.89% and a Gross Margin at -368.67%. Volcon Inc’s Net Margin is presently recorded at -586.22%.
Volcon Inc (VLCN) Capital Structure & Debt Analysis
According to recent financial data for Volcon Inc. ( VLCN), the Return on Equity (ROE) stands at -213.60%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -112.11%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Volcon Inc’s Return on Invested Capital (ROIC) is -129.12%, showcasing its effectiveness in deploying capital for earnings.
Volcon Inc (VLCN) Efficiency & Liquidity Metrics
Based on Volcon Inc’s (VLCN) latest financial statements, the Debt-to-Equity Ratio is 0.04%, indicating its reliance on debt financing relative to shareholder equity.
Volcon Inc (VLCN) Efficiency & Liquidity Metrics
Volcon Inc [VLCN]: Institutional Ownership
There are presently around $7.36%, or 7.40% of VLCN stock, in the hands of institutional investors.
