Perhaps timely catching Phoenix Motor Inc (PEV) would be a good idea

With 7.84 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.86 million shares. During the session, the Auto Manufacturers company that operates in wider Consumer Cyclical sector, reached to the highest price of $0.44 whereas the lowest price it dropped to was $0.31. The 52-week range on PEV shows that it touched its highest point at $1.60 and its lowest point at $0.27 during that stretch. Beta for the stock currently stands at 1.30.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PEV was up-trending over the past week, with a rise of 22.54%, but this was up by 21.64% over a month. Three-month performance dropped to -63.81% while six-month performance fell -7.77%. The stock lost -73.43% in the past year, while it has gained 26.67% so far this year.

Float and Shares Shorts:

At present, 35.40 million PEV shares are outstanding with a float of 19.59 million shares on hand for trading. On 2024-12-13, short shares totaled 0.55 million, which was 147.0 higher than short shares on 1731628800. In addition to Mr. Xiaofeng Peng as the firm’s Chairman of Board & CEO, Mr. LiMing Yung serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 0.008450001 of PEV’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, PEV reported revenue of $12032000.0 and operating income of -$7100000.0. The EBITDA in the recently reported quarter was -$6444000.0 and diluted EPS was -$0.06.

Analysts Ratings:

In the same way, a target price assigned to a stock can also reveal much about its potential.