With 1.24 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.85 million shares. During the session, the Recreational Vehicles company that operates in wider Consumer Cyclical sector, reached to the highest price of $0.5055 whereas the lowest price it dropped to was $0.421. The 52-week range on VEEE shows that it touched its highest point at $1.54 and its lowest point at $0.31 during that stretch. It currently has a 1-year price target of $8.00. Beta for the stock currently stands at 1.03.
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 VEEE was up-trending over the past week, with a rise of 12.05%, but this was up by 20.39% over a month. Three-month performance dropped to -18.32% while six-month performance fell -11.36%. The stock lost -67.39% in the past year, while it has lost -20.55% so far this year.
Float and Shares Shorts:
At present, 14.88 million VEEE shares are outstanding with a float of 10.32 million shares on hand for trading. On 2024-10-31, short shares totaled 0.38 million, which was 395.0 higher than short shares on 1727654400. In addition to Mr. Joseph Visconti as the firm’s CEO & Chairman of the Board, Mr. Preston Yarborough serves as its VP & Director.
Institutional Ownership:
Through their ownership of 0.13833 of VEEE’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, VEEE reported revenue of $2901318.0 and operating income of -$2989230.0. The EBITDA in the recently reported quarter was -$2448874.0 and diluted EPS was -$0.26.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential.
Analysts have provided yearly estimates in a range of $0.36 being high and $0.36 being low. For VEEE, this leads to a yearly average estimate of $0.36.
