You might want to take a look at Phoenix Motor Inc. (PEV) now

Phoenix Motor Inc. (NASDAQ: PEV) stock fell -3.64% on Friday to $2.65 against a previous-day closing price of $2.75. With 81113.0 shares changed hands, the volume of the stock remained lighter than its average volume of 3.99 million shares. During the session, the Auto Manufacturers company that operates in wider Consumer Cyclical sector, reached to the highest price of $2.7700 whereas the lowest price it dropped to was $2.6200. The 52-week range on PEV shows that it touched its highest point at $8.50 and its lowest point at $2.68 during that stretch.

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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 down-trending over the past week, with a drop of -15.61%, but this was down by -56.84% over a month.

Float and Shares Shorts:

At present, 20.25 million PEV shares are outstanding with a float of 2.10 million shares on hand for trading.

Institutional Ownership:

Other institutions hold — of PEV, in contrast to — held by mutual funds. Shares owned by individuals account for –.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PEV since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With PEV analysts setting a high price target of – and a low target of –, the average target price over the next 12 months is –.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. The earnings surprise of a firm occurs when the actual results change from the consensus earnings estimate.

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