With 0.51 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.59 million shares. During the session, the Farm & Heavy Construction Machinery company that operates in wider Industrials sector, reached to the highest price of $1.7000 whereas the lowest price it dropped to was $1.6500. The 52-week range on LEV shows that it touched its highest point at $3.14 and its lowest point at $1.50 during that stretch. It currently has a 1-year price target of $3.53. Beta for the stock currently stands at 2.15.
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 LEV was up-trending over the past week, with a rise of 3.75%, but this was down by -4.05% over a month. Three-month performance dropped to -18.23% while six-month performance fell -19.02%. The stock lost -46.96% in the past year, while it has lost -25.89% so far this year. A look at the trailing 12-month EPS for LEV yields -0.23 with Next year EPS estimates of -0.28. For the next quarter, that number is -0.09. This implies an EPS growth rate of -444.44% for this year and 10.53% for next year.
Float and Shares Shorts:
At present, 218.08 million LEV shares are outstanding with a float of 115.94 million shares on hand for trading. On Oct 30, 2023, short shares totaled 8.19 million, which was 3.62% higher than short shares on Sep 28, 2023. In addition to Mr. Marc Bedard as the firm’s Founder, CEO & Director, Mr. Nicolas Brunet serves as its President.
Through their ownership of 7.99% of LEV’s outstanding shares, institutional investors have minority control over the company.
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LEV 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 LEV analysts setting a high price target of $7.00 and a low target of $1.90, the average target price over the next 12 months is $3.53. Based on these targets, LEV could surge 321.69% to reach the target high and rise by 14.46% to reach the target low. Reaching the average price target will result in a growth of 112.65% from current levels.