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.
Institutional Ownership:
Through their ownership of 7.99% of LEV’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
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.