Get in on Microvast Holdings Inc’s (MVST) buy-in window today!

With 2.1 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.62 million shares. During the session, the Electrical Equipment & Parts company that operates in wider Industrials sector, reached to the highest price of $0.4399 whereas the lowest price it dropped to was $0.3803. The 52-week range on MVST shows that it touched its highest point at $2.91 and its lowest point at $0.30 during that stretch. It currently has a 1-year price target of $3.33. Beta for the stock currently stands at 1.71.

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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 MVST was up-trending over the past week, with a rise of 1.52%, but this was up by 9.54% over a month. Three-month performance dropped to -20.58% while six-month performance fell -68.84%. The stock lost -80.10% in the past year, while it has lost -71.29% so far this year. A look at the trailing 12-month EPS for MVST yields -0.32 with Next year EPS estimates of -0.08. For the next quarter, that number is -0.05. This implies an EPS growth rate of -38.46% for this year and 53.70% for next year.

Float and Shares Shorts:

At present, 315.01 million MVST shares are outstanding with a float of 170.33 million shares on hand for trading. On 2024-06-14, short shares totaled 25.67 million, which was 814.0001 higher than short shares on 1715731200. In addition to Mr. Yang Wu as the firm’s Chairman & CEO, Ms. Isida Tushe serves as its President, General Counsel & Corporate Secretary.

Institutional Ownership:

Through their ownership of 0.25375998 of MVST’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 2024-03-31, MVST reported revenue of $81351000.0 and operating income of -$23118000.0. The EBITDA in the recently reported quarter was -$15471000.0 and diluted EPS was -$0.08.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MVST 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.