Envirotech Vehicles (NASDAQ:EVTV) Posts Quarterly Earnings Results
by Doug Wharley · The Cerbat GemEnvirotech Vehicles (NASDAQ:EVTV – Get Free Report) released its quarterly earnings data on Monday. The company reported ($2.34) earnings per share for the quarter, FiscalAI reports. The company had revenue of $2.49 million for the quarter. Envirotech Vehicles had a negative net margin of 753.60% and a negative return on equity of 152.81%.
Envirotech Vehicles Stock Performance
Envirotech Vehicles stock traded down $0.01 during trading hours on Monday, hitting $1.90. The company had a trading volume of 190,499 shares, compared to its average volume of 25,197,773. The firm has a market cap of $6.71 million, a P/E ratio of -0.16 and a beta of 0.76. Envirotech Vehicles has a 1 year low of $0.33 and a 1 year high of $5.07. The company has a 50-day moving average price of $1.76 and a two-hundred day moving average price of $1.53.
Analyst Upgrades and Downgrades
EVTV has been the subject of several recent research reports. Wall Street Zen downgraded shares of Envirotech Vehicles to a “strong sell” rating in a report on Saturday, February 7th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Envirotech Vehicles in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Envirotech Vehicles presently has an average rating of “Sell”.
View Our Latest Analysis on Envirotech Vehicles
About Envirotech Vehicles
Envirotech Vehicles, Inc manufactures and provides zero-emission electric vehicles in the United States. It offers Class 2 through logistics vans; class 4 through urban trucks, school buses, electric forklifts, street sweepers, neighborhood electric vehicles, and right-hand drive vans and urban trucks. The company also offers vehicle maintenance and safety inspection services. It serves commercial and last-mile fleets, school districts, public and private transportation service companies, and colleges and universities.