In last trading session, Canoo Holdings Ltd. (NASDAQ:GOEV) saw 21,546,129 shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $19 trading at $2.28 or 13.64% at ring of the bell on the day assigns it a market valuation of $4.48 Billion. That closing price of GOEV’s stock is at a discount of -31.05% from its 52-week high price of $24.9 and is indicating a premium of 51.53% from its 52-week low price of $9.21. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 6.48 Million shares which gives us an average trading volume of 3.51 Million if we extend that period to 3-months.
For Canoo Holdings Ltd. (GOEV), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2. Splitting up the data highlights that, out of 1 analysts covering the stock, none rated the stock as a Sell while none recommended an Overweight rating for the stock. None suggested the stock as a Hold whereas 1 see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -$0.14 in the current quarter.
Canoo Holdings Ltd. (NASDAQ:GOEV) trade information
Upright in the green during last session for gaining 13.64%, in the last five days GOEV remained trading in the green while hitting it’s week-highest on Wednesday, Jan 13 when the stock touched $20.00- price level, adding 5% to its value on the day. Canoo Holdings Ltd.’s shares saw a change of 37.68% in year-to-date performance and have moved 35.33% in past 5-day. Canoo Holdings Ltd. (NASDAQ:GOEV) showed a performance of -6.31% in past 30-days. Number of shares sold short was 4.23 Million shares which calculate 1.21 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $30 to the stock, which implies a rise of 57.89% to its current value. Analysts have been projecting $30 as a low price target for the stock while placing it at a high target of $30. It follows that stock’s current price would jump +57.89% in reaching the projected high whereas dropping to the targeted low would mean a loss of 57.89% for stock’s current value.
Canoo Holdings Ltd. (GOEV) estimates and forecasts
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $3Million for the same. And 1 analysts are in estimates of company making revenue of $3Million in the next quarter that will end on March 01, 2021.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 0% during past 5 years. In 2021, company’s earnings growth rate is likely to be around 0% while estimates for its earnings growth in next 5 years are of 0%
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