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A Detailed Analysis Of Microvast Holdings Inc. (MVST)

Microvast Holdings Inc. (NASDAQ:MVST) has a beta value of 1.24 and has seen 1.16 million shares traded in the last trading session. The company, currently valued at $507.16M, closed the last trade at $1.66 per share which meant it lost -$0.03 on the day or -1.78% during that session. The MVST stock price is -474.7% off its 52-week high price of $9.54 and 16.87% above the 52-week low of $1.38. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.18 million shares traded. The 3-month trading volume is 1.88 million shares.

Microvast Holdings Inc. (NASDAQ:MVST) trade information

Sporting -1.78% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on Tuesday, 01/24/23 when the MVST stock price touched $1.66 or saw a rise of 7.0%. Year-to-date, Microvast Holdings Inc. shares have moved 8.50%, while the 5-day performance has seen it change -3.49%. Over the past 30 days, the shares of Microvast Holdings Inc. (NASDAQ:MVST) have changed 0.61%. Short interest in the company has seen 12.98 million shares shorted with days to cover at 7.31.

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Microvast Holdings Inc. (MVST) estimates and forecasts

Figures show that Microvast Holdings Inc. shares have outperformed across the wider relevant industry. The company’s shares have lost -27.51% over the past 6 months, with this year growth rate of 76.98%, compared to 12.90% for the industry. Revenue growth from the last financial year stood is estimated to be 36.90%.

1 analysts offering their estimates for the company have set an average revenue estimate of $64.41 million for the current quarter. 1 have an estimated revenue figure of $52.7 million for the next quarter concluding in Sep 2022.

MVST Dividends

Microvast Holdings Inc. is expected to release its next earnings report between March 27 and March 31 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Microvast Holdings Inc. (NASDAQ:MVST)’s Major holders

Insiders own 43.67% of the company shares, while shares held by institutions stand at 40.00% with a share float percentage of 71.01%. Investors are also buoyed by the number of investors in a company, with Microvast Holdings Inc. having a total of 153 institutions that hold shares in the company. The top two institutional holders are Vanguard Group, Inc. (The) with over 15.17 million shares worth more than $33.68 million. As of Jun 29, 2022, Vanguard Group, Inc. (The) held 5.02% of shares outstanding.

The other major institutional holder is Blackrock Inc., with the holding of over 12.13 million shares as of Jun 29, 2022. The firm’s total holdings are worth over $26.94 million and represent 4.01% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund. As of Jun 29, 2022, the former fund manager holds about 1.47% shares in the company for having 4.44 million shares of worth $9.86 million while later fund manager owns 3.82 million shares of worth $8.47 million as of Jun 29, 2022, which makes it owner of about 1.26% of company’s outstanding stock.

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