During the last session, Microvast Holdings Inc (NASDAQ:MVST)’s traded shares were 4.59 million, with the beta value of the company hitting 1.57. At the end of the trading day, the stock’s price was $0.45, reflecting an intraday loss of -1.32% or -$0.01. The company’s market capitalization is $142.68M, and the average trade volume was 5.17 million shares over the past three months.
Microvast Holdings Inc (NASDAQ:MVST) trade information
Microvast Holdings Inc (MVST) registered a -1.32% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.32% in intraday trading to $0.45, hitting a weekly high. The stock’s 5-day price performance is -13.65%, and it has moved by -41.33% in 30 days. Based on these gigs, the overall price performance for the year is -57.57%.
Microvast Holdings Inc (MVST) estimates and forecasts
Statistics show that Microvast Holdings Inc has underperformed its competitors in share price, compared to the industry in which it operates. Microvast Holdings Inc (MVST) shares have gone down -63.13% during the last six months, with a year-to-date growth rate less than the industry average at 0.00% against 18.50. In the rating firms’ projections, revenue will increase 13.90% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 67.58M as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 77.67M by the end of current fiscal year.
While earnings are projected to return -120.51% in 2024.
MVST Dividends
Microvast Holdings Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
