In last trading session, Microvast Holdings Inc (NASDAQ:MVST) saw 2.18 million shares changing hands with its beta currently measuring 1.61. Company’s recent per share price level of $0.40 trading at $0.01 or 3.11% at ring of the bell on the day assigns it a market valuation of $128.18M. That closing price of MVST’s stock is at a discount of -627.5% from its 52-week high price of $2.91 and is indicating a premium of 20.0% from its 52-week low price of $0.32. Taking a look at company’s average trading volume volume of 5.19 million if we extend that period to 3-months.
Microvast Holdings Inc (NASDAQ:MVST) trade information
Upright in the green during last session for gaining 3.11%, in the last five days MVST remained trading in the red while hitting it’s week-highest on Thursday, 04/25/24 when the stock touched $0.40 price level, adding 12.18% to its value on the day. Microvast Holdings Inc’s shares saw a change of -71.14% in year-to-date performance and have moved -10.16% in past 5-day. Microvast Holdings Inc (NASDAQ:MVST) showed a performance of -31.51% in past 30-days.
Microvast Holdings Inc (MVST) estimates and forecasts
Statistics highlight that Microvast Holdings Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -68.18% of value to its shares in past 6 months, showing an annual growth rate of 0.00% while that of industry is 19.30. This year revenue growth is estimated to rise 13.90% from the last financial year’s standing.
3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $67.58 million for the same. And 3 analysts are in estimates of company making revenue of $77.67 million in the next quarter that will end on Jun 2024. Company posted $46.97 million and -$ of sales in current and next quarters respectively a year earlier.
MVST Dividends
Microvast Holdings Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
